Pulse Electronics Sends Letter to Shareholders

Pulse Electronics Corporation (NYSE: PULS) today announced that it has filed with the Securities and Exchange Commission the Company's definitive proxy statement for its May 18, 2011 Annual Meeting of Shareholders and a letter sent to Pulse's shareholders from Chairman, President and Chief Executive Officer, Ralph Faison.

Over the past several months, your Company has been executing a comprehensive plan designed to significantly enhance the value of your investment in Pulse Electronics. I am honored to have joined Pulse in January as President and Chief Executive Officer and am focused on continuing to build on the Company's many strengths and position Pulse for long-term growth and profitability.

"At our May 18, 2011 Annual Meeting of Shareholders, you will decide whether your Company continues on its path to delivering value or is diverted by the self-serving agenda of one of Pulse's direct competitors, Bel Fuse Inc. As you may know, through an unsolicited, uncertain and opportunistic takeover proposal and related nomination of its hand-picked directors to the Pulse Board, Bel Fuse is attempting to capture for itself the significant current and future value that rightly belongs to you.

Your Board unanimously recommends that shareholders elect the Company's highly qualified nominees – Justin C. Choi, Steven G. Crane, Lawrence P. Reinhold, C. Mark Melliar-Smith, Howard C. Deck and me, Ralph E. Faison..."