PHAZAR Says Chairman, CEO to Retire

PHAZAR CORP,

. At a meeting of the PHAZAR CORP Board of Directors held July 19, 2012, Garland P. Asher, Chairman, President & Chief Executive Officer announced that it was his intention to retire from the Company, effective December 31, 2012, and that he did not wish to stand for re-election to the Board for the upcoming year. Mr. Asher said he was giving the advance notice to ensure an orderly and smooth transition and give the Board time to conduct the search and process of identifying a successor. Mr. Asher further said that he would be willing to assist in any manner and to any degree the Board might desire in that exercise.