Market Overview

Emerson Radio Corp. Expands Stock Repurchase Program


Emerson Radio Corp. (NYSE:MSN) today announced that its Board
of Directors has approved an increase in the Company's current stock
repurchase program by an additional $5 million, for a total
authorization since inception of the program of $10 million. The Board
of Directors also approved an extension of the program to June 30, 2018,
unless completed sooner or otherwise extended. Through August 31, 2017,
the Company has repurchased an aggregate of 2,392,964 shares of its
common stock under the program since inception of the program in
December 2016 at an average price of $1.46 per share or an aggregate
cost of approximately $3.5 million (exclusive of commissions).

As previously announced, the program allows for the repurchase of the
Company's common stock from time to time at prevailing market prices,
through open market or in privately negotiated transactions, which may
include, in whole or in part, the establishment of a purchase program
pursuant to the safe harbor provided by Rule 10b5-1 under the Securities
Exchange Act of 1934, through block purchases or through accelerated or
forward or similar stock purchases. Under the program, repurchases will
be funded from available working capital and any repurchased shares will
be held as authorized but unissued shares and will be available for
general corporate purposes.

About Emerson Radio Corp.

Emerson Radio Corp. (NYSE:MSN), incorporated in 1994, is
headquartered in Hackensack, N.J. The Company designs, sources, imports
and markets a variety of houseware and consumer electronic products, and
licenses its trademarks to others on a worldwide basis for a variety of
products. For more information, please visit Emerson Radio's web site at

Forward Looking Statements

This news release may contain certain "forward-looking statements"
within the meaning of Section 27A of the Securities Exchange Act of
1934, as amended, that represent the Company's expectations or beliefs
concerning further events. Such forward-looking statements are
inherently subject to risks and uncertainties. Such risks and
uncertainties include the continuation of sufficient liquidity to
complete stock repurchases, stock price levels and volatility,
alternative uses of funds, the absence of unforeseen changes in the
Company's markets, legal and regulatory changes and general changes in
the economy. Because of the risks and uncertainties inherent in
forward-looking statements, readers are cautioned not to place undue
reliance on them. The Company disclaims any obligation to update such
forward-looking statements because of new information or otherwise.

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