Telebyte, Inc. Completes Merger with TBTIA, Inc.


GREENLAWN, N.Y.-- Sept. 1, 2006--Telebyte, Inc. announced today that the merger with TBTIA Inc. previously approved by shareholders on July 21 was completed today and that former shareholders and option holders will be contacted by Telebyte's exchange agent with instructions for surrendering their common stock and exercising their options in exchange for the merger consideration of $1.02 per common share.

Contacts

Michael Breneisen,
Telebyte, Inc.,
631-423-3232 ext 426

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