BK TECHNOLOGIES CORP Names Kyle Cerminara Chairman BK Technologies Corporation ("BK Technologies" or the "Company") announced that board member Kyle Cerminara has been named Chairman of the Board of Directors. Mr. Cerminara replaces Major General (Ret.) E. Gray Payne, who will remain a board member. Mr. Cerminara was appointed to the Board of Directors in July 2015 and served as Chairman from March 2017 until April 2020.

Mr. Cerminara has over 20 years' experience as an institutional investor, asset manager, director, chief executive, founder and operator of multiple financial services and technology businesses. Mr. Cerminara co-founded Fundamental Global in 2012, which is the large stockholder of the Company, and serves as its Chief Executive Officer. Mr. Cerminara is currently a member of the board of directors of a number of companies focused in the reinsurance, investment management, technology and communication sectors.

These include FG Financial Group Inc., which operates as a diversified reinsurance and investment management company; Ballantyne Strong Inc. (NYSE American: BTN), a holding company with diverse business activities focused on serving the entertainment and retail markets; and Firefly Systems Inc., a venture- backed digital advertising company. Mr. Cerminara was previously a portfolio manager at Sigma Capital Management, a director and sector head of the Financials Industry at Highside Capital Management, and a portfolio manager and director at CR Intrinsic Investors. Before joining CR Intrinsic Investors, Mr. Cerminara was at T. Rowe Price from 2001 to 2007, where he was named amongst Institutional Investor's Best of the Buy Side Analysts, and began his career as an analyst at Legg Mason.

Mr. Cerminara received an MBA degree from the Darden Graduate School of Business at the University of Virginia and a B.S. in Finance and Accounting from the Smith School of Business at the University of Maryland. Mr. Cerminara holds the Chartered Financial Analyst (CFA) designation.