INRAD ANNOUNCES EXPANSION PROGRAM

NORTHVALE, N.J., May 9 - INRAD, Inc. (OTC Bulletin Board: INRD) announced that it has launched a campaign to expand its manufacturing operations. It will raise and deploy additional investment capital during the course of this expansion in a program focused on both internal and external investments.

Dan Lehrfeld, President and CEO of INRAD, commented, "Our aim is to better serve the growing needs of both our Custom Optics and Crystals and Crystal Components customers. We believe our major customers and their industries will continue to experience increases in demand for their products, and hence for the components we supply. Our program for these INRAD product areas focuses especially on our optical thin-film coating capacity and capabilities, our optics finishing run rate capacity, and our crystal product line breadth and production capacities. We are accelerating the internal expansion program we began last year, and we will continue to selectively join existing complementary manufacturing businesses to INRAD via strategic partnering, and through acquisition or merger."

INRAD, Inc. develops, manufactures, and supplies products for key Photonics Industry sectors via its three related product areas: Crystals and Crystal Components, Custom Optics, and Systems and Instruments. Its customers include leading corporations in the Laser Systems, Semiconductor Inspection Equipment, Telecommunications Components and Defense industries, as well as the U.S. Government. Its products are also used extensively by researchers at National Laboratories and Universities world-wide.

The statements contained in this press release that are not purely historical are forward looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These statements may be identified by their use of forward-looking terminology such as "believes" and "expects" or similar words. Such forward looking statements include, but are not limited to, statements regarding the expected benefits of the expansion plan, the belief that the plan will succeed in expanding Inrad's ability to deliver more products to its customers, or that the plan to join existing businesses to Inrad will succeed. Such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected. Risks and uncertainties that could cause actual results to differ materially from such forward looking statements are, but are not limited to, uncertainties in market demand for the company's products or the products of its customers, future actions by competitors, inability to raise the necessary capital on terms the company finds acceptable, inability to identify suitable strategic partners or acquisition candidates, uncertainties related to Inrad's ability to integrate these businesses into its operations, and other factors discussed from time to time in reports filed by Inrad with the Securities and Exchange Commission. The forward looking statements made in this news release are made as of the date hereof and Inrad does not assume any obligation to update the reasons why actual results could differ materially from those projected.

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