MSS Merrill Lynch Merrill Lynch Strategic Return Notes Linked TO The Select 10 Index Structured Product

Measurement Specialties, Inc. Sets Schedule to Announce Second Quarter Results FAIRFIELD, N.J., Oct. 27 /PRNewswire-FirstCall/ -- Measurement Specialties, Inc. , a designer and manufacturer of sensors and sensor-based consumer products, announced today that it will report earnings for the three and six month periods ended September 30, 2003, on Tuesday, November 4, 2003. Earnings will be released after 4:00 PM EST. Additionally, the company reiterates its guidance for the second quarter given at the Annual Meeting of Shareholders on September 23, 2003. To access that presentation visit the company's website at http://www.msiusa.com/ and click on the September 23, 2003 recording under the Vcall icon or visit http://www.vcall.com/. A conference call reviewing second quarter results will be held on Wednesday, November 5, 2003 beginning at 11:00 AM EST. To participate, please dial 888 423-3276 prior to the start time. International callers should dial 651 224-7497. A recording of the call will be available for 30 days by dialing 800 475-6701 and entering access code 704604. The call will be simultaneously broadcast over the Internet and available for 30 days thereafter at http://www.vcall.com/. Measurement Specialties is a designer and manufacturer of sensors, and sensor-based consumer products. Measurement Specialties produces a wide variety of sensors that use advanced technologies to measure precise ranges of physical characteristics, including pressure, motion, force, displacement, angle, flow, and distance. Measurement Specialties uses multiple advanced technologies, including piezoresistive, application specific integrated circuits (ASICs), micro-electromechanical systems (MEMS), piezopolymers, and strain gages to allow their sensors to operate precisely and cost effectively. This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, including but not limited to, statements regarding the continued production of current product lines. Forward-looking statements may be identified by such words or phases as "intends," "are expected to," "will continue," "is anticipated," "estimated," "projected," "may," "we believe," "future prospects," "potential growth prospects," or similar expressions. The forward-looking statements above involve a number of risks and uncertainties. Factors that might cause actual results to differ include, but are not limited to, success of any reorganization; consummation of any contemplated sale of assets; ability to raise additional funds; the outcome of the class action lawsuits filed against the Company; the outcome of the current SEC investigation of the Company; conditions in the general economy and in the markets served by the Company; competitive factors, such as price pressures and the potential emergence of rival technologies; interruptions of suppliers' operations affecting availability of component materials at reasonable prices; timely development and market acceptance, and warranty performance of new products; changes in product mix, costs and yields, fluctuations in foreign currency exchange rates; uncertainties related to doing business in Hong Kong and China; and the risk factors listed from time to time in the Company's SEC reports. Forward-looking statements do not include the impact of acquisitions or dispositions of assets, which could affect results in the near term. Actual results may differ materially. The Company assumes no obligation to update the information in this release. Company contact: Frank Guidone, CEO - 973 808-3020 Investor/media contact: Aimee Boutcher - 973 239-2878 DATASOURCE: Measurement Specialties, Inc. CONTACT: Frank Guidone, CEO, +1-973-808-3020, or Aimee Boutcher of Boutcher & Boutcher Investor Relations, +1-973-239-2878, for Measurement Specialties, Inc. Web site: http://www.msiusa.com/ http://www.vcall.com/

Copyright