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TRANSLUX logo


FOR IMMEDIATE RELEASE


Contact: Angela D. Toppi
Executive Vice President & CFO
atoppi@trans-lux.com
203.642.5903

                    TRANS-LUX REPORTS FIRST QUARTER RESULTS


NORWALK, CT, May 16, 2011 - Trans-Lux Corporation (OTC: TNLX), a leading
supplier of programmable electronic information displays and next generation LED
lighting, today reported financial results for the first quarter ended March 31,
2011.  Trans-Lux President and Chief Executive Officer J.M. Allain made the
announcement.

Revenues for the first quarter 2011 totaled $4.9 million, down from $5.4 million
for the first quarter 2010.  Trans-Lux recorded a net loss for the first quarter
2011 of $1.7 million (loss of $0.68 per share), compared with a net loss of $1.4
million (loss of $0.59 per share) for the same period in the prior year.  The
Company recorded an additional $70,000 restructuring charge for the first
quarter 2011.  The Company recorded an increase in bad debt expense in the
current period, which is reflected in the increase in general and administrative
expenses for the first quarter 2011.  EBITDA for the first quarter 2011 is a
negative $155,000 compared with a positive $386,000 in the same 2010 period.

"The first quarter results reflect reduced revenue and gross profit, but an
improvement in our gross profit margin," said Mr. Allain.  "The financial
markets and other markets we serve remain challenged and margins continue to be
under pressure, but our ability to deliver new LED digital signage solutions and
LED lighting products should help further drive our business momentum."



About Trans-Lux
Trans-Lux Corporation is a leading designer and manufacturer of digital signage
display solutions for the financial, sports and entertainment, gaming and
leasing markets.  With a comprehensive offering of LED Large Screen Systems,
Fair-Play branded Scoreboards, and Trans-Lux Energy LED lighting solutions,
Trans-Lux delivers comprehensive digital signage solutions for any size venue's
indoor and outdoor display needs.  For more information, please visit our web
site at www.trans-lux.com.
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                         (Table of Operations attached)

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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

The Company may, from time to time, provide estimates as to future performances.
These forward-looking statements will be estimates and may or may not be
realized by the Company.  The Company undertakes no duty to update such
forward-looking statements.  Many factors could cause actual results to differ
from these forward-looking statements, including loss of market share through
competition, introduction of competing products by others, pressure on prices
from competition or purchasers of the Company's products, interest rate and
foreign exchange fluctuations, terrorist acts and war.



Trans-Lux / 3


                             TRANS-LUX CORPORATION

                              TABLE OF OPERATIONS
                                  (Unaudited)


                                                        THREE MONTHS ENDED
                                                              MARCH 31
                                                        ------------------
(In thousands, except per share data)                      2011       2010
--------------------------------------------------------------------------
                                                             
Revenues                                                $ 4,917    $ 5,386
                                                        ------------------
Net loss                                                $(1,670)   $(1,420)
                                                        ------------------
Calculation of EBITDA:
  Net loss                                              $(1,670)   $(1,420)
  Interest expense, net                                     361        418
  Income tax expense                                          7         14
  Depreciation and amortization                           1,147      1,374
                                                        ------------------
Total EBITDA (1)                                        $  (155)   $   386
                                                        ==================

Loss per share - basic and diluted                      $ (0.68)   $ (0.59)
                                                        ------------------

Average common shares outstanding - basic and diluted     2,443      2,393
--------------------------------------------------------------------------

(1) EBITDA is defined as earnings before effect of interest, income taxes,
depreciation and amortization.  EBITDA is presented here because it is a widely
accepted financial indicator of a company's ability to service and/or incur
indebtedness.  However, EBITDA should not be considered as an alternative to net
income or cash flow data prepared in accordance with accounting principles
generally accepted in the United States or as a measure of a company's
profitability or liquidity.  The Company's measure of EBITDA may not be
comparable to similarly titled measures reported by other companies.