Raymond H. Legatti, President and a Founder Announces
                            Intention to Retire From
                        Technology Research Corporation


CLEARWATER, FLORIDA, April 17, 2003  - Robert S. Wiggins, Chairman and Chief
Executive Officer of Technology Research Corporation (TRC), (NASDAQ-TRCI)
announced today Raymond H. Legatti, President and a Founder, has stated his
intention to retire from Technology Research Corporation effective December 31,
2003.  As a result, he is stepping down from his position as President
effective immediately to allow Jerry T. Kendall to assume that position.
Mr. Legatti will remain with the Company as a Senior Vice President until his
retirement after which he will be retained in a consulting capacity.

Wiggins said, "Ray Legatti has made significant contributions to the Company
since its founding in 1981.  He has been instrumental in developing the
Company's core technologies including Fire Shield(.  In addition, he has been
an important member of a number of committees relating to establishing safety
standards requirements for electrical devices for both the Global and North
American markets."  Wiggins added, "I am pleased  that he has agreed to consult
for the Company after his retirement and continue to be involved with the
evelopment and application of our core technologies. He will continue to
represent TRC on several electrical safety standards committees, and he will
continue to serve as Technical Advisor to the United States National Committee
for  the International Electro-technical Commission for certain electrical
safety technology. We wish the best for Ray in his retirement."

TRC is recognized as a worldwide leader in electrical safety products that
prevent electrocution, electrical fires and protect against serious injury from
electrical shock.  Based on its core technology in ground fault sensing,
products are designed to meet the needs of the consumer, commercial, and
industrial markets worldwide.  The Company also supplies power monitors and
control equipment used by the United States Military and its prime contractors.

"Safe Harbor" Statement: Certain statements in this press release are forward
looking in nature and accordingly, are subject to risks of uncertainties.  The
actual results may differ materially from those described or contemplated.