Exhibit 99.1

May 12, 2006
                    SERVOTRONICS, INC. (AMEX- SVT) ANNOUNCES
                          1ST QUARTER RESULTS FOR 2006

     Elma, NY -- Servotronics, Inc. (Amex - SVT) reported net income of $273,000
(or $0.13 per share - Basic and  $.012  per  share -  Diluted)  on  revenues  of
$5,678,000  for the first quarter ended March 31, 2006 as compared to net income
of $134,000 (or $0.06 per share Basic and Diluted) on revenues of $5,684,000 for
the comparable period ended March 31, 2005.

     The Company is composed of two groups - the Advanced Technology Group (ATG)
and the Consumer Products Group (CPG). The ATG primarily  designs,  develops and
manufactures  servo  control and other  components  for various  commercial  and
government applications (i.e., aircraft, jet engines, missiles, satellite launch
vehicles,  etc.). The CPG designs and manufactures cutlery,  bayonets,  machetes
and  combat,  survival,  sporting,  agricultural,  and  pocket  knives  for both
commercial and government applications.

     First  quarter  revenues at the ATG increased by  approximately  29% (i.e.,
$836,000).  However,  this  increase  was offset by a similar  size  decrease in
revenues at the CPG.  The  decrease in  revenues  at the CPG was  primarily  the
result of the scheduled completion of a substantial U.S. Government contract for
a  U.S.  Marine  Corps  (USMC)  combination  Combat  Knife/Bayonet  system.  New
Government contracts for other recently developed CPG products are continuing to
be  received  but not yet in the amount that fully  replaces  the high volume of
accelerated deliveries associated with the aforementioned USMC contract.

     The current  growth in the aerospace  industry is directly  benefiting  the
Company because of the many control  components it is supplying for applications
on the  Boeing  700 and  Airbus  300  series  of  commercial  airlines,  various
regional/business  jets and significant  military  programs.  Quantity  purchase
orders and  deliveries  for  commercial  aircraft by both Boeing and Airbus have
increased  substantially  from the  industry's  lows  subsequent to 9/11.  Also,
during  the  past  year  the  Company  has  successfully  negotiated  multi-year
agreements  for a wide range of control  products  with  certain of its  largest
customers.  One of these multi-year agreements is for control components used on
the  Standard  Missile  and extends to the year 2010.  It is  expected  that the
revenue value of the agreement  will be in excess of $2,000,000  per year and in
excess of $11,000,000 through the life of the agreement.

     In  January  of 2006,  the  Company's  Board of  Directors  authorized  the
purchase by the Company of up to 250,000  shares of its common stock in the open
market or in privately negotiated transactions.  As of May 11, 2006, the Company
has purchased or has committed to purchase 86,157 shares under this program.

                           FORWARD-LOOKING STATEMENTS
     Certain  paragraphs  of this  release  contain  forward-looking  statements
within the meaning of Section 27A of the  Securities Act of 1933 and Section 21E
of the  Securities  Exchange  Act of  1934,  such  as  those  pertaining  to the
Company's  expectation of new business and success in its entry into new product
programs.  Forward-looking  statements involve numerous risks and uncertainties.
The  Company  derives a material  portion of its  revenue  from  contracts  with
agencies  of the U.S.  Government  or their  prime  contractors.  The  Company's
business is performed  under fixed price  contracts and the  following  factors,
among others,  could cause actual results and future events to differ materially
from  those  set  forth  or  contemplated  in  the  forward-looking  statements:
uncertainties  in today's global economy and global  competition,  difficulty in
predicting  defense  appropriations,  the vitality and ability of the commercial
aviation  industry to purchase new aircraft,  the willingness and ability of the
Company's  customers to fund long-term purchase programs,  and market demand and
acceptance  both for the Company's  products and its  customers'  products which
incorporate  Company-made  components.  The success of the Company  also depends
upon the trends that affect the national  economy.  Readers are cautioned not to
place undue reliance on forward-looking  statements,  which reflect management's
analysis only as of the date hereof. The Company assumes no obligation to update
forward-looking statements.
       SERVOTRONICS, INC. (SVT) IS LISTED ON THE AMERICAN STOCK EXCHANGE.