Exhibit 99.1

May 15, 2007       SERVOTRONICS, INC. (AMEX- SVT) ANNOUNCES
                          1ST QUARTER RESULTS FOR 2007

      Elma,  NY --  Servotronics,  Inc.  (Amex - SVT)  reported  net  income  of
$204,000 (or $0.10 per share - Basic and Diluted) on revenues of $6,530,000  for
the first quarter ended March 31, 2007 as compared to net income of $273,000 (or
$0.13 per share Basic,  $0.12 per share  Diluted) on revenues of $5,435,000  for
the comparable period ended March 31, 2006. The approximate  $69,000 decrease in
the first  quarter  year to year net  income is more than  accounted  for by the
$209,000  period to period  decrease in other pre-tax  income not related to the
sale of Company products. This period to period decrease in other pre-tax income
of $209,000  was  partially  offset by a $110,000  period to period  increase in
pre-tax income from  operations.  The $110,000 in pre-tax  income  represents an
approximate  58% increase in pre-tax  income from  operations on an  approximate
$1,095,000 or an approximate 20% increase in consolidated revenues for the first
quarter of 2007 when compared to the revenues in the same period in 2006.

      The Aerospace  Industry  Association stated that the civil aircraft sector
of the Aerospace Industry was particularly strong in 2006 and that, based on the
current backlog of commercial  aircraft orders, they believe that this Aerospace
Industry  sector will  continue  to be strong in 2007.  The  Company's  Advanced
Technology  Group's (ATG)  increase in revenues for the three month period ended
March 31, 2007 reflects this  forecasted  belief.  As previously  reported,  the
Company's Consumer Product Group (CPG) has developed products for government and
military  applications which resulted in two significant  contracts amounting to
$4,000,000.  Recently and not previously reported, another contract amounting to
$800,000 has been  received.  These  contracts have  scheduled  deliveries  that
commence in 2007 and continue into 2008.

      The  Company  is  composed  of two  groups - the ATG and the 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,  manufacturing  equipment,  etc.).  The CPG designs  and  manufactures
cutlery, bayonets, machetes and combat, survival,  sporting,  agricultural,  and
pocket knives for both commercial and government applications.

      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 March 31,  2007,  the
Company has purchased 144,357 shares under this authorization.

                           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.