Exhibit 99.01


SL  INDUSTRIES,  INC.  ANNOUNCES  APPOINTMENT OF EUGENE J. RUDDY AS PRESIDENT OF
CONDOR D.C. POWER SUPPLIES, INC.
Thursday August 4, 11:48 am ET

MT. LAUREL,  N.J.--(BUSINESS  WIRE)--Aug.  4, 2005--SL INDUSTRIES,  INC. (AMEX &
PHLX:SLI)  announced today that it has appointed Eugene J. Ruddy as President of
its wholly owned subsidiary,  Condor D.C. Power Supplies,  Inc. ("Condor").  Mr.
Ruddy  joins  Condor  from  Fadal  Machining  Centers,  where he  served as Vice
President and General Manager since 2002. He has 21 years of general management,
engineering  and  manufacturing   experience,   including   responsibility   for
operations in the far east.  Mr. Ruddy  received a Bachelor of Science degree in
engineering and a Master's degree in business  administration  from Embry-Riddle
University.  As part of Mr.  Ruddy's  compensation,  SL  Industries  granted him
options to purchase  25,000  shares of its common stock at an exercise  price of
$17.01 per share.

In connection  with the new leadership at Condor,  SL Industries  also announced
that  Salvatore V.  Ronchetti,  the former  President of Condor,  has been named
Executive  Vice  President of the SL Industries  Power  Electronics  Group.  Mr.
Ronchetti will continue to play an instrumental  role with the senior management
team on market and product development initiatives.

About SL Industries

SL Industries, Inc. designs,  manufactures and markets power electronics,  power
motion,  power  protection,  teleprotection  and  communications  equipment  and
systems  that is used in a variety of  medical,  aerospace,  computer,  datacom,
industrial,   telecom,  transportation  and  electric  power  utility  equipment
applications.  For more information about SL Industries,  Inc. and its products,
please visit the Company's web site at WWW.SLINDUSTRIES.COM.

Forward-Looking Statements

This press  release  contains  statements  that are  forward-looking  statements
within the  meaning of the  Private  Securities  Litigation  Reform Act of 1995.
These  statements are based on current  expectations,  estimates and projections
about the Company's  business based, in part, on assumptions made by management.
These  statements  are not guarantees of future  performance  and involve risks,
uncertainties and assumptions that are difficult to predict.  Therefore,  actual
outcomes and results may differ  materially from what is expressed or forecasted
in such  forward-looking  statements  due to  numerous  factors,  including  the
following: the effectiveness of the cost reduction initiatives undertaken by the
Company,  changes in demand for the Company's products,  product mix, the timing
of  customer  orders and  deliveries,  the impact of  competitive  products  and
pricing,  constraints on supplies of critical components,  excess or shortage of
production  capacity,  difficulties  encountered in the  integration of acquired
businesses and other risks discussed from time to time in the Company's  filings
and reports with the  Securities  and  Exchange  Commission.  In addition,  such
statements  could be  affected by general  industry  and market  conditions  and
growth rates, and general domestic and international  economic conditions.  Such
forward-looking statements speak only as of the date on which they are made, and
the Company does not  undertake  any  obligation  to update any  forward-looking
statement to reflect events or circumstances after the date of this release.


CONTACT:
     SL Industries, Inc.
     David R. Nuzzo, 856-727-1500, ext. 5515
     Facsimile: 856-727-1683
     DAVID.NUZZO@SLINDUSTRIES.COM