CLEARWATER, FLORIDA, November 1, 2001 – Ned Schiff, vice president U.S. Sales and Marketing for Technology Research Corporation (TRC), (NASDAQ:TRCI), announced today that it will be supplying Wal-Mart Stores, Inc. with its Fire Shield Safety Extension Cord beginning in November for approximately 600 stores.

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 and uncertainties.  The actual results may differ materially from those described or contemplated.

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