Applied Signal Technology, Inc. Announces Fourth Quarter Fiscal 2010 Earnings Conference Call

In the fifth graph, the date should read February 28, 2011 (sted February 28, 2010)

The corrected release reads:

APPLIED SIGNAL TECHNOLOGY, INC. ANNOUNCES FOURTH QUARTER FISCAL 2010 EARNINGS CONFERENCE CALL

Applied Signal Technology, Inc. (NASDAQ: APSG) will host a conference call to discuss its financial results for the fourth quarter of its fiscal year 2010 on Thursday, December 16, 2010, at 5:00PM Eastern Time. The Company’s prepared remarks will be followed by a question and answer session.

Via telephone, the dial-in number is 877-407-8031 for domestic callers or 201-689-8031 for international callers; no password is required. The conference call will also be Web cast live (listen-only mode) at the following Web sites: http://www.appsig.com and http://www.InvestorCalendar.com.

The press release announcing the Company’s results will be distributed over a national wire service prior to the conference call. The press release will also be posted at the Company’s Web site: http://www.appsig.com.

Replay of the teleconference call will be available until December 26, 2010 / 11:59PM Pacific Time via telephone by calling 877-660-6853 (International 201-612-7415). Replay pass codes are required: account number 286 and conference ID number 362691.

Replay of the webcast will be available until February 28, 2011 at: http://www.InvestorCalendar.com.

Applied Signal Technology, Inc. is a leading provider of advanced intelligence, surveillance and reconnaissance (ISR) products, systems, and services that enhance global security. For further information about Applied Signal Technology, visit our website at www.appsig.com

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