GlobeNewswire Inc | Apr 9, 2021 09:00AM EDT

April 09, 2021

SAN DIEGO, April 09, 2021 (GLOBE NEWSWIRE) -- Franklin Wireless Corp. (NASDAQ: FKWL), a market leader in broadband data communications, has been notified that Verizon Wireless has issued a voluntary recall of its Jetpack Hotspot devices imported by Franklin. Franklin is continuing to work with its battery and device manufacturing partners to determine the cause and extent of the concerns. At this time, fewer than 20 reports of trouble have been received with over 2 million devices in sold over the last three and a half years.

About Franklin

Franklin Wireless Corp.(FKWL)is a leader in innovative hardware and software products that support smart tracking and the Internet of Things (IoT), as well as intelligent wireless broadband solutions including mobile hotspots, routers and modems. For more information, please visitwww.franklinwireless.com.

Safe Harbor Statement:

Certain statements in this press release constitute 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 forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements, expressed or implied by such forward-looking statements.

Contact:ir@franklinwireless.com