Bel Fuse : Awards Digi-Key Electronics with Distributor of the Year Award for Second Consecutive Year

Jersey City, NJ [May 22, 2018] Bel Fuse Inc. (NASDAQ: BELFA and NASDAQ: BELFB) and leading global manufacturer of products that power, protect and connect electronic circuits, awards Digi-Key Electronics for the second consecutive year with the Distributor of the Year award. The criteria of this award is based on overall sales, sales growth, marketing support and customer service.

We are pleased to recognize Digi-Key as the Bel Fuse Inc. Distributor of the Year for 2017. As our largest channel partner, Digi-Key has been instrumental in growing our customer base across our companies Bel Power Solutions & Protection, Bel Magnetic Solutions, Cinch Connectivity Solutions, Stewart Connector, and Signal Transformer. Digi-Key's focus on marketing, technical expertise and providing best in class customer service make them an ideal partner for Bel as we continue to expand our products and capabilities. 'On behalf of all Bel associates around the globe, I offer my appreciation for Digi-Key's continuous support and congratulations on a great sales year', said Dan Bernstein, CEO of Bel Fuse Inc.

'We at Digi-Key greatly appreciate receiving Distributor of the Year from Bel Fuse,' said Matt Nemec, Supplier Business Development Director at Digi-Key. 'This award highlights our strong and collaborative partnership and we look forward to continued success with Bel in the years to come.'

About Bel

Bel (www.belfuse.com) designs, manufactures and markets a broad array of products that power, protect and connect electronic circuits. These products are primarily used in the networking, telecommunications, computing, military and aerospace, transportation and broadcasting industries. Bel's product groups include Magnetic Solutions (integrated connector modules, power transformers, power inductors and discrete components), Power Solutions and Protection (front-end, board-mount and industrial power products, module products and circuit protection) and Connectivity Solutions (expanded beam fiber optic, copper- based, RF and RJ connectors and cable assemblies). The Company operates facilities around the world.

Forward Looking Statements

Except for historical information contained in this press release, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties. Among the factors that could cause actual results to differ materially from such statements are: the market concerns facing our customers; the continuing viability of sectors that rely on our products; the effects of business and economic conditions; difficulties associated with integrating recently acquired companies; capacity and supply constraints or difficulties; product development, commercializing or technological difficulties; the regulatory and trade environment; risks associated with foreign currencies; uncertainties associated with legal proceedings; the market's acceptance of the Company's new products and competitive responses to those new products; and the risk factors detailed from time to time in the Company's SEC reports. In light of the risks and uncertainties, there can be no assurance that any forward-looking statement will in fact prove to be correct. We undertake no obligation to update or revise any forward looking statement.

Media Contact:
Mary Benetti-Condon
Mary.benetticondon@belf.com