Franklin Electronic Publishers Inc (356841) SEC Filing 10-K Annual report for the fiscal year ending Saturday, March 31, 2007

Exhibit 99.1

One Franklin Plaza

Burlington, NJ 08016-4907

(609) 386-2500

FRANKLIN REPORTS PROFIT FOR THREE MONTH PERIOD ENDED DECEMBER 31^ST

BURLINGTON, New Jersey – February 13, 2007

For the nine months ended December 31, 2006, there was a net loss of $1,544,000, or $.19 per share compared with net income of $3,017,000 or $.34 per share after preferred stock dividends, in the prior year.

Barry Lipsky, President and CEO said that, “We just returned from our best Consumer Electronics Show in recent years. Our new 12 Language Speaking Translator (TGA-490) was very well received and will commence shipments later this month. We also recently began shipping the first of four new higher priced, speaking bilingual dictionaries in Germany and the first of seven new products with new and improved content, into the United Kingdom. I expect that within the next 90 days the balance of these new products will also begin shipping.” Mr. Lipsky went on to say that “Sales of these new products and our continuing expense reduction program should lead to increased sales and a return to profitability in our next fiscal year.”

About Franklin

Franklin Electronic Publishers Incorporated (AMEX:FEP) is a world leader in electronic handheld information, having sold more than 37,000,000 electronic books since 1986. Current titles available directly or through partners number more than 26,000 in sixteen languages under license from world class publishers, such as Merriam-Webster and HarperCollins, focused in five genres: Learning, Language Learning, Travel, Spiritual, and Leisure. The Company also licenses its underlying technology to an array of partners including Adobe, Sun Microsystems and Ademco (a division of Honeywell). Franklin distributes ROLODEX^® Electronics branded organizers worldwide and SEIKO branded reference products in North and South America, Australia and the European Community. Franklin’s products are available at 43,000 retail outlets worldwide, through catalogs, and online at http://www.franklin.com.