EXHIBIT 99.1

                      RONSON CORPORATION ANNOUNCES PLANS TO
                     DIVEST AVIATION DIVISION, EXECUTION OF
                  LENDER FORBEARANCE AGREEMENT AND APPOINTMENT
                         OF CHIEF RESTRUCTURING OFFICER



Somerset,  N.J., March 30, 2009 -- Ronson Corporation (the "Company")  announced
that it has initiated plans to divest Ronson  Aviation,  Inc., its  wholly-owned
subsidiary engaged as a fixed-base  operator at Trenton-Mercer  Airport.  Ronson
Aviation  provides  aircraft  fueling and servicing,  avionics  sales,  aircraft
repairs and maintenance, hangar and office leasing and related services.

The  Company is in the  process of  procuring  prospective  purchasers  so as to
maximize the value of its aviation  division,  permit it to satisfy  outstanding
indebtedness,  including to its  principal  lender,  Wells Fargo Bank,  National
Association,  and provide  working  capital to support and focus on its consumer
products business.  The Company's objective is to consummate a transaction prior
to the end of the second quarter,  subject to identifying and reaching agreement
with a prospective  purchaser,  obtaining shareholder approval and meeting other
conditions that may be contained in definitive documentation once negotiated.

Pending consummation of a transaction,  the Company will continue to effect cost
reductions and seek sources of financing,  without which the Company will not be
able to fund current  operations beyond a forbearance period allowed pursuant to
arrangements  entered  into by the  Company  with  Wells  Fargo.  The  Company's
agreement  with Wells Fargo  establishes a moratorium  through April 24, or such
earlier  date  permitted  under the  agreement,  during  which the bank will not
assert rights relating to existing events of default. During the moratorium, the
bank will continue to provide  credit  advances  under the  Company's  revolving
credit  line,  the maximum  amount of which will be  adjusted to $2 million,  in
addition to a $500,000 overadvance facility. During the moratorium,  the Company
will  continue  to be  obligated  for  interest  at the  default  rate under the
facility,  except for interest on  overadvances  that accrue at the bank's prime
rate plus 8% per annum, in addition to forbearance fees of $450,000 payable upon
termination of the moratorium.

The Company does not have a commitment from Wells Fargo to extend the moratorium
beyond its current  duration.  The Company has previously  reported that, in the
event of  acceleration  of its  indebtedness  to Wells Fargo and its outstanding
mortgage  loans,  as a result of existing  defaults,  the Company would not have
sufficient  cash  resources to pay such amounts.  There can be no assurance that
the Company will be able to obtain an extension of its  arrangements  with Wells
Fargo,  arrange additional  financing or complete its divestiture plans,  within
its anticipated timeframe or on terms acceptable to it.

The Company also announced that it has retained Joel Getzler, of Getzler Henrich
&  Associates  LLC, as Chief  Restructuring  Officer,  with  responsibility  for
operations,  finance,  accounting and related  administrative issues, subject to
the authority and reporting to the Company's Board of Directors. Getzler Henrich
is a corporate  turnaround  and  restructuring  firm  which,  in addition to its
operational restructuring focus, is experienced in restructuring,  lender/credit




relationship   management  and   financing.   Mr.  Getzler  will  act  as  Chief
Restructuring Officer for the period during which Well's Fargo continues to make
revolving  advances to the Company in an amount sufficient to fund the Company's
cash flow  needs,  or until  such  earlier  date  allowed  under  the  Company's
agreement  with Getzler  Henrich.  The Company  will be  obligated  for fees and
expenses,  including  a  signing  bonus  of  $200,000,  to  Getzler  Henrich  in
connection with services provided by Mr. Getzler and his associates,  which will
be subject to payment in weekly amounts prescribed by the agreement with accrued
amounts due upon specified events.

Ronson Corporation's operations include its wholly-owned subsidiaries: 1) Ronson
Consumer Products Corporation in Woodbridge,  New Jersey, and Ronson Corporation
of Canada  Ltd.,  and 2) Ronson  Aviation,  Inc.,  a fixed  based  operation  at
Trenton-Mercer Airport, Trenton, New Jersey.

This press release  contains  forward-looking  statements  based on management's
plans  and  expectations  that  are  subject  to  uncertainty.   Forward-looking
statements are based on current expectation of future events. The Company cannot
ensure that any  forward-looking  statements  will be  accurate.  If  underlying
assumptions prove inaccurate or known risks or uncertainties materialize, actual
events could vary materially from those anticipated. Investors should understand
that it is not  possible to predict or identify  all such factors and should not
consider  this  to  be  a  complete   statement  of  all  potential   risks  and
uncertainties.  The Company assumes no obligation to update any  forward-looking
statements as a result of future events or developments.

COMPANY CONTACT:
DARYL K. HOLCOMB
(732) 469-8300