Exhibit 99.1

 RONSON CORPORATION ANNOUNCES FURTHER EXTENSION OF LENDER FORBEARANCE AGREEMENT
               AND SUIT IN CONNECTION WITH CONSUMER PRODUCTS SALE

Woodbridge,  N.J.,  August 6, 2009 - Ronson  Corporation  (the "Company")  (OTC:
RONC.PK)  announced today that the Company's  primary lender,  Wells Fargo Bank,
National Association,  has further extended its moratorium during which the bank
will not assert rights relating to existing  events of default through  November
30, 2009, or such earlier date permitted under the Company's  agreement with the
bank.  Among other  reasons,  the bank may terminate the  moratorium if prior to
September 30, 2009 the Company is not party to definitive asset sale agreements,
without  financing  contingencies,  covering its consumer  products and aviation
divisions, respectively.

The amendment to the forbearance agreement also increases the amount of advances
which Wells Fargo will extend under the Company's  maximum revolving credit line
from  $2,500,000 to $3,000,000  and increases the maximum  overadvance  facility
from $750,000 to  $1,000,000.  The  forbearance  fee of $450,000,  which will be
charged  as an  advance  at the end of the  moratorium,  has been  increased  to
$500,000.

The Company also  announced  today that it has been served with a lawsuit in the
United States  District Court for the Western  District of Pennsylvania by Zippo
Manufacturing  Company  ("Zippo")  regarding  the Company's  recently  announced
execution of a  non-binding  letter of intent to sell  substantially  all of the
assets of its consumer products division. Zippo claims that the Company breached
alleged  obligations  to  Zippo  by  accepting  the bid of  another  prospective
purchaser  in lieu of  Zippo's  bid,  and  seeks  to  enjoin  the  Company  from
negotiating  the sale with any  party  other  than  Zippo.  Following  filing of
Zippo's  suit,  the  prospective  purchaser  with whom the  Company  has been in
discussions has withdrawn its proposal. The Company believes that Zippo's claims
are without merit and is engaged in discussions  with Zippo regarding  dismissal
of the suit without  prejudice  and regarding  Zippo's  interest in pursuing its
proposal to acquire the consumer products division.

Ronson Corporation's operations include its wholly-owned subsidiaries: 1) Ronson
Consumer Products  Corporation in Woodbridge,  New Jersey, 2) Ronson Corporation
of Canada Ltd., and 3) Ronson Aviation, Inc.

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 unknown 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) 438-0320