P R E S S   R E L E A S E

RCM TECHNOLOGIES, INC. ANNOUNCES 91% GROWTH

IN NET INCOME FOR FIRST QUARTER 2018

Pennsauken, NJ – May 9, 2018 -- RCM Technologies, Inc. (NasdaqGM: RCMT), a premier provider of business and technology solutions designed to enhance and maximize the operational performance of its customers through the adaptation and deployment of advanced engineering, specialty health care and information technology services, today announced financial results for the thirteen week period ended March 31, 2018.

RCM Technologies reported revenues of $50.8 million for the thirteen week period ended March 31, 2018, a 9.6% increase as compared to $46.3 million for the thirteen week period ended April 1, 2017 (the comparable prior year period). Gross profit was $12.6 million for the thirteen week period ended March 31, 2018, a 6.8% increase as compared to $11.8 million for the comparable prior year period.  The Company experienced operating income of $1.7 million in the current quarter, a 65.7% increase as compared to $1.0 million for the comparable prior year period. Net income was $1.0 million, or $0.09 per diluted share, in the current quarter, a 91.1% increase as compared to net income of $0.6 million, or $0.05 per diluted share, for the comparable prior year period.

Rocco Campanelli, President and Chief Executive Officer of RCM Technologies, commented, "We are very pleased with our results in the first quarter of 2018 as revenue, gross profit and operating income grew by approximately 10%, 7% and 66%, respectively, as compared to first quarter 2017. Our Specialty Health Care segment again set a new record for quarterly revenues, growing by 22% over first quarter 2017, primarily from growth in our school contracts. Our first quarter Engineering segment revenues grew by 11% as compared to first quarter 2017. We are very excited about or progress integrating our Serbian engineering office. We upgraded the management and sales team for our Information Technology segment and expect positive results in the near term. We continue to believe that fiscal 2018 will be a strong year for RCM."

Kevin Miller, Chief Financial Officer of RCM Technologies, added, "Our first quarter growth in gross profit and operating income really illustrates the potential operating leverage at RCM. We expect to improve these results in the second quarter and beyond. However, we did experience several discrete but fixable issues in collecting our accounts receivables. We expect our ratio of accounts receivables to quarterly revenues in the second quarter to rebound to levels we experienced in fiscal 2017 and to continue to improve throughout fiscal 2018."

On Thursday, May 10, 2018, RCM Technologies will host a conference call to discuss these results. The call will begin at 10:00 a.m. Eastern Time.  The dial-in number is (800) 285-6670.

RCM Technologies, Inc. is a premier provider of business and technology solutions designed to enhance and maximize the operational performance of its customers through the adaptation and deployment of advanced information technology and engineering services.  RCM is an innovative leader in the delivery of these solutions to commercial and government sectors.  RCM is also a provider of specialty healthcare services to major health care institutions and educational facilities. RCM's offices are located in major metropolitan centers throughout North America.  Additional information can be found at www.rcmt.com.

The Statements contained in this release that are not purely historical are forward-looking statements within the Private Securities Litigation Reform Act of 1995 and are subject to various risks, uncertainties and other factors that could cause the Company's actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements.  These statements often include words such as "may," "will," "expect," "anticipate," "continue," "estimate," "project," "intend," "believe," "plan," "seek," "could," "can," "should," "are confident" or similar expressions.  In addition, statements that are not historical should also be considered forward-looking statements. These statements are based on assumptions that we have made in light of our experience in the industry, as well as our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate in these circumstances.  Forward-looking statements include, but are not limited to, those relating to demand for the Company's services, expectations regarding our future revenues and other financial results, our pipeline and potential project wins and our expectations for growth in our business. Such statements are based on current expectations that involve a number of known and unknown risks, uncertainties and other factors, which may cause actual events to be materially different from those expressed or implied by such forward-looking statements.  Risk, uncertainties and other factors may emerge from time to time that could cause the Company's actual results to differ from those indicated by the forward-looking statements. Investors are directed to consider such risks, uncertainties and other factors described in documents filed by the Company with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. The Company assumes no obligation (and expressly disclaims any such obligation) to update any forward-looking statements contained in this release as a result of new information or future events or developments, except as may be required by law.

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