EXHIBIT 99.1

(EMERSON RADIO CORPORATION LOGO)
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                               NEWS & INFORMATION

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FOR:        EMERSON RADIO CORP.
            9 Entin Road
            Parsippany, NJ 07054-0430

CONTACT:    EMERSON RADIO CORP.           OR:       INVESTOR RELATIONS:
            Kenneth A. Corby                        Laura Boorn
            Executive Vice President,               Investor Relations Manager
            Chief Financial Officer                 (972) 884-2302
            (972) 884-2302


Tuesday, September 2, 2003

FOR IMMEDIATE RELEASE

         EMERSON RADIO CORP.'S BOARD AUTHORIZES SHARE REPURCHASE PROGRAM

PARSIPPANY, NJ, September 2, 2003 - Emerson Radio Corp. (AMEX:MSN) announced
today that its Board of Directors has authorized the repurchase of up to
2,000,000 shares or approximately 7% of the Company's outstanding common stock.
The repurchases will be made from time to time in open market transactions in
such amounts as determined in the discretion of the Company's management and
will be funded out of the Company's working capital.

Kenneth A Corby, Emerson's Chief Financial Officer and Executive Vice President
stated, "Our Board of Directors believes that the recent trading price of our
common stock does not adequately reflect the Company's intrinsic value and,
accordingly, offers an excellent opportunity to increase stockholder value
through reduced share dilution stemming from this buyback. Furthermore, it is
the Company's opinion that Emerson shares are undervalued particularly in light
of our growth prospects and sound business model. Last fiscal year, we
repurchased approximately 4.3 million shares representing 16% of our then
outstanding common stock. This stock repurchase program reflects our continued
commitment to improving shareholder value."

This press release other than the historical information, consists of
"forward-looking statements" (as defined in the Private Securities Litigation
Reform Act of 1995) which are identified by the use of words such as "believes",
"expects", "projects", and similar expressions, including the Company's growth
prospects. While these statements reflect the Company's current beliefs and are
based on assumptions that the Company believes are reasonable, they are subject
to uncertainties and risks that could cause actual results to differ materially
from anticipated results. These risks and uncertainties are detailed from time
to time in the Company's filings with the Securities and Exchange Commission,
including the Company's reports on Form 10-K, 10-Q and 8-K.




EMERSON RADIO CORP., FOUNDED IN 1948, IS HEADQUARTERED IN PARSIPPANY, N.J. THE
COMPANY DESIGNS, MARKETS AND LICENSES, THROUGHOUT THE WORLD, FULL LINES OF
TELEVISIONS, AND OTHER VIDEO PRODUCTS, MICROWAVE OVENS, CLOCKS, RADIOS, AUDIO
AND HOME THEATER PRODUCTS. ITS 53.2% OWNED SUBSIDIARY, SPORT SUPPLY GROUP, INC.
(OTC:SSPY) IS A DIRECT MARKETER OF SPORTS-RELATED EQUIPMENT AND LEISURE PRODUCTS
TO THE INSTITUTIONAL MARKET, INCLUDING SCHOOLS, COLLEGES, UNIVERSITIES,
GOVERNMENT AGENCIES, MILITARY FACILITIES, ATHLETIC CLUBS, ATHLETIC TEAMS AND
DEALERS, YOUTH SPORTS LEAGUES AND RECREATIONAL ORGANIZATIONS. EMERSON'S WEB SITE
IS www.emersonradio.com.