Exhibit 7.01

JOINT FILING AGREEMENT

Joint Filing Agreement, dated as of January 15, 2010, among Saunders Acquisition Corporation, Barry J. Lipsky, Toshihide Hokari and Frank A. Musto (each a “Party”, and collectively, the “Parties”).

Each Party represents to the other Party that it is eligible to use Schedule 13D to report its beneficial interest in shares of common stock, $0.01 par value, of Franklin Electronic Publishers, Incorporated beneficially owned and reported in the Schedule 13D to which this agreement is an exhibit (as the same may be amended from time to time and including all such amendments, “Schedule 13D”) by each of the Parties, and each of the Parties will file the Schedule 13D on behalf of itself.

Each of the Parties agrees to be responsible for the timely filing of the Schedule 13D and any and all amendments thereto and for the completeness and accuracy of the information concerning itself contained in the Schedule 13D, and the other Parties to the extent it knows or has reason to believe that any information about the other Parties is inaccurate.


SAUNDERS ACQUISITION CORPORATION

By:		/s/ Barry J. Lipsky
Name:		Barry J. Lipsky
Title:		President



		/s/ Barry J. Lipsky
		Barry J. Lipsky



		/s/ Toshihide Hokari
		Toshihide Hokari



		/s/ Frank A. Musto
		Frank A. Musto

FRANKLIN ELECTRONIC PUBLISHERS INC SC 13D/A