FOR IMMEDIATE RELEASE
January 7, 2002

MICRONETICS TO ACQUIRE ENON MICROWAVE, INC.
Hudson, NH -- (BUSINESS WIRE) -- January 7, 2002 --Micronetics Wireless, Inc. (NASDAQ/NOIZ) announced that it entered into an agreement with the principal shareholders of Enon Microwave, Inc. of Topsfield, MA, providing for them to vote in favor of a merger of Enon with Micronetics. The proposed transaction is subject to certain contingencies and is expected to be completed before the end of Micronetics' fiscal year on March 31, 2002.

Enon had revenues of approximately $2.8 Million for 2001, with positive operating results. Enon manufactures RF/Microwave high power solid state switches, limiters, phase shifters and attenuators that are used in commercial, aerospace and defense market applications. These products complement those of Micronetics RF/Microwave Components and Subassemblies Division.

In making the announcement, Richard Kalin, President of Micronetics, stated "The proposed merger with Enon is in support of Micronetics' strategy to expand its RF/Microwave Components and Subassemblies Division. Applying the formula we successfully used in previous acquisitions, this will quickly add capability to better enable us to partner with our customers by delivering more complete solutions in the form of platform-based microwave integrated subassemblies. The addition of Enon's high power expertise will provide an important contribution to this strategy. In addition, we expect the acquisition of Enon to be accretive from inception."

The transaction is subject to customary closing conditions, including entry into a definitive merger agreement and the approval of Enon's stockholders.

Headquartered in Hudson, NH, Micronetics designs and manufactures test equipment and components that test the strength, durability and integrity of communication signals in communications and internet infrastructure equipment. Micronetics also manufactures microwave and radio frequency (RF) components and integrated subassemblies used in a variety of wireless, aerospace and defense applications. Micronetics' products are used in or test communication and internet infrastructure equipment, fixed terminal, point-to-point/multi-point data radios, home networking equipment and military/aerospace platforms (satellite communications, electronic warfare and electronic counter-measures). Micronetics serves a diverse customer base, including some of the world's leading technology companies, such as Adtran, Alcatel, BAE Systems, Cisco, ComDev, EADS, Ericsson, Hughes, L-3 Communications, Lockheed Martin, Lucent Technologies, Motorola, NEC, Nokia, Northrop Grumman, Raytheon, Tektronix, Teradyne and Thales.

Some of the statements contained in this news release are forward-looking statements. The accuracy of these statements cannot be guaranteed as they are subject to a variety of risks, including but not limited to the success of the products into which the Company's products are integrated, governmental action relating to wireless communications licensing and regulation, internal projections as to the demand for certain types of technological innovation, competitive products and pricing, the success of new product development efforts, the timely release for production and the delivery of products under existing contracts, future economic conditions generally, as well as other factors. The information in this release should be reviewed in conjunction with Micronetics' Annual Report for its fiscal year ended March 31, 2001.

Contact
Micronetics
Richard S. Kalin, President
212-239-8900 x22