FOR IMMEDIATE RELEASE
January 20, 2004

Micronetics Receives $1.3 Million Re-order on Microwave Components Designed for Military Protection System
Hudson, NH -- January 20, 2004 -- Micronetics, Inc. (NASDAQ/NOIZ) announced today that it has received a $1.3 Million re-order to provide integrated microwave assemblies for a U.S. Army Electronic Protection System.

According to Micronetics CEO David Robbins, "This order, made through our Microwave Concepts subsidiary in New Jersey, is in addition to a significant order received for the same program in June, 2003. We believe that as more and more defense contractors begin to outsource complex integrated microwave assemblies like these, Micronetics will be ready to meet their needs with increased design and manufacturing capabilities."

Micronetics, operating through its Defense Electronics, Test Solutions and VCO Products Groups, manufactures microwave and radio frequency (RF) components and integrated subassemblies used in a variety of defense, aerospace and commercial applications. Micronetics also manufactures and designs test equipment and components that test the strength, durability and integrity of communication signals in communications equipment. Micronetics serves a diverse customer base, including Aerosat, BAE Systems, Boeing, EADS, Honeywell, ITT, L-3 Communications, Lockheed Martin, NEC, Northrop Grumman, Raytheon, Teradyne, Tektronix and Thales. Micronetics, with facilities in CT, MA, NH and NJ, also operates through its wholly-owned subsidiaries, Enon Microwave, Inc., Microwave & Video Systems, Inc. and Microwave Concepts, Inc.

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, 2003.

Contact
David Robbins, President
Micronetics, Inc.
(603) 883-2900 x 317