FOR IMMEDIATE RELEASE
Micronetics Receives Production Order for Test Equipment
Charles Freihofer, Director of Sales for Micronetics' Test Solutions Group, stated "This order is the result of two years of collaboration with our customer to develop this highly specialized instrument. Micronetics previously demonstrated its ability to design and manufacture this equipment with the delivery of pre-production instruments. The program is moving into production and this is the first production order for instruments to be delivered in 2002. Our collaboration with strategic customers to develop new products is a key to several of our recent contract wins."
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 AeroSat, Agere, Alcatel, BAE Systems, Boeing, Cisco, EADS, Ericsson, L-3 Communications, Lockheed Martin, Lucent Technologies, Motorola, NEC, Nokia, Northrop Grumman, Raytheon, TRW, 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.
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