FOR IMMEDIATE RELEASE
March 22, 2004

Micronetics Receives Order for Integrated Microwave Assemblies for F-16 Communications Program
Hudson, NH - March 22, 2004 -- Micronetics, Inc. (NASDAQ/NOIZ) announced today that its Receiver Components Group has received an initial development order to provide integrated microwave assemblies for an upgraded IFF (Identification Friend or Foe) navigation and communication system on the F-16 Military Aircraft.

Micronetics CEO David Robbins stated, "This initial development award is the result of our commitment to designing and manufacturing quality microwave components. In the last year, Micronetics has proven that its integrated microwave assemblies and subsystems are fully qualified to meet the stringent operational requirements in military environments. This order is in line with our corporate strategy to continue to more fully focus on microwave subassembly manufacturing and subsystem integration."

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