FOR IMMEDIATE RELEASE
May 8, 2001

Micronetics President Richard Kalin Talks To The Wall Street Transcript
NEW YORK -- (BusinessWire) -- May 8, 2001 -- Richard S. Kalin, President & CEO of Micronetics Wireless, Inc. (Nasdaq-NOIZ) was interviewed by The Wall Street Transcript in which he spoke at length about the company's future. The entire 3,000 word interview is available free online at http://www.twst.com/ceos.htm

Kalin gives an overview of Micronetics and outlines its strategy over the next few years.

This interview is part of a Specialty Satellite Issue available at http://www.twst.com/info/info190.htm or by calling The Wall Street Transcript at (212) 952-7433. The Wall Street Transcript is a weekly investment publication for long-term investors.

Headquartered in Hudson, NH, Micronetics manufactures and designs innovative test equipment and test components that are used to 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 commercial wireless and military products. Micronetics' products, some of which are patented, are used in or test communication and internet infrastructure equipment (including wireless base stations, repeaters, and cable modem equipment), fixed terminal point-to-point/multi-point data radios, consumer subscriber products (cellular/PCS/satellite handsets), 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, Airspan, Alcatel, BEA Systems, Cisco, Comdev, Daimler Benz Aerospace, Datron, Ericsson, Honeywell, Hughes, L-3 Communications, Lockheed Martin, Lucent Technologies, Motorola, NEC, Nokia, Northrop Grumman, Raytheon and Teradyne.

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, 2000.

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

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