FOR IMMEDIATE RELEASE
Micronetics Awarded Re-order of Integrated Subassemblies
Dave Robbins, Senior Vice President, stated, "I am especially pleased to be awarded a reorder of this up/down converter assembly. It was one of our first integrated subassemblies. It established the basis of our strategy of developing a "building block" approach. This approach led to our customer selling additional systems to a new customer of theirs. The time needed for development and delivery of these integrated subassemblies for this new requirement will be substantially reduced because of our ability to modify our "building block" design."
Micronetics is displaying its products at the IEEE/MTT-S International Microwave Symposium in Phoenix, AZ from May 22 through 24, 2001.
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, Datron, EADS, 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.
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