FOR IMMEDIATE RELEASE
Micronetics Introduces Two New Lines of Microwave Products
Micronetics also announced introduction of a new line of high power SP3T and SP4T switches operating at 20MHz to 3GHz that have been rated at 1200 watts CW and are available in six frequency bands. These switches are designed for, among other applications, use in electronic countermeasures or similar defense electronics applications where transmit/receive or antenna selection functions are required. The switches are based on PIN diode technology and offer the reliability of solid state switching.
Don Kilduff, Vice President and General Manager of Micronetics wholly-owned subsidiary, Enon Microwave, Inc., stated "This new line represents products we have developed for the high power microwave switch marketplace. It is a natural continuation of product leadership Enon Microwave has maintained in this market. Our over 15 years experience manufacturing high power microwave switches makes us one of the leaders in this market segment."
David Robbins, Senior Vice President of Micronetics Components and Subassemblies Group, stated, "The establishment of this line of Microwave Integrated Assemblies is the next step in our effort to expand the capabilities of Micronetics. Our strategy to develop in-house capabilities and to add capabilities where necessary through the acquisition of Enon Microwave, Inc., Microwave & Video Systems, Inc. and Vectronics Microwave Corp. over the last few years, was designed to enable Micronetics to deliver more complete solutions to our customers. This line of Microwave Integrated Subassemblies is based on our broadband designs; it enables us to slightly modify these subassemblies to meet the specific bandwidth requirements of a customer. The high power capabilities added by our recent acquisition of Enon Microwave, Inc., creates another avenue for us to market integrated subassemblies."
For more information, interested parties can visit Micronetics at the MTT-s Show, at Booth 1346, in Seattle, Washington, June 4-6, 2002.
Headquartered in Hudson, NH, Micronetics manufactures and designs innovative test equipment and components that test the strength, durability and integrity of communication signals in communications equipment. Micronetics also manufactures microwave and radio frequency (RF) components and integrated subassemblies used in a variety of commercial wireless and military products. Micronetics serves a diverse customer base, including Aerosat, Alcatel, BAE Systems, Boeing, EADS, Ericsson, Herley Microwave, Honeywell, L-3 Communications, Lockheed Martin, Lucent Technologies, Motorola, NEC, Nokia, Northrop Grumman, Raytheon, Teradyne, Tektronix and Thales. Micronetics also operates through its wholly-owned subsidiaries, Microwave & Video Systems, Inc., Enon Microwave, Inc. and Vectronics Microwave Corp.
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, internal projections as to the demand for certain types of equipment, 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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