FOR IMMEDIATE RELEASE
Micronetics Engages Cracom To Co-develop Integrated Assemblies
Cracom Engineering, in operation since 1984, is a Department of Defense Certified Subcontractor for providing scientific/contractor engineering and technical assistance. It specializes in analysis, simulation, design, integration, test and evaluation of systems employing RF, microwave, optical, analog and digital technologies.
Ralph Marrone, Vice President, stated "Working with Cracom Engineering to develop more integrated assembly opportunities is in support of our strategy to integrate our noise figure test into more automated test equipment (ATE), which is increasingly necessary for testing broadband communication chipsets and equipment."
Dave Robbins, Senior Vice President, stated "Cracom Engineering has been involved in activities that resulted in Micronetics receiving substantial orders for integrated subassemblies that were used to automate noise figure testing in ATE. Establishing a stronger relationship with Cracom Engineering is consistent with our strategy to joint venture with outside resources to increase our capability to develop leading edge design solutions for our customers, especially related to our special expertise in noise testing and "building block" integrated subassemblies. To date, in addition to Cracom Engineering, we have been successful doing this with Hollis Engineering and Dr. Amin of Villanova University."
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, Alcatel, BEA Systems, Cisco, Comdev, Datron, EADS, Ericsson, Honeywell, Hughes, L-3 Communications, Lockheed Martin, Lucent Technologies, Motorola, NEC, Nokia, Northrop Grumman, Raytheon, 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, 2000.
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