FOR IMMEDIATE RELEASE
July 12, 2004

Micronetics Receives Production Orders To Support Next Generation System-on-a-Chip Platform
Hudson, NH - July 12, 2004. Micronetics, Inc. (Nasdaq/NOIZ) announced today that it has received production orders to provide integrated noise source assemblies for Teradyne's next-generation mixed signal System-on-a-Chip (SoC) platform. The new platform called, the FLEX test system, represents a continuation in the work Micronetics has done for Teradyne's Catalyst SoC test system for the last five years.

In making the announcement, David Robbins, President and CEO, stated: "This production order represents our ability to adapt our proven integrated noise source assemblies to suit next-generation product requirements. We are pleased to be part of Teradyne's FLEX test system design because they are at the forefront of the growing automated SoC test equipment marketplace."

Micronetics, operating through its Defense Electronics and Commercial 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, Southwest Research, Teradyne, Tektronix and Thales. Micronetics 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, 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, access to financial resources, 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, 2004.

Contact
David Robbins, President
Micronetics, Inc.
(603) 883-2900 x 317

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