FOR IMMEDIATE RELEASE
MICRONETICS RECEIVES A FOLLOW-ON ORDER FOR WiMAX POWER AMPLIFIERS VALUED AT APPROXIMATELY $1 MILLION
David Robbins, President & CEO of Micronetics, stated, "We continue to build customer confidence as exhibited by this follow-on order, based on the reliability of our power amplifier technology and design flexibility to keep up with the changing standards. We view this order as the beginning of future build-outs of WiMAX equipment and next generation sub-systems, and remain enthusiastic about the future of this evolving market."
Micronetics 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, Airspan, BAE Systems, Boeing, EADS, General Dynamics, Harris, IPWireless, ITT, L-3 Communications, Lockheed Martin, Northrop Grumman, Qualcomm, Raytheon, Teradyne, Tektronix, Thales and UTStarcom. Additional information can be found on our website at www.micronetics.com.
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 reductions in spending by certain of our customers, our ability to operate and integrate acquired companies, our ability to manage our growth, disruptions in supply or production, increased levels of debt, our ability to protect our proprietary information, future economic conditions in our industry and 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, 2006.
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