FOR IMMEDIATE RELEASE
July 17, 2000

Micronetics Hires Chief Financial Officer
Hudson, NH -- (Business Wire) -- July 17, 2000 -- Micronetics Wireless, Inc. (Nasdaq/NOIZ) announced today that Doug A. Cook has been appointed Chief Financial Officer. Mr. Cook brings 28 years of financial experience to Micronetics. He spent six years with Raytheon Company, four years with Polaroid Corporation, 12 years with Nuclear Metals Inc., three years with GammaTel, Inc. and, most recently, three years with National Mental Healthcare, Inc. He was graduated with a M.B.A. from Babson College in 1977 and a B.S. from Cornell University in 1972.

Richard Kalin, President of Micronetics, stated ADoug=s background is perfect to assist Micronetics to reach the next level, as Micronetics continues to expand its business, based on both internal and external activities. His experience at integration of multiple operations and understanding proper costing and planning procedures, will be a key driver to Micronetics= continued profitable growth. Over the last 12 months, as senior management reviewed opportunities facing Micronetics, we realized the need to take proactive steps to upgrade our management team to enable us to achieve our objectives. This is another important step in that direction.

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, Cisco, Comsat, Daimler Benz Aerospace, Datron, Ericsson, Hughes, L-3 Communications, Lockheed Martin, Lucent Technologies, Metricom, Motorola, NEC, Newbridge Networks, 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.

Contact
Micronetics
Richard S. Kalin, President
212-239-8900 x22