FOR IMMEDIATE RELEASE
September 27, 2000

Micronetics/Equipment Receives Order for Point-to-Point Radio Testing Equipment
Chicago, IL -- (BUSINESSWIRE) -- September 27, 2000 -- Micronetics Wireless, Inc. (NASDAQ/NOIZ) announced today at the PCIA Global X-Change in Chicago's McCormick Place, that it received the first phase of a contract to produce network infrastructure test equipment for a major manufacturer of microwave radio systems. The balance of this program is expected to be released over the next year and a half. Micronetics will supply Carrier-to-Noise test instruments to this manufacturer of one of the world's most widely deployed microwave radio systems.

Ralph Marrone, Vice President of Micronetics/Equipment, stated Micronetics' CNG 70/140 Noise Generator will be used to test for BER (bit error rate) performance over digital point-to-point microwave links. The selection of this instrument for this application is a further endorsement of this product's performance and features. With the growth in network infrastructure equipment requirements, we are receiving significantly increased inquiries for this type of equipment. These inquiries are also generating opportunities to partner with certain of these customers to develop new equipment to conduct these and similar tests."

Micronetics is demonstrating its CNG Noise Generator Platform of products at its Booth No. 4555 at the PCIA Global X-Change.

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, Nortel, 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