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FOR IMMEDIATE RELEASE
Micronetics Receives orders for WiMAX Power Amplifiers valued over $1.7M
David Robbins, President of Micronetics, stated, "We are pleased to support the continued rollout of emerging WiMAX systems. In addition to the present design, Stealth Microwave has already shipped a lower cost, higher efficiency unit that can meet the stringent requirements of next generation WiMAX systems."
"Developing products that meet emerging IEEE standards, such as 802.16, reflects our strategy to provide high performance enabling technology for Broadband Wireless Access".
Micronetics' Power Amplifier Group, Stealth Microwave, will be displaying its product line at booth #123 at the SATCON Conference and Expo in New York from October 26-27, 2005. SATCON is a major satellite communications industry event where corporate, military, government, broadcasters, telecommunication companies and contractors converge.
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, ITT, L-3 Communications, Lockheed Martin, Northrop Grumman, Qualcomm, Raytheon, Teradyne, Tektronix, Thales and UTStarcom. Micronetics also operates through its wholly owned subsidiaries, Enon Microwave, Inc.; Microwave & Video Systems, Inc.; Microwave Concepts, Inc. and Stealth Microwave, Inc. 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 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, 2005.
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