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FOR IMMEDIATE RELEASE
Micronetics Receives Microwave Sub-Assembly Order
Floyd Parin, President of MVS, stated "I am extremely happy that we won this order. It was technically very challenging and enabled us to take advantage of the benefits of being part of the Micronetics' organization, with its broad base of technology. It allowed us to offer a more comprehensive solution to our customer. Contract enhancements and options could add significantly to this order over the next three years."
Based in Hudson, NH, Micronetics Wireless manufactures broadband test equipment and components used in the design, testing and manufacturing of cellular, PCS, wireless local loop and satellite equipment through its Micronetics/Equipment Group, and manufactures microwave components and subassemblies primarily used in radar, test equipment, electronic counter-intelligence, wireless communications and electronic simulation applications through its Micronetics/Components Group.
Statements in this press release contain forward-looking material. Actual results may vary due to a number of risks and uncertainties and should be viewed in conjunction with Micronetics Annual Report for its fiscal year ended March 31, 1999.
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