ENWV Endwave Corp. (MM)

SUNNYVALE, Calif., Feb. 15 /PRNewswire-FirstCall/ -- Endwave Corporation (NASDAQ:ENWV), a leading provider of high frequency RF modules for telecommunications networks, defense electronics and homeland security systems, today announced the resignation of Julianne M. Biagini as Executive Vice President and Chief Financial Officer, effective April 25, 2006. Ms. Biagini will remain as CFO until her successor has transitioned into the role, and then at that time will take a personal leave of absence. Endwave has begun the process of identifying a potential CFO candidate. It is expected that Ms. Biagini's replacement will be on board in March and will work closely with Ms. Biagini for a smooth transition. "It was a difficult decision to leave the CFO position at this stage of Endwave's revenue growth, its successful penetration into emerging markets, and its improving financial performance," said Biagini. "While my decision is based on family priorities, it is my intent to ensure a smooth and seamless transition when my replacement is announced." "Julie's contributions to Endwave over the last 12 years, both at the financial and strategic planning level, have been considerable," said Ed Keible, Chief Executive Officer and President of Endwave. "She has built the strong financial discipline that has us on the path to profitability and developed a finance team that will support our growth into the future." "At this time, I'd also like to announce the promotion of Curt Sacks from Controller to Vice President, Finance. Curt's performance over the past two years, his understanding of financial regulations, along with his extensive knowledge of the financial processes at Endwave have earned him our confidence and this promotion," said Keible. About Endwave Endwave Corporation designs, manufactures, and markets RF modules that enable the transmission, reception and processing of high-frequency signals in telecommunications networks, defense electronics and homeland security systems. These RF modules include high-frequency integrated transceivers, amplifiers, synthesizers, oscillators, up and down converters, frequency multipliers and microwave switch arrays. Endwave has 38 issued patents covering its core technologies including semiconductor and proprietary circuit designs. Endwave Corporation is headquartered in Sunnyvale, CA, with operations in Diamond Springs, CA; Andover, MA; and Chiang Mai, Thailand. Additional information about the company can be accessed from the company's web site at http://www.endwave.com/. First Call Analyst: FCMN Contact: DATASOURCE: Endwave Corporation CONTACT: Mary McGowan of Summit IR Group Inc., +1-408-522-3100, ext. 7702, or , for Endwave Corporation Web site: http://www.endwave.com/

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