ENWV Endwave Corp. (MM)

Endwave Corporation (Nasdaq:ENWV), a leading provider of high-frequency RF modules for telecommunications networks, defense electronics and homeland security systems, today announced the receipt of the �Progressive Manufacturing Award� from Managing Automation magazine. The Managing Automation awards program recognizes manufacturers that are being progressive in their businesses, in the management of their operations and in their use of advanced technologies. This award will be presented to Endwave at the Progressive Manufacturing Conference in Las Vegas on June 12, 2008. Earlier this year, Endwave implemented a wireless RFID-based lot tracking system from Omnitrol Networks on their factory floor in Diamond Springs, CA. This system enhances core manufacturing processes through continuous shop floor visibility of all work-in-process (WIP) components. Endwave�s Defense and Security business unit is a supplier to both the defense electronics and homeland security industries. Because these components of mission critical systems are essential to safety and success, they are carefully tracked throughout the assembly process. Furthermore, key defense primes and the Department of Defense are starting to request real-time visibility on order status to improve their own lean manufacturing initiatives. This new RFID system significantly increases Endwave�s ability to meet these needs. The benefits from the new systems are expected in the following areas: Improved WIP Tracking: In a typical production environment, production personnel spend time manually tracking work orders and their status on the factory floor. This process is time consuming and prone to human error. With automated RFID tracking, shop floor monitoring is more efficient, timely and less error prone. Avoiding Unnecessary Delivery Delays: The system includes automatically generated �delay alerts� that are sent to manufacturing personnel if a lot does not move to the next work cell within a prescribed time period. This allows problems to be addressed before they cause delays in the overall manufacturing flow. �We are extremely proud to have received this recognition from Managing Automation,� said John Mikulsky, Chief Operating Officer of Endwave. �At Endwave, we are constantly challenging ourselves to find novel ways to improve our operations. We see the implementation of cutting-edge RFID tracking systems on the manufacturing floor as another example of Endwave�s ability to apply the latest technology in real-world solutions that enhance our ability to serve our customers and improve our operating efficiency. Also, I�d like to compliment Omnitrol for their excellent support in this endeavor.� 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 43 issued patents covering its core technologies including semiconductor and proprietary circuit designs. Endwave Corporation is headquartered in San Jose, CA, with operations in Diamond Springs, CA; El Dorado Hills, CA; Andover, MA; and Chiang Mai, Thailand. Additional information about the Company can be accessed from the Company�s web site at www.endwave.com. About Omnitrol Networks Omnitrol Networks Inc. is a leading provider of complete EPC-based business application solutions for the emerging wireless, RFID and sensor automation market. The company's award-winning OMNITROL appliance and Edge Application and Services Engine (EASE�) software have pioneered the market for �Always On� real-time operational visibility, traceability and automation solutions. The OMNITROL�s unique edge-centric solution architecture enables the industry's most flexible and reliable means to deploy scalable Auto-ID application intelligent networks at the lowest total cost of ownership in the market. Omnitrol Networks Inc. is a privately held company with corporate headquarters in Mountain View, California, USA. Additional information about Omnitrol Networks� products and services are available at www.omnitrol.com. �Safe Harbor� Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements within the meaning of the Federal securities laws and is subject to the safe harbor created thereby. Any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements, including statements concerning anticipated deliveries and product performance. Words such as �plan,� �intend,� �expect,� �believe,� �anticipate� and similar expressions are intended to identify these forward-looking statements. Information contained in forward-looking statements is based on current expectations and is subject to change. Actual results could differ materially from the forward-looking statements due to many factors, including the following: our successful implementation of next-generation programs, including inventory transitions; our suppliers� abilities to deliver raw materials to our specifications and on time; our ability to penetrate new markets; our reliance on third-party manufacturers and semiconductor foundries; volatility resulting from consolidation of key customers; our ability to achieve revenue growth and maintain profitability; our customer and market concentration; fluctuations in our operating results from quarter to quarter; acquiring businesses and integrating them with our own; component, design or manufacturing defects in our products; our dependence on key personnel; and fluctuations in the price of our common stock. Forward-looking statements contained in this press release should be considered in light of these factors and those factors discussed from time to time in Endwave's public reports filed with the Securities and Exchange Commission, such as those discussed under �Risk Factors� in Endwave�s most recent Annual Report on Form 10-K, and subsequently-filed reports on Form 10-Q. Endwave does not undertake any obligation to update such forward-looking statements.