Micronetics Receives Test Equipment Order from US Army
June 16 2005 - 2:38PM
Business Wire
Micronetics, Inc. (NASDAQ:NOIZ) announced today that its Test
Solutions Group has booked an order to supply 16 L-band Eb/No Noise
Generators to CECOM, the US Army's Communications-Electronics
Command for use on the Satellite Teleport program. The Teleport
program allows intelligence sources to communicate to commanders,
allowing collaborative planning on a real time basis. David
Robbins, Micronetics' President and CEO stated, "We were awarded
this order on our technical superiority. Our Eb/No Noise Generator
had better accuracy and stability than the competition and we
provided for in-field automated calibration capability that will
save the military enormous cost on logistics. This award
demonstrates the US military's recognition of Micronetics'
leadership in the development of noise based instrumentation."
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, BAE Systems, Boeing, EADS, Honeywell, ITT,
L-3 Communications, Lockheed Martin, NEC, Northrop Grumman,
Raytheon, Southwest Research, Teradyne, Tektronix and Thales.
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, 2004.
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