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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