Micronetics, Inc. (NASDAQ:NOIZ) announced today that as a result of successful shipments of prototypes, its subsidiary Stealth Microwave has booked substantial preproduction orders to supply high performance WiMAX power amplifiers for integration into Airspan Network's base stations. WiMAX is an emerging technology that offers the performance and versatility of the popular Wi-Fi hotspots, but on a macro scale. With equipment designed for telecom operators, WiMAX networks intend to bring ubiquitous service for wireless data, video and voice over coverage areas similar to current cellular networks. David Robbins, President of Micronetics, stated, "Stealth Microwave's expertise in meeting the performance needs of next generation base station manufacturing creates a promising outlook for the usage of our linearized power amplifiers as the 802.16 WiMAX standard develops in the next few years. " "Developing products that meet emerging IEEE standards, such as 802.16, reflects our strategy to provide high performance enabling technology for long running commercial programs." 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, Qualcomm, Raytheon, Southwest Research, Teradyne, Tektronix, Thales and UTStarcom. 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, 2005.
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