Micronetics Receives orders for WiMAX Power Amplifiers valued over $1.7M
October 20 2005 - 9:30AM
Business Wire
Micronetics, Inc. (NASDAQ:NOIZ) announced today that its subsidiary
Stealth Microwave has booked a follow-on order from a leading WiMAX
equipment manufacturer totaling over $1.7M for high performance
power amplifiers used in base stations. Delivery will start during
December 2005 and be completed in early 2006. David Robbins,
President of Micronetics, stated, "We are pleased to support the
continued rollout of emerging WiMAX systems. In addition to the
present design, Stealth Microwave has already shipped a lower cost,
higher efficiency unit that can meet the stringent requirements of
next generation WiMAX systems." "Developing products that meet
emerging IEEE standards, such as 802.16, reflects our strategy to
provide high performance enabling technology for Broadband Wireless
Access". Micronetics' Power Amplifier Group, Stealth Microwave,
will be displaying its product line at booth #123 at the SATCON
Conference and Expo in New York from October 26-27, 2005. SATCON is
a major satellite communications industry event where corporate,
military, government, broadcasters, telecommunication companies and
contractors converge. 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, Airspan, BAE
Systems, Boeing, EADS, ITT, L-3 Communications, Lockheed Martin,
Northrop Grumman, Qualcomm, Raytheon, 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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