NOIZ Micronetics, Inc. (MM)

Micronetics, Inc. (NASDAQ:NOIZ) announced today that it has been awarded an initial production order from a major defense OEM for high performance Voltage Controlled Oscillators (VCOs) for use on Dual Sensor Handheld Mine Detection Systems. The Handheld Standoff Mine Detection Systems (HSTAMIDS), combines highly sensitive metal detection with ground-penetrating radar. This system significantly improves the speed and safety of mine clearance operations performed by U.S. Forces and humanitarian demining initiatives, while enhancing the device�s accuracy and ignoring false-positive metallic clutter. David Robbins, President of Micronetics, stated, "The high performance in our VCOs are strategic for this application. We worked closely with our customer over the past several years to develop high performance, high volume VCOs for this type of rugged use, and expect more demand in the near future." 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, General Dynamics, Harris, IPWireless, ITT, L-3 Communications, Lockheed Martin, Northrop Grumman, Qualcomm, Raytheon, Teradyne, Tektronix, Thales and UTStarcom. 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 reductions in spending by certain of our customers, our ability to operate and integrate acquired companies, our ability to manage our growth, disruptions in supply or production, increased levels of debt, our ability to protect our proprietary information, future economic conditions in our industry and 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, 2006.