NOIZ Micronetics, Inc. (MM)

Micronetics, Inc. (NASDAQ: NOIZ) announced today that it has received initial production contracts from EDO Corporation (NYSE: EDO) totaling $930K for Voltage Controlled Oscillators (VCO�s) used on the Spiral 2.1 CREW system. The delivery schedule to support EDO CREW 2.1 program is anticipated to be over a 6 month period. The Spiral 2.1 CREW systems are vehicle mounted electronic jammers designed to counter radio-controlled IEDs (Improvised Explosive Devices). The systems are part of the DoD�s Joint Improvised Explosive Device Defeat Organization (JIEDDO). David Robbins, President and Chief Executive Officer of Micronetics, Inc., said, "This jamming system, and jamming systems in general because of their nature, typically require high performance microwave components. Supporting this jamming market is part of our strategy to target applications which need the performance and quality that our products provide." 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, EDO, 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 on Form 10-KSB for its fiscal year ended March 31, 2006, and subsequent quarterly reports on Form 10-QSB.