NOIZ Micronetics, Inc. (MM)

Micronetics, Inc. (NASDAQ:NOIZ) announced today that its subsidiary Microwave Concepts (MicroCon) has booked an order from ITT Electronic Systems, Clifton, NJ totaling more than $2 million for high performance microwave subassemblies. These subassemblies are used as part of the Advanced Integrated Defensive Electronic Warfare System (AN/ALQ-211(V)4) installed in F-16s, sold to the U.S. and international allies. David Robbins, President & CEO of Micronetics, stated, "We have worked closely with ITT engineering and manufacturing teams in preparation to support them on this program. MicroCon�s efforts to support cost reduction through manufacturing and design efficiencies, proven quality, and open communications were important aspects for us receiving this award�. This order is expected to be delivered over a 12 month period. About MicroCon MicroCon (www.micro-con.com) is an ISO9001 engineering and manufacturing division located in Fairfield, NJ that specializes in complex RF/Microwave modules and subsystems for many of the major military Radar and EW subcontractors as well as integrated front-ends for commercial airborne DBS applications. About ITT ITT Corporation (www.itt.com) supplies advanced technology products and services in several growth markets. ITT is a global leader in the transport, treatment and control of water, wastewater and other fluids. The company plays a vital role in international security through its defense communications and electronics products; space surveillance and intelligence systems; and advanced engineering and related services. It also serves the growing leisure marine and electrical connectors markets with a wide range of products. Headquartered in White Plains, N.Y., the company generated $7.8 billion in 2006 sales. In addition to the New York Stock Exchange, ITT Corporation stock is traded on the Euronext and Frankfurt exchanges. ITT Electronic Systems is a leading supplier of information and electronic warfare (EW) technologies, systems and services that enable mission success and survivability for a broad range of military aircraft. Its Gilfillan radar systems provide state-of-the-art air defense, surveillance, multifunction and air traffic control radar systems for U.S. and international land and maritime applications. About Micronetics 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 on Form 10-KSB for its fiscal year ended March 31, 2007, and subsequent quarterly reports on Form 10-QSB.