NOIZ Micronetics, Inc. (MM)

Micronetics, Inc. (NASDAQ:NOIZ) announced today its subsidiary Microwave Concepts, Inc. (MicroCon) has booked a development order from an industry leading systems integrator serving the U.S. military. This initial order, totaling over $1.0M, is for a complex integrated microwave subassembly used in an airborne electronic warfare systems. David Robbins, President of Micronetics, stated, �We competed against the top microwave subassembly suppliers for this order and won which we believe validates the depth and breadth of our technology, and our strategy of providing highly integrated microwave solutions in addition to microwave components.� Kevin Beals, Vice President of Business Development, stated, �Our ability to converge several technologies across multiple divisions to win this opportunity demonstrates our engineering strength. This award further solidifies our strategy to align with our component-level customers to provide additional �higher-level� integrated solutions.� Beals continued, �Upon completion of the development phase of this assembly prototype, a significant production cycle is expected.� 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, 2007 as well as its other filings with the Securities and Exchange Commission.