Micronetics, Inc. (NASDAQ:NOIZ) announced today that it's New Jersey-based subsidiary, Microwave Concepts has been awarded a firm fixed contract from a leading defense contractor for microwave assemblies used in a high performance jamming system. Demand for this system has been strong and additional system add-ons are expected over the next 6 months. This award is the contract finalization that started with advanced funding received by Micronetics in June 2008. Hardware deliveries to this contract have commenced in Q3 FY09 and will continue for 18 months. David Robbins, CEO of Micronetics, stated, "We are pleased to support a large important program like this and believe it validates the close and transparent relationship with our customer." Tony Pospishil, General Manager of Micro-Con, added, "We continue to focus on integrating various broadband microwave technologies to support high performance jamming systems and electronic systems modernization efforts. We are proud to be a part of the enabling technology in this advanced jamming system." 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 Avionics, Airspan, Anaren Microwave, BAE Systems, Boeing, Comtech, EADS, EDO/Benchmark, General Dynamics, ITT Electronic Warfare Systems, L-3 Communications, Lockheed Martin, Nextwave/Jabil Circuit, Northrop Grumman, Pegasus GSS, Qualcomm, Raytheon, Teradyne, Tektronix and Thales. Additional information can be found on our website at http://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, 2008 as well as its other filings with the Securities and Exchange Commission.
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