David Robbins, President & CEO of Micronetics, stated, "This order is an endorsement that our satellite microwave subsystem technology, which has been predominantly used for in-flight live TV, is now expanding into the commercial in-flight broadband connectivity marketplace."
About Micronetics:
Micronetics manufactures microwave and radio frequency (RF) components and integrated sub-assemblies 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.
SOURCE: Micronetics, Inc.
Micronetics, Inc. David Robbins, 603-546-4131 President
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