FOR IMMEDIATE RELEASE MICRONETICS EXPANDS INTO THE COMMERCIAL SATELLITE BASED IN-FLIGHT BROADBAND MARKET
Hudson, NH - January 30, 2008 -- Micronetics, Inc. (NASDAQ:NOIZ) announced today that it has received a development order for integrated microwave
subsystems from a leading antenna manufacturer. These highly integrated microwave subsystems will be used for satellite based broadband connectivity on
commercial airlines. The pre-production units are scheduled to be delivered in the current quarter (Q4’ FY08) for use in qualification testing and field
trials.
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: 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.
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