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FOR IMMEDIATE RELEASE: June 13, 2000Micronetics Wireless Adds Support in Sales and EngineeringHudson, NH -- June 13, 2000. Micronetics Wireless, Inc. (Nasdaq/NOIZ) announced today that two new executives have joined it to strengthen and expand the company=s sales and engineering organizations. Mr. Jacob Levy joins Micronetics as Regional Director of Sales in our Control Components Group. Mr. Levy was formerly Regional Sales Manager for KDI/ Triangle Microwave, of Whippany, New Jersey, and for Communications Techniques, Inc., also of Whippany, New Jersey. He was graduated with a B.S. in Electrical Engineering from Polytechnic Institute of New York. Dr. Hanyi Ding joins Micronetics as an Engineer in our Noise Test Components Group. Dr. Ding has 13 years experience in radio frequency and microwave circuit and system design, test, analysis and fabrication. He had been with the Electrical Engineering/Computer Science Department of Tufts University for three years and on the Research Staff of the Electrical Engineering Department of Zhongshan University for ten years. Dr. Ding was awarded his Ph.D. in radio physics from Zhongshan University in 1991 and his Masters Degree in Electronics from Zhongshan University in 1987. Headquartered in Hudson, NH, Micronetics designs components that process radio frequency (RF) and microwave frequency signals and test equipment that generates and correlates broadband noise signals with carrier signals. Micronetics= products, some of which are patented, are used in or test commercial infrastructure equipment (including wireless base stations and repeaters), fixed terminal point-to-point/multi-point data radios, consumer subscriber products (cellular/PCS/satellite handsets), home networking equipment and military/aerospace platforms (satellite communications, electronic warfare and electronic counter-measures). Micronetics serves a diverse customer base including some of the world=s leading technology companies, including Adtran, Airspan, Alcatel, Cisco, Daimler Benz Aerospace, Datron, Ericsson, Hughes, L-3 Communications, Lockheed Martin, Lucent Technologies, Metricom, Motorola, NEC, Newbridge Networks, Northrop Grumman, Raytheon and Teradyne. 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 the success of the products into which the Company=s products are integrated, governmental action relating to wireless communications licensing and regulation, internal projections as to the demand for certain types of technological innovation, competitive products and pricing, the success of new product development efforts, the timely release for production and the delivery of products under existing contracts, future economic conditions 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, 1999.
Contact David Robbins, President Micronetics, Inc. (603) 883-2900 x 317 |
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