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FOR IMMEDIATE RELEASE: December 7, 2000Micronetics Hires Director of Worldwide Sales for Noise and Test Solutions DivisionHudson, NH -- (BUSINESSWIRE) -- December 7, 2000 -- Micronetics Wireless, Inc. (NASDAQ/NOIZ) announced today that Charles Freihofer has become Director of Worldwide Sales, Noise and Test Solutions Division. Mr. Freihofer brings 20 years of senior level sales and management experience to Micronetics. He spent several years with Susalka & Vinecomebe and Powerhouse Electronics, and 13 years as the President and CEO of DSU Incorporated, which specialized in contract research and development activities for wireless communication and radio frequency technology. Ralph Marrone, Vice President of Micronetics Noise and Test Solutions Division, stated "Charles' background is perfect to assist Micronetics to reach the next level, as Micronetics continues to expand its product offerings by penetrating deeper into new markets, such as digital television, point to multi-point communication, Bluetooth and other emerging markets." Headquartered in Hudson, NH, Micronetics manufactures and designs innovative test equipment and test components that are used to test the strength, durability and integrity of communication signals in communications and internet infrastructure equipment. Micronetics also manufactures microwave and radio frequency (RF) components and integrated subassemblies used in a variety of commercial wireless and military products. Micronetics' products are used in or test communication and internet infrastructure equipment (including wireless base stations, repeaters, and cable modem equipment), 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, such as Adtran, Airspan, Alcatel, Cisco, Comsat, Daimler Benz Aerospace, Datron, Ericsson, Hughes, L-3 Communications, Lockheed Martin, Lucent Technologies, Motorola, NEC, Nortel, Newbridge Networks, Northrop Grumman, Raytheon, Teradyne and Tektronix. 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, 2000.
Contact David Robbins, President Micronetics, Inc. (603) 883-2900 x 317 |
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