Aeroflex Incorporated announces strategic agreement between MIC Technology and Motorola.

PLAINVIEW, N.Y.--(BUSINESS WIRE)--Feb. 3, 1997--Aeroflex Incorporated (NYSE Symbol: ARX), today announced that its MIC Technology subsidiary has entered into a strategic multi-year outsourcing agreement with the RF Semiconductor Division of Motorola (NYSE Symbol: MOT). This exclusive agreement provides for the orderly transfer over a nine-month period of all Thin Film Interconnect product lines currently manufactured by Motorola's in house facility in Phoenix, Arizona to MIC Technology. When the transition is complete, MIC Technology will be supplying virtually all of Motorola's Thin Film Interconnects for its rf semiconductor product lines which support component applications in cable television, cellular and land mobile communications.

Brian Mitchell, MIC Technology's President, commented,"MIC Technology has been supplying its PIMICTM thin film technology to Motorola's RF Semiconductor Division for a number of years and over that period of time, we have demonstrated our ability to supply high quality products with superior service and support. We have also demonstrated that, as a technology leader in Thin Film Interconnects, we can assist Motorola in achieving its future product goals. The decision by Motorola to commit this volume to an external supplier/partner was a critical business decision for them, and re-affirms our leadership position in the Thin Film Interconnect business." Dan Artusi, General Manager of Motorola's RF Semiconductor Division said: "This agreement allows us to remain focused on our key capabilities of silicon and gallium arsenide technology and achieve maximum product value for our customers. We are confident that MIC Technology will continue to deliver the same high level of quality product that Motorola is committed to."

Aeroflex Incorporated, headquartered in Plainview, Long Island, designs and manufactures advanced electronics systems and components, including microelectronic circuits and interconnect products, instrument products and motion control products for both the commercial and defense markets. It also designs and manufactures shock and vibration stabilizing systems used for commercial, industrial and defense applications.

CONTACT: Aeroflex Inc., Plainview

Michael Gorin - President and Chief Financial Officer

516/694-6700