Micronetics Expands into Mobile Jamming Systems Market with Several Preproduction Contract Awards.HUDSON, N.H. -- Micronetics, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : NOIZ) announced today that it has received separate preproduction pre·pro·duc·tion adj. 1. Taking place or existing before production: preproduction planning. 2. contracts for broadband noise sources, voltage controlled oscillators, and high power RF amplifiers. These are critical components used in Tactical Jamming Systems (TJS TJS Tajikistan Somoni (ISO currency code) TJS Tactical Jamming System TJS Tommy John Surgery (baseball pitcher's damaged elbow) ) for the U.S. Army, Navy and Marine Corps. The systems, which utilize the latest in solid-state technology, provide solutions for a wide range of threats primarily in tactical ground mobile platforms and Improvised Explosive Devices (IEDs). David Robbins David Robbins (born 1957 in Whitefish Bay, Wisconsin, U.S.) is an artist best known for his exhibition entitled Talent. Video work includes: Lift; Studying the Lie , President and Chief Executive Officer of Micronetics, Inc., said, "These preproduction awards are an introductory step into a new market for Micronetics. Jammers, because of their nature, typically require high performance microwave components. Supporting this jamming market is part of our strategy to target applications which need performance and quality that our product offering addresses." Micronetics manufactures microwave and radio frequency (RF) components and integrated subassemblies 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 BAE Systems British manufacturer of aircraft, missiles, avionics, naval vessels, and other aerospace and defense products. BAE Systems was formed (1999) from the merger of British Aerospace (BAe) with Marconi Electronic Systems. , Boeing, EADS EADS European Aeronautic Defence and Space Company N.V. EADS Expeditionary Air Defense System (USMC) EADS Extended Air Defense Systems EADS Environmental Assessment Data System EADS Echelons Above Division Study , IP Wireless, ITT ITT Initial Teacher Training (UK) ITT I Think That ITT Invitation To Tender ITT Individual Time Trial (professional cycling) ITT Intention-To-Treat ITT In This Thread (forums) , L-3 Communications, Lockheed Martin, Northrop Grumman, Qualcomm, Raytheon, Teradyne, Tektronix, Thales and UTStarcom. Micronetics also operates through its wholly owned subsidiaries Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Enon Microwave, Inc.; Microwave & Video Systems, Inc.; Microwave Concepts, Inc. and Stealth Microwave, Inc. 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 the success of the products into which the Company's products are integrated, internal projections as to the demand for certain types of equipment, competitive products and pricing, the success of new product development efforts, the timely release for production and the delivery of products under existing contracts, access to financial resources, 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, 2005. |
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