FOR IMMEDIATE RELEASE: February 26, 2003

Micronetics Launches Test Instrument for SatCom Market
Washington, D.C. -- (BUSINESS WIRE) -- February 26, 2003 -- Micronetics, Inc. (Nasdaq/NOIZ) announced introduction of a Carrier-to-Noise Generator that is specifically designed to meet the needs of its satellite communication customers.

Charles Freihofer, Director of Test Solutions, stated "In satellite communication tests, we have learned that this user needs to be able to simulate the real-world effects of noise from the atmosphere while varying power of the carrier signal to measure the performance of their receivers. Accurately simulating this condition in a noise generator requires certain unique features. The noise generator must be able to set and maintain a desired level of noise while varying the carrier signal. It also must be able to maintain a signal lock on the carrier signal while changing the carrier attenuation. We have been told by certain of our satellite customers, when offered these fixtures on a standard solution, they have been able to significantly reduce their setup time."

To respond to these requirements, Micronetics' CNG-SatCom includes the following key features:

Constant Noise Output - This feature allows the user to set and maintain a desired level of noise while varying the carrier signal. The internal power meter is used to measure the noise and carrier levels and to maintain accurate signal to noise ratios (SNR) that are set by the user.
Make-Before-Break Carrier Attenuator - In order to prevent the Unit Under Test (UUT) from being disturbed by an interruption in carrier signal, the carrier path can not be broken during attenuation changes. This instrument incorporates a Master/Slave attenuation design that allows the modem to maintain a lock on the carrier signal while establishing new carrier to noise ratios.
Selectable 50/75 ohm Impedance - This instrument has dual impedance input/output capability that is easily selected from the front panel or through remote GPIB commands. The rear panel is configured with both 50 ohm SMA(F) connectors and 75 ohm BNC(F) connectors. The instrument is internally calibrated for either impedance, which eliminates the need for any external hardware and potential losses that will result from these conversions.

Micronetics will be demonstrating this instrument at Booth 1055 at the Satellite Show located in the Washington DC Convention Center located in Washington, D.C. from February 26, 2003 through 28, 2003.

Micronetics, operating through its Defense Electronics Group, designs and manufactures microwave and radio frequency (RF) components and integrated subassemblies used in a variety of defense, aerospace and commercial applications. Operating through its Test Solutions and VCO Products Groups, Micronetics designs and manufactures test equipment and components that are utilized in, or test the strength, durability and integrity of communication signals in, military or communications equipment or systems. Micronetics serves a diverse customer base, including Aerosat, Alcatel, BAE Systems, Boeing, EADS, Ericsson, Honeywell, L-3 Communications, Lockheed Martin, Motorola, NEC, Northrop Grumman, Raytheon, Southwest Research, Teradyne, Tektronix and Thales. Micronetics also operates through its wholly-owned subsidiaries, Enon Microwave, Inc., Microwave Concepts, Inc. and Microwave & Video Systems, Inc.

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 on Form 10KSB/A for its fiscal year ended March 31, 2002.

Contact
David Robbins, President
Micronetics, Inc.
(603) 883-2900 x 317

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