FOR IMMEDIATE RELEASE: March 19, 2002

Micronetics Introduces Wave-3G^TM RF Converter
Hudson, NH -- (BusinessWire) -- March 19, 2002 -- Micronetics Wireless, Inc. (Nasdaq/Noiz) announced the introduction of its Wave-3G CON RF Converter at the CTIA Wireless 2002 Convention and Exposition in Orlando, FL.

The Wave-3G CON RF Converter is the second product offering of Micronetics' Wave-3G Multipath Fading Test Platform. Micronetics' Wave-3G is a multipath fading simulator that is used to test or design wireless products by simulating multipath fading characteristics of a wireless communication link. The Wave-3G SIM, the first product launched in Micronetics' Wave-3G Platform, enables the user to simulate signals at baseband. The Wave-3G CON enables the user to simulate signals at the applicable RF signal.

The Wave-3G offers static and dynamic multipath fading for 3G, IMT2000, and cdmaOne, together with an internal architecture including a built-in, dual-mode noise source, digital power meter, and AGC (automatic gain control) circuitry.

Ralph Marrone, VP of Noise and Test Solutions, stated "The features and performance of the Wave-3G SIM that we previously launched, will now be available across a broadband frequency range for many applications, including mobile handsets and base-station testing for Cellular, PCS, 3G Broadband Access, Wireless Local Loop and Wireless LAN applications."

Development of the Wave-3G platform is a joint venture between the Test Solutions Group at Micronetics and Hollis Electronics Company. Dr. Moeness Amin of Villanova University assisted in developing the theoretical framework of the Wave-3G Communications Testing Platform technology.

A demonstration of the Wave-3G SIM will be conducted at Micronetics Booth Number 3948 at the CTIA Wireless 2002 Convention and Exposition in Orlando, FL on March 18-20, 2002.

Headquartered in Hudson, NH, Micronetics designs and manufactures test equipment and components that 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 wireless, aerospace and defense applications. Micronetics' products are used in or test communication and internet infrastructure equipment, fixed terminal, point-to-point/multi-point data radios, 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 AeroSat, Agere, Alcatel, BAE Systems, Boeing, Cisco, EADS, Ericsson, L-3 Communications, Lockheed Martin, Lucent Technologies, Motorola, NEC, Nokia, Northrop Grumman, Raytheon, TRW, Tektronix, Teradyne and Thales.

Headquartered in Amherst, NH, Hollis serves a global customer base including INTELSAT, EUTELSAT, AT&T, Allied-Signal, Analog Devices, Aydin, Hughes Network Systems, JPL, NASA, Navigation Sciences, Sprint, and The J.J. Wilbur Company. Hollis is a manufacturer of satellite test equipment and provider of research and development support services, with a history of developing analog and digital signal analysis and processing systems.

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

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