FOR IMMEDIATE RELEASE: July 12, 2002

Micronetics Expands Defense Electronics Group
Hudson, NH -- July 12, 2002 -- Micronetics Wireless, Inc. (Nasdaq/NOIZ) announced today that two new executives have joined it to strengthen and expand the Defense Electronics Group's sales and engineering organizations.

Mr. Ramunas Kalvaitis joins Micronetics as Director of Sales and Marketing in our Defense Electronics Group. Ram, from 1992 to 2002, was a senior sales executive (his final position being Vice President of Sales and Marketing) for SierraCom of Hopkinton, MA. Before that, Ram was Director of Sales and Marketing for MACOM from 1987 to 1992. He has Masters and Bachelor of Science Degrees in Electrical Engineering from Northeastern University.

Mr. Lawrence P. Fletcher joins Micronetics as a Senior Engineer in our Defense Electronics Group. From 1993 until 2002, Mr. Fletcher was Vice President of Technology for SierraCom, responsible for research, development and advanced system development. SierraCom, previously known as Lucas Epsco, was a supplier of systems, subsystems and instrumentation for commercial VSAT, terrestrial telecommunications and military microwave markets. Prior to this, from 1985 to 1993, Lawrence was a principal engineer and Technical Director for the Space Center and Radar Subsystems Division of MACOM, primarily engaged in microwave subsystems and component design. He has a Bachelor of Science Degree in Electronics from Salford University, UK.

Micronetics, operating through its Defense Electronics, Test Solutions and VCO Products Groups, manufactures and designs test equipment and components that test the strength, durability and integrity of communication signals in communications equipment. Micronetics also manufactures microwave and radio frequency (RF) components and integrated subassemblies used in a variety of defense, aerospace and commercial applications. Micronetics serves a diverse customer base, including Aerosat, Alcatel, BAE Systems, Boeing, EADS, Ericsson, L-3 Communications, Lockheed Martin, Motorola, NEC, Northrop Grumman, Raytheon, Southwest Research, Teradyne, Tektronix and Thales. Micronetics also operates through its wholly-owned subsidiaries, Microwave & Video Systems, Inc. and Enon Microwave, 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 for its fiscal year ended March 31, 2002.

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

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