Wireless Telecom GroupINC.
25 Eastmans Road, Parsippany, NJ 07054
Tel. (201) 261-8797 Fax (201) 261-8339
NEWS RELEASE
Contact: Marc Wolfsohn
(201) 261-8797
Tuesday, February 11, 2003
Parsippany, New Jersey - Wireless Telecom Group, Inc. (AMEX Symbol: WTT) announced today that its wholly owned subsidiary, Boonton Electronics, has received another order from The United States Navy for its 1121 Audio Analyzers. This order is also for approximately $500,000 and is scheduled to ship in the first and second quarters of 2003.
"We are pleased to continue receiving orders from the Navy for our Audio Analyzer. This product enables our customers to verify the audio performance of a radio link by measuring the quality of audio parameters, including distortion, signal-to-noise ratio and frequency. There is clearly an increasing need for this type of product for military applications. Additional orders of the Audio Analyzer are expected in the future," said Edward Garcia, President and CEO.
Wireless Telecom Group, Inc. is a global provider of electronic noise generation equipment in the telecommunications field.
Boonton Electronics, a wholly owned subsidiary, is a leader in the manufacture of test equipment dedicated to measuring the power of RF and Microwave systems used in multiple telecommunication markets.
Microlab/FXR, a wholly owned subsidiary, is a global provider of passive microwave components including power splitters, directional couplers and filters. These products are employed as system components in commercial applications such as wireless base stations for cellular, paging and private communications, in-building wireless signal distribution, television transmitters and aircraft navigation landing systems. Microlab/FXR products are also used in military systems such as electronic countermeasures and missile guidance.
Except for historical information, the matters discussed in this news release may be considered ``forward-looking'' statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include declarations regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties that could materially affect actual results. Such risks and uncertainties are identified in the Company's reports and registration statements filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2001 and Forms 10-Q for 2002.