Wireless Telecom GroupINC.
Tel. (201) 261-8797 Fax (201) 261-8339
NEWS
RELEASE
Contact:
Reed DuBow
(201) 261-8797
Parsippany, New Jersey - Wireless Telecom Group, Inc. (AMEX Symbol: WTT) announced today that it’s wholly owned subsidiary, Boonton Electronics, has recently received orders from the US Air Force for Audio and Modulation analyzers. The orders are for approximately $500,000. These products perform precise measurements and analysis on radio transmitters and communication systems and are well suited for military and government testing applications.
“Boonton's
products are ideal for the current economic climate and for our addressable
markets. We continue to see significant interest in our products, particularly
in the areas of government and military defense spending as well as homeland
security and radar based applications. We are working hard to capitalize and
expand on these opportunities,” 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, 2002 and Forms 10-Q
for 2003.