ARXX Aeroflex Inc. (MM)

Aeroflex Incorporated (Nasdaq Symbol: ARXX), announced today that it has received a $5 million order for High-Reliability ASICs (Application Specific Integrated Circuits) and Standard Data Communication Products. The products will be used for a major military subcontractor's jet engine, flight and cabin environmental controls. Initial deliveries will commence this quarter and are expected to be completed by January 2010. "We are very pleased to have received this strategic award to support this prominent military subcontractor," said John Buyko, President, Aeroflex Microelectronic Solutions. "The order is part of $15M in awards from this customer in the past sixteen months. Aeroflex has a long history of supplying High-Reliability and radiation-hardened ASICs and integrated circuits to the aerospace, satellite and defense community. "Aeroflex provides products specifically designed for military and commercial avionic applications such as high-temperature engines, environmental cabin control, and data communications," continued Mr. Buyko. "As a fab-independent supplier, we offer customers the benefits of our multiple foundry partners, coupled with state-of-the-art design and technology processes." About Aeroflex Aeroflex Incorporated is a leading global provider of high technology solutions to the aerospace, defense and broadband communications markets. The Company's diverse technologies allow it to design, develop, manufacture and market a broad range of test, measurement and microelectronic products. The Company's common stock trades on the Nasdaq National Market System under the symbol ARXX and is included in the S&P SmallCap 600 index. Additional information concerning Aeroflex Incorporated can be found on the Company's Web site: www.aeroflex.com. All statements other than statements of historical fact included in this press release regarding Aeroflex's financial position, business outlook, business strategy and plans and objectives of its management for future operations are forward-looking statements. When used in this press release, words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to Aeroflex or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of Aeroflex's management, as well as assumptions made by and information currently available to its management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors, including but not limited to, competitive factors and pricing pressures, the integration of acquired businesses, changes in legal and regulatory requirements, technological change or difficulties, product development risks, commercialization difficulties, general economic conditions, and other risk factors disclosed in Aeroflex's most recently filed Form 10-Q. Such statements reflect the current views of management with respect to the future and are subject to these and other risks, uncertainties and assumptions relating to Aeroflex's financial condition, results of operations, growth strategy and liquidity. Aeroflex does not undertake any obligation to update such forward-looking statements.