ARXX Aeroflex Inc. (MM)

Aeroflex Incorporated (Nasdaq: ARXX) today announced that it has completed the acquisition of privately-held MicroMetrics, Inc. of Londonderry, New Hampshire. MicroMetrics is a design and full service manufacturer of both standard and application specific RF/Microwave diodes and semiconductor devices. �We believe the acquisition of MicroMetrics is strategic and strengthens our Hi-Reliability, Hi-Performance RF/Microwave product portfolio of semiconductor solutions that will enable us to better service our demanding customer applications,� said John Buyko, President, Aeroflex Microelectronic Solutions. �We are delighted that the MicroMetrics team will be joining forces with our company and are looking forward to working with them.� About Aeroflex Aeroflex Incorporated (Nasdaq: ARXX) is a global provider of high technology solutions to the aerospace, defense, cellular 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.