Plainview, NY. April 16, 2007 -- 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: http://www.aeroflex.com/.