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Micronetics Press Release - July 10, 2009
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Micronetics Receives RFID Forklift Sensor System Order in Excess of $750k for Beta Testing with Major Retailer
 Hudson,
NH – July 10, 2009 – Micronetics, Inc. (NASDAQ:NOIZ) announced today that it has received an order in
excess of $750K for initial beta testing with a major retailer for its forklift mounted radio frequency
identification (RFID) antenna sensor system. The forklift sensor system has recently completed a successful
pre-production test phase, and will now begin beta testing with deployments over the next several months. These
beta test sites represent approximately 7% of the retailer’s total locations. This order is a portion of a
purchase agreement containing an option for full scale production roll-out upon successful completion of this
phase.
Micronetics’ RFID forklift antenna system is being integrated on one of the most widely used forklifts in the
industry. This system interfaces with the retailer’s warehouse management system in order to streamline material
movement and increase throughput.
Dave Robbins, CEO of Micronetics, Inc. stated, “We are excited about the
market potential of our RFID systems to enhance supply chain inventory management capabilities. We believe that
receiving this order validates to us the robustness of our forklift antenna sensor system.”
Kevin Beals, President of Micronetics, Inc. stated, “We anticipate a successful transition from beta to full
production roll-out within six to nine months after the completion of the beta testing. In support of this effort,
we will be providing dedicated software and hardware resources during these trials. We are working very closely
with our integration partners and the end user to assure success in this retail application.”
In March
2009, Micronetics acquired the pedestal and forklift mounted radio frequency identification (RFID product line of
M/A-COM RFID, Inc, an indirect, wholly owned subsidiary of Cobham plc.
Micronetics manufactures microwave and radio frequency (RF) components and integrated subassemblies used in a
variety of defense, aerospace and commercial applications. Micronetics also manufactures and designs test
equipment and components that test the strength, durability and integrity of communication signals in
communications equipment. Micronetics serves a diverse customer base, including AeroSat, Anaren Microwave,
Anritsu, Augusta Aerospace, BAE Systems, Boeing, Comtech, EADS, EDO/Benchmark, General Dynamics, ITT Electronic
Warfare Systems, L-3 Communications, Lockheed Martin, NAVICP, Nextwave/Jabil Circuit, Northrop Grumman, Pegasus
GSS, Qualcomm, Raytheon, Teradyne, Tektronix and Thales. Additional information can be found on our website at
http://www.micronetics.com.
Some of the statements contained in this news release are forward-looking statements. The accuracy of these
statements cannot be guaranteed as they are subject to a variety of risks, including but not limited to reductions
in spending by certain of our customers, our ability to operate and integrate acquired companies, our ability to
manage our growth, disruptions in supply or production, increased levels of debt, our ability to protect our
proprietary information, future economic conditions in our industry and generally, as well as other factors. The
information in this release should be reviewed in conjunction with Micronetics' Annual Report for its fiscal year
ended March 31, 2009.
Contact Information
Marc Frechette
Marketing Communications
Micronetics, Inc
Hudson, NH 03051
+1 603-546-4167
x167
www.micronetics.com
Posted 7/15/2009
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