Aeroflex Incorporated annonce la finalisation de l'acquisiton de la Division Tests et Mesures d'UbiNetics ; la soci?t? tiendra une t?l?conf?rence ce jour ? 9h00 (heure de la c?te Est)

PLAINVIEW, New York -- (BUSINESS WIRE) -- May 23, 2005 -- Aeroflex Incorporated (Symbole de cotation sur le Nasdaq:ARXX), spécialiste de premier plan dans la conception, le développement et la fabrication de bancs de test automatisés et de solutions de microélectronique destinés aux marchés de l’aéronautique, de la défense et des communications à très large bande (ou communications haut débit), a annoncé ce jour avoir finalisé son acquisition de la Division Tests et Mesures (« SPG », Special Products Group) de la société UbiNetics Holdings Limited conformément aux termes stipulés dans son communiqué de presse du 20 mai 2005.

(BW)(NY-AEROFLEX)(ARXX) Aeroflex Incorporated Announces Completion of Acquisition of Ubinetics Test & Measurement Division; Aeroflex to Host Conference Call at 9:00 a.m. -ET- Today

PLAINVIEW, N.Y.--(BUSINESS WIRE)--May 23, 2005--Aeroflex Incorporated (Nasdaq Symbol: ARXX), a leading designer, developer and manufacturer of automated testing solutions and microelectronics for the aerospace, defense and broadband communications markets, announced today that it has completed the acquisition of the Test and Measurement Division ("SPG") of UbiNetics Holdings Limited pursuant to the terms set forth in its press release dated May 20, 2005. A conference call will be held today, Monday, May 23, 2005 at 9:00 a.m. (EDT) to discuss the UbiNetics transaction.

The dial-in number for calls made in the United States is 1-800-299-0433 and outside the United States is 617-801-9712, Participant Code: 23778776.

There will also be a replay of the call starting at approximately 11:00 a.m. (EDT) on Monday, May 23, 2005 and ending at 11:59 p.m. (EDT) on Monday, May 30, 2005.

The telephone number for the replay is 1-888-286-8010 in the United States and 617-801-6888 outside of the United States, Passcode: 75372204 for both.

This call is being webcast by CCBN and can be accessed at Aeroflex's website at www.aeroflex.com. This webcast will be archived on that site for one year.

About Aeroflex

Aeroflex Incorporated is a 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 or incorporated by reference 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 the business of JcAir, Inc., changes in legal and regulatory requirements, technological change or difficulties, product development risks, commercialization difficulties and general economic conditions.

Such statements reflect our current views 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 undert ke any obligation to update such forward-looking statements.

CONTACT: Aeroflex Incorporated Investor Inquiries: Michael Gorin, 516-694-6700

KEYWORD: NEW YORK

INDUSTRY KEYWORD: AEROSPACE/DEFENSE GOVERNMENT TELECOMMUNICATIONS NETWORKING MERGERS/ACQ CONFERENCE CALLS

SOURCE: Aeroflex Incorporated

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