Mission Microwave Announces Settlement of Arbitration

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All claims among the parties have been resolved.

Mission Microwave Technologies, Inc. (http://www.missionmicrowave.com), a manufacturer of compact, highly efficient Solid State Power Amplifiers and Block Upconverters, announced today that it has reached an agreement to settle an arbitration brought by Gilat Satellite Networks and its subsidiary Wavestream Corporation. All claims among the parties have been resolved without attribution of fault to any party.

About Mission Microwave Technologies

Mission Microwave Technologies demonstrates revolutionary design for RF and microwave electronics, supporting ground-based, airborne, and space-based applications. Utilizing the latest in semiconductor technology, Mission Microwave's focus is to minimize the size, weight, and power (SWaP) for these critical applications, while providing its customers with the best possible reliability. Mission Microwave sets the "new standard" for performance and reliability.

For more information, please visit the company’s website at http://www.missionmicrowave.com

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Francis Auricchio
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