Aeroflex Incorporated Announces Retirement of Michael Gorin as Vice Chairman and Chief Financial Officer

About Aeroflex

Aeroflex Incorporated is a global provider of high technologysolutions to the aerospace, defense and broadband communicationsmarkets. The Company's diverse technologies allow it to design,develop, manufacture and market a broad range of test, measurement andmicroelectronic products. The Company's common stock trades on theNasdaq National Market System under the symbol ARXX and is included inthe S&P SmallCap 600 index. Additional information concerning AeroflexIncorporated can be found on the Company's Web site: www.aeroflex.com.

All statements other than statements of historical fact includedor incorporated by reference in this press release regardingAeroflex's financial position, business outlook, business strategy andplans and objectives of its management for future operations areforward-looking statements. When used in this press release, wordssuch as "anticipate," "believe," "estimate," "expect," "intend" andsimilar expressions, as they relate to Aeroflex or its management,identify forward-looking statements. Such forward-looking statementsare based on the current beliefs of Aeroflex's management, as well asassumptions made by and information currently available to itsmanagement. Actual results could differ materially from thosecontemplated by the forward-looking statements as a result of certainfactors, including but not limited to, competitive factors and pricingpressures, the integration of the businesses of both JcAir, Inc. andthe Test and Measurement division of UbiNetics Holdings Ltd., changesin legal and regulatory requirements, technological change ordifficulties, product development risks, commercializationdifficulties and general economic conditions. Such statements reflectour current views with respect to the future and are subject to theseand other risks, uncertainties and assumptions relating to Aeroflex'sfinancial condition, results of operations, growth strategy andliquidity. Aeroflex does not undertake any obligation to update suchforward-looking statements.