Debra Seifert
McClenahan Bruer Communications
(503) 546-1000
debra@mcbru.com

Deb Stockman
Aeroflex Incorporated
(316) 529-5448
deb.stockman@aeroflex.com

Stevenage, England-August 16, 2005 — To test mobile handsets for real-world noise conditions, Aeroflex is now including an AWGN (Additive White Gaussian Noise) source with its IQCreator software. The addition of the AWGN feature transforms an RF signal generator into a noise generator.

IQCreator is a free Windows-based software application that enables a user to set up a wireless carrier modulation scheme and then create an arbitrary waveform file for use with the Aeroflex IFR 3410 and Aeroflex 3020 PXI series RF signal generators. IQCreator supports a wide variety of modulation types and is constantly updated by Aeroflex. It is available for download at: http://www.aeroflex.com/products/signalsources/IQCreator.cfm?download=form.

IQCreator with AWGN allows users to easily and accurately add AWGN to any modulated signal without complex calibration. IQCreator's AWGN feature is ideal for generating flexible and precise standalone AWGN power and repeatable signal-to-noise ratios (carrier noise or C/N). A precise and repeatable in-channel AWGN is especially important when determining a mobile receiver's sensitivity threshold.

IQCreator's AWGN feature can also add noise in defined bandwidths, as a single interferer on one carrier signal or within multi-carrier applications. Noise can also be added in-channel or in adjacent channels-on a single signal or among signals in a multi-carrier application.

About IQCreator Software
IQCreator is a Windows-based software application for RF signal generators that enables a user to set up a modulation scheme and then create an arbitrary waveform generator file. It is designed for use in conjunction with either the Aeroflex IFR 3410 series or the Aeroflex 3020 PXI series signal generators. Graphical displays of the waveform FFT, vector and constellation diagrams, and other waveforms can be viewed and exported for use in other Windows applications. The arbitrary waveform generator file may be saved or downloaded into the instrument itself. User-defined configurations can also be saved. Consequently, it is possible to load previously saved setups to regenerate the arbitrary waveform generator files quickly and easily.

The many capabilities of IQCreator include: generic modulation, AWGN (announced today), TDMA digital standards, modulation impairments, WLAN (802.11a/b/g), CDMA digital standards, and extensive graphical capabilities.

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 businesses of both JcAir, Inc. and the Test and Measurement division of UbiNetics Holdings Ltd., 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 undertake any obligation to update such forward-looking statements.