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

Jim De Broeck
Aeroflex Incorporated
(316) 522-4981
jim.debroeck@aeroflex.com

Burnham, England —February 23, 2006—Aeroflex today announced that its joint bid with Centro de Tecnología de las Comunicaciones (CETECOM Spain) has been successful in winning the contract from the WiMAX Forum to develop the protocol conformance test solution for the new WiMAX 802.16e technology standard. The contract win follows the recent open call for tenders initiated by the WiMAX Forum.

The first product Aeroflex and CETECOM will bring to market is a base station emulator for the protocol conformance testing of mobile stations that will execute ETSI approved TTCN-3 test cases. Early functionality will be available to support development efforts with a fully functional development system available later. A mobile emulator for base station testing will follow shortly after. Delivery of the WiMAX 802.16e protocol conformance test solution is planned for the second half of 2006.

“Protocol conformance test for WiMAX 802.16e devices is a critical requirement to support the dynamic growth of WiMAX during 2006,” said Andres Moreno, CETECOM Wireless Division Director. “As the world’s only WiMAX Forum approved certification laboratory, we will also be using the WiMAX 802.16e protocol conformance test solution to certify the first wave of WiMAX 802.16e devices expected late 2006.”

Commenting on the success of the joint bid, Pete Nicholson, business unit manager, Aeroflex Test Solutions, Wireless Division said, “The success of the joint bid is a clear demonstration of our leadership role in protocol conformance test. It brings unique strengths to the WiMAX arena combining Aeroflex’s global presence and protocol conformance expertise with CETECOM’s RF conformance testing capability and ongoing involvement in the development of the WiMAX standards.”

WiMAX 802.16d technology is currently delivering last mile wireless broadband access as an alternative to cable and DSL. The introduction of WiMAX 802.16e devices will provide portable and, eventually, mobile wireless broadband connectivity without the need for direct line-of-sight with a base station. It is expected that WiMAX technology will be incorporated in notebook computers and PDAs by 2007, enabling urban areas and cities to become "metro zones" for portable outdoor broadband wireless access.

The success of the joint Aeroflex/CETECOM WiMAX 802.16e bid will result in an even closer collaboration between the two companies in what they both see as an important new market for them. In October 2005, Aeroflex and CETECOM entered into a long-term, global distribution partnership under which Aeroflex became the sole worldwide sales and support channel for CETECOM’s highly regarded MINT RF conformance test platform for 2G/2.5G/3G mobile handsets.

About Aeroflex
Aeroflex Incorporated is a global provider of high technology solutions to the aerospace, defense, cellular 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 Website: www.aeroflex.com.

About Aeroflex Test Solutions, Wireless Division
Aeroflex Wireless offers a full range of protocol, physical layer and parametric test solutions for the cellular communications industry. Its products address infrastructure and mobile handset testing and support all stages of mobile phone and radio access network equipment development and deployment. Applications include R&D, conformance, production, installation and commissioning, field service, and network optimization. Aeroflex's wireless products test all key 2G, 2.5G and 3G wireless technologies including UMTS, cdmaOne, CDMA2000, TD-SCDMA, GSM, GPRS, and EDGE worldwide.

About CETECOM Spain
Centro de Tecnología de las Comunicaciones, S.A. (CETECOM Spain) is a global supplier of Testing Solutions for wired and wireless technologies (GSM/GPRS, EDGE, W-CDMA, Bluetooth, Wi-Fi, WiMAX, RFID, DECT and PSTN). It services portfolio ranges from conformance, regulatory and interoperability testing services to test systems development, worldwide compliance services, training and consulting.

CETECOM underwent a share restructuring process in June 2004, led by the Council for Innovation, Science and Enterprise (Consejería de Innovación, Ciencia y Empresa), with the objective of expanding the international scope of the company. The shareholders of CETECOM are currently distributed between the Agency for Innovation and Development of Andalusia - (49.05%), the Andalusian savings bank El Monte (24.53%), Andalusia´s Industrial Verifications, Veiasa (24.53%) and Sadiel (1.90%)

For more information, please visit www.CETECOM.es.

All statements other than statements of historical fact included in this press release regarding Aeroflex’s 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, 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. Aeroflex does not undertake any obligation to update such forward-looking statements.