CORPORATE PROFILE

California Microwave is an international leader in wireless and satellite communications. Its microwave radios and satellite earth stations are key elements of telecommunications infrastructure in both developing and developed countries.

Its ability to offer customers a turnkey package of both radios (for short-distance transmission of voice, data, facsimile, and video services) and satellite equipment (for long-distance transmission of these same services) makes it a formidable competitor in the global telecommunications infrastructure market.

California Microwaveís innovative products employ highly sophisticated microwave technologies, providing an "invisible telephone line" for worldwide communications. In more than 110 countries, the companyís satellite and radio products supply the infrastructure that supersedes more traditional and more expensive cable or wire connections. Its strategy calls for significant expansion in the wireless area.

Founded in 1968 and publicly traded on the Nasdaq National Market (CMIC) since 1972, California Microwave has manufacturing operations in seven states and sales offices and representatives worldwide.

THE CALIFORNIA MICROWAVE CAPITAL CORPORATION

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