Ismaning/Chessington/Indianapolis, October 8, 2004 – Willtek Communications today announced that its shareholders have signed a definitive agreement to sell 100% of its share capital to the US public company, Wireless Telecom Group (AMEX symbol: WTT). WTT is one of the leading US test and measurement companies operating under the Boonton Electronics, Noise/Com and Microlab/FXR brands. The four brands are successful providers in their respective fields of radio frequency (RF) expertise; the cooperation of these product lines is believed to bring about improved products and to further enhance the sales and service presence of each product line. The collaboration anticipates the combination of Willtek Communications with Wireless Telecom Group. The deal is subject to WTT’s shareholders approval and is expected to close before March 2005.

Although both companies are of similar size, the anticipated combination is technically an acquisition of Willtek Communications by Wireless Telecom Group Inc. as announced in WTT’s press release dated October 5, 2004. Willtek’s owners, Investcorp and Damany Holdings, receive considerations in cash and WTT stock, representing approximately 32% of the combined company’s capital stock. The combination of both companies results in a larger corporation with the potential to grow through joint product development and increased sales coverage. Willtek’s CEO, Cyrille Damany, will be appointed CEO of the combined group.

Boonton Electronics is a vendor of RF power meters and sensors with outstanding performance. Noise Com is the well-established manufacturer of noise generators, components and bit error rate test analyzers. Microlab/FXR produces a multitude of components for many RF applications including wireless communications.

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