ANEN Anaren, Inc. (MM)

SYRACUSE, N.Y., Feb. 7 /PRNewswire-FirstCall/ -- Anaren, Inc. (NASDAQ:ANEN) has been selected to receive a contract valued in excess of $8.0 million from Alcatel-Alenia Space (France) for development and production of integrated beamforming assemblies that will be deployed on the Globalstar-2 satellite payload. The contract award, expected to be finalized within 90 days, covers design services and manufacture of up to 48 beamforming networks. Work has been authorized to begin immediately, with production deliveries starting in May 2008. (Logo: http://www.newscom.com/cgi-bin/prnh/20021022/NYTU197LOGO ) Forward-Looking Statements The statements contained in this news release which are not historical information are "forward-looking statements". These, and other forward- looking statements, are subject to business and economic risks and uncertainties that could cause actual results to differ materially from those discussed. You are encouraged to review Anaren's 2006 Annual Report, Anaren's Form 10-K/A for the fiscal year ended June 30, 2006, Anaren's Form 10-Q/A for the three months ended September 30, 2006 and exhibits to those reports filed with the Securities and Exchange Commission to learn more about the various risks and uncertainties facing Anaren's business and the potential impact on Anaren's revenue, earnings and stock price. Unless required by law, Anaren disclaims any obligation to update or revise any forward-looking statement. Company Background Anaren designs, develops, manufactures and sells highly integrated microwave component assemblies and subsystems for the wireless communications, satellite communications, and defense electronics markets. For more information on Anaren's products, visit our Web site at http://www.anaren.com/. http://www.newscom.com/cgi-bin/prnh/20021022/NYTU197LOGODATASOURCE: Anaren, Inc. CONTACT: Joseph E. Porcello, Sr. VP of Finance, +1-315-432-8909, for Anaren, Inc. Web site: http://www.anaren.com/

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