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Herley's Micro Systems, Inc. Supports CEi's Successful Supersonic Flight of New Aerial Target System

LANCASTER, Pa., Feb. 22 /PRNewswire-FirstCall/ -- Herley Industries, Inc. (Nasdaq: HRLY) reported today that its subsidiary, Micro Systems, Inc. based in Ft. Walton Beach, Florida provided the avionics suite used by Composite Engineering Inc. (CEi) in the successful flight demonstration of their newest unmanned aerial target system, the BQM-167X. The aircraft accomplished sustained supersonic flight at the US Navy Pt. Mugu Test Range on January 31, 2008 as part of a demonstration contract awarded to CEi by the US Navy in September of 2006 for an advanced high performance aerial target system capable of very high subsonic low altitude performance.

Designed and manufactured by CEi at theirSacramento, California facility, the aircraft is propelled by a Microturbo turbojet engine from their Grand Prairie Texas facility and an avionics suite manufactured by Micro Systems, a Herley Industries company located in Ft. Walton Beach, Florida.

Aerial targets are utilized by armed forces around the world for weapons training and weapons testing purposes. They provide threat representative emulation of enemy aircraft and missile threats to armed forces. CEi currently provides the high performance BQM-167A aerial target system to the US Air Force for all subscale target missions at Tyndall AFB, Florida.

Herley Chairman and CEO, Myron Levy, commented, "Herley Industries has successfully teamed with CEi on a number of programs, and we are very happy to be associated with this important new platform."

Herley Industries, Inc. is a leader in the design, development and manufacture of microwave technology solutions for the defense, aerospace and medical industries worldwide. Based in Lancaster, PA, Herley has eight manufacturing locations and approximately 985 employees. Additional information about the company can be found on the Internet at www.herley.com

    For information at Herley contact:
    Peg Guzzetti
    Investor Relations
    (717) 735-8117
    www.herley.com

Safe Harbor Statement -- Except for the historical information contained herein, this release may contain forward-looking statements. Such statements are inherently subject to risks and uncertainties. When used in this report, words such as "anticipated," "believes," "could," "estimates," "expects," "may," "plans," "potential" and "intends" and similar expressions, as they relate to the Company or its management, identify forward-looking statements. Such forward-looking statements are based on the belief of the Company's management, as well as assumptions made by and information currently available to the Company's management. The Company's results could differ materially based on various factors, including, but not limited to, cancellation or deferral of customer orders, difficulties in the timely development of new products, difficulties in manufacturing, increased competitive pressures, the effects of the indictment of the Company and general economic conditions. The Company undertakes no obligation to update forward-looking statements as a result of future events or developments.

SOURCE Herley Industries, Inc.

Tags: Computers and Electronics, Aerospace and defense, Banking and Finance, High Tech, pennsylvania, california, florida

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Herley's Micro Systems, Inc. Supports CEi's Successful Supersonic Flight of New Aerial Target System