Acquisition of Aeroflex Inc. completed

PLAINVIEW, N.Y., 30 Aug. 2007. The Veritas Capital Fund III, L.P., Golden Gate Private Equity, and Goldman, Sachs & Co. have completed the previously announced acquisition of Aeroflex.

The merger was approved by Aeroflex's shareholders at a meeting on July 26. Aeroflex shareholders will receive $14.50 in exchange for the shares of Aeroflex common stock and will receive written instructions from the paying agent with respect to the proper method of exchanging stock certificates for the merger consideration.