High Performance Mixed-Signal Solutions from Aeroflex

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High Performance Mixed-Signal Solutions from Aeroflex We Connect the REAL World to the Digital World Solution-Minded Performance-Driven Customer-Focused

Aeroflex (NASDAQ:ARXX) Corporate Overview Diversified Microelectronics and Testing Manufacturer FY2006 Revenues of $552M Business Segments: AMS - Aeroflex Microelectronic Solutions Aeroflex Colorado Springs ASIC, Standard Products, CCA, Mixed-Signal ATS - Aeroflex Test Solutions Approximately 2,600 employees worldwide Founded in 1937 Headquarters in Plainview, NY 20 October 2006 Aeroflex Colorado Springs - Mixed-Signal 2

High Added Value Aeroflex Custom Mixed-Signal Products offer high performance, high density, high reliability solutions that: improveperformance differentiate our customers products savepower, size and weight work reliably improvesecurity reduce overall system cost 20 October 2006 Aeroflex Colorado Springs - Mixed-Signal 3

Mixed-Signal Block Diagram Sensor Sensor // Transducer sensitive low-level analog Real World Input Temperature, Audio, Audio, Pressure, Light, Light, Magnetism, X-Rays Low Noise Amplification line-level analog Signal Signal Conditioning & Filtering clean analog Digitization & Data Conversion raw digital DATA Media Media Access Access & Communication Communication modulated DATA control signals Power Power Management low power standby modes Embedded Controller Memory (RAM, (RAM, EEPROM, ROM, ROM, Fuses) Fuses) program, calibration, serialization, production trim 20 October 2006 Aeroflex Colorado Springs - Mixed-Signal 4

Product Example: Imaging Read-Out IC (ROIC) Massively Parallel ADC Channels >128 ADC Channels Run Concurrently 19 bit resolution (18 ENOB) Input Offset Current Cancellation < 2pA rms input-referred noise <4.5mW/channel >-110dB Channel Isolation at 1kHz Low-Cost, Standard CMOS Technology 2.5V +/-0.1% Reference <10ppm/ C (20 C-40 C) 20 October 2006 Aeroflex Colorado Springs - Mixed-Signal 5

Target Markets & Applications Medical Telemetry Industrial Smart Sensors Automotive Sensors Smart Wireless Sensor Networks Automatic Test Equipment High End Audio Hearing Aids Specialized Imaging Infrared, Machine Vision Rotational/Positional Encoding POS, Magnetic Stripe, RFID Industrial Communication Networks 20 October 2006 Aeroflex Colorado Springs - Mixed-Signal 6

Mixed-Signal Program Flow & Tools RFQ/RFI Purchase Order System Requirements Spec Approval Customer Input Intellectual Property Design Review Design Approval Prototype Approval Product Approval Evaluation Definition (PDR) Design & Layout (IDR) Floorplan/DRC/LVS (CDR) Characterization/Qualification Production Release Experience Cost Model Quotation Design Library & IC Expertise Specification IP, Library, Design Tools CADENCE, MENTOR Schematics & Layout GDSII Tape-out Wafer Fabrication & Packaging Prototypes Char/Qual Reports Design Tools CADENCE, MENTOR Foundry Partners Assembly Partners Aeroflex Input Qualification Plan Characterization Plan Test Plan/Program/Hardware Production Units 20 October 2006 Aeroflex Colorado Springs - Mixed-Signal 7

Extensive Mixed-Signal Development Expertise 3 Aeroflex Design Centers: Aliso Viejo, CA, Colorado Springs, CO, Grass Valley, CA Strong and Growing Development Team 25 Experienced Development Engineers Test & Characterization Experts More Than 225 Man-Years Design Experience in Flash/Pipelined Converters to 250MSPS Σ Converters to 22 Bits High Frequency/Low Noise Design Mixed-Signal Design Embedded Processors/System on Chip Embedded Memories RAM & NV Complex Digital Systems Design Analog Layout Floorplanning, Routing & Finishing Prototype Bench Evaluation & Debug Product Characterization 20 October 2006 Aeroflex Colorado Springs - Mixed-Signal 8

System-on-Chip Design Library Examples Signal Processing Switched Capacitor Filters Custom DSP Instrumentation Amplifiers Data Conversion Speeds to100mhz Resolutions To 20bits Sigma Delta ADC Flash ADC Successive Approximation Power Management Voltage Regulators Band-gap Reference Clock Generation RC and Crystal Oscillators Phase-Locked Loop (PLL) Frequency Generator Delay-Locked Loop (DLL) Embedded Control ARM9 & ARM7 8051 68HC11 Watchdog Circuit UART Memories Flash (To >40MHz) EEPROM SRAM Multi-port RAM FIFO ROM Interface USB2.0, USB1.1 IEEE 1394 PCI LVDS Serial Bus (I 2 S, I 2 C, SPI) RS-232 (+/-5V And +/-10V) RS-485 Self-powered Circuits RFID 20 October 2006 Aeroflex Colorado Springs - Mixed-Signal 9

Full Service IC Development One-Stop Shopping: All design & layout performed in-house Flexible Design Interface World Class Foundry Partners Mixed-Signal, High Voltage & RF CMOS to 0.18µm BiCMOS to 0.18µm Digital CMOS to 0.18µm QML-V/QML-Q/AS9000/ISO-9001 Certified In-House Test and Assembly for Fast Prototyping Custom Packaging Experts Passive Attach, MCP, Stacked Die, Custom Substrate Design Class 100 Assembly Clean Room for Hermetic Packages Test Floor with Digital, Memory & Mixed-Signal ATE Fully Equipped On-Site FA Lab World Class Production Test/Assembly Partners Leading Edge Package Technology High Volume Pricing 20 October 2006 Aeroflex Colorado Springs - Mixed-Signal 10

Customer-Focused Program Management Dedicated Program Managers Assigned Cradle to Grave Responsibility Military/Aerospace Program Experience Exacting Customer Requirements & Timetables Real-Time, Password Protected Customer Web Access Specifications Simulation Data Weekly Action Item Logs Real Time Schedule Report Wafer Lot Status 20 October 2006 Aeroflex Colorado Springs - Mixed-Signal 11

Ensuring First-Pass Success Experience Our Mixed-Signal Team has Centuries of Experience We SPECIALIZE in High Performance Signal Processing Libraries & IP Maximize Cell Reuse Concentrate on Existing Fabrication Processes Test Chips When Possible, Prove Complicated Circuits in Silicon Prior to Chip Tapeout Programmability Anticipate Problem Areas Provide Metal-Only Circuit Adjustments Implement Fuses and/or EEPROM where possible 20 October 2006 Aeroflex Colorado Springs - Mixed-Signal 12

Aeroflex Mixed-Signal Summary We Connect the REAL World to the Digital World Low-noise Analog Signal Processing High Dynamic Range Converters Precision References EXTREME System Integration Low Power As low as 2mW/channel Cost Effective Significant reduction over standard product solutions Embedded, Smart Plug & Sense Solutions Standard digital interfaces Analog signals do not leave integrated sensor product 20 October 2006 Aeroflex Colorado Springs - Mixed-Signal 13