WTT Wireless Telecom

Wireless Telecom Group, Inc. (AMEX Symbol: WTT) announced today that Glass Lewis & Co., a leading independent proxy advisory firm, has recommended that WTT shareholders vote for WTT's proposed acquisition of Willtek Communications GmbH and the issuance of 8,000,000 shares of WTT's common stock to Willtek's shareholders in the acquisition at WTT's 2005 Annual Meeting of Shareholders to be held on June 24, 2005. Glass Lewis & Co. is an analytical research and proxy advisory firm providing services to institutional investors. Its recommendation is consistent with that of Institutional Shareholder Services, which on June 2, 2005 recommended that WTT shareholders vote in favor of the proposed transaction. In making its recommendation, Glass Lewis stated in its June 15, 2005 report: "WTT is acquiring Willtek to build its revenue streams by increasing its product portfolio and establish a stronger foothold in Europe and Asia. The (acquisition) is taking place between two similar sized companies with comparable technologies which will lead to cost and product synergies going forward. Procedurally, WTT has acted reasonably in pursuing (the transaction). WTT engaged financial and legal advisors and conducted thorough due diligence. Importantly, after Willtek missed its financial targets, (WTT) renegotiated the value of the (acquisition) agreement. The combination affords the firm a considerable amount of cost savings and an opportunity to pursue foreign markets. We note that the transaction will be dilutive, however, WTT will gain a significant amount of revenue from Willtek (approximately 44% of the combined sales) which is critical for small technology companies. In return, Willtek shareholders have been offered a lower equity stake, 31.4%. Thus, despite our noted concerns, we believe that the proposed transaction warrants shareholder approval. Therefore, we recommend that shareholders vote for this proposal." * As previously announced, on March 29, 2005, WTT entered into an amended and restated stock purchase agreement with Willtek, a leading German supplier of testing solutions for emerging wireless services and cellular networks, and each of Willtek's two shareholders, under which the Willtek shareholders agreed to sell to WTT all of the outstanding share capital of Willtek, in exchange for 8,000,000 newly issued shares of WTT's common stock. Based on the number of shares of WTT's common stock outstanding on the record date for the Annual Meeting, immediately following completion of the acquisition, the Willtek shareholders will own in the aggregate approximately 31.4% of WTT's outstanding common stock. Based on the $2.61 closing price of a share of WTT's common stock on June 15, 2005, the dollar value of the acquisition consideration is approximately $20.9 million. The actual dollar value of the acquisition consideration on the closing date of the proposed acquisition may be more or less than such amount. Approval of the acquisition and the issuance of WTT's common stock in the acquisition is required before the transaction can be completed. Approval of the transaction requires the affirmative vote of a majority of the votes cast on the matter at the Annual Meeting. If approved by WTT shareholders at the Annual Meeting, the transaction is expected to be completed on July 1, 2005. As WTT noted in its definitive proxy statement that it recently mailed to its shareholders, WTT's board of directors urges all shareholders who have not already done so to vote for the transaction by signing, dating and returning their proxy cards today, whether or not they plan to attend the Annual Meeting in person. WTT shareholders who have questions or need assistance voting their shares may call WTT's proxy solicitor, D.F. King & Co., Inc., toll free at (800) 769-7666. In its report issued on June 15, 2005, Glass Lewis also recommended that WTT shareholders vote to approve the proposal that would give WTT the authority to adjourn the Annual Meeting if there are not sufficient votes to approve the transaction and related items. * Permission to use quotation neither sought nor obtained. Wireless Telecom Group, Inc. is a global provider of electronic noise generation equipment in the telecommunications field. Boonton Electronics, a wholly owned subsidiary, is a leader in the manufacture of test equipment dedicated to measuring the power of RF and Microwave systems used in multiple telecommunication markets. Microlab/FXR, a wholly owned subsidiary, is a global provider of passive microwave components including power splitters, directional couplers and filters. These products are employed as system components in commercial applications such as wireless base stations for cellular, paging and private communications, in-building wireless signal distribution, television transmitters and aircraft navigation landing systems. Microlab/FXR products are also used in military systems such as electronic countermeasures and missile guidance. Except for historical information, the matters discussed in this news release may be considered "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include declarations regarding the intent, belief or current expectations of WTT and its management. . The words "believes", "expects", "anticipates", "estimates", and similar words or expressions are generally intended to identify forward-looking statements. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties that could materially affect actual results. Such risks and uncertainties are identified in WTT's definitive proxy materials, dated May 9, 2005, and certain other filings made with the Securities and Exchange Commission.