Endwave exceeds revenue guidance for Q4 2007

As a result, revenues for the entire 2007 fiscal year will be approximately $56.5 million. In addition, Endwave had cash and investments of approximately $49 million at the end of the fourth quarter, reflecting cash used by the company to repurchase 2,502,247 of its shares from the Wood River Funds on December 24, 2007 offset by cash generated from operations.

"We are pleased to have exceeded our revenue guidance as the impact of the merger of our two largest customers seems to be normalizing, and as discussed in our last conference call we expect to see meaningful revenue growth in 2008," said Ed Keible, Endwave's CEO and President. "This revenue growth, in conjunction with the recent resolution of the Wood River situation, gives us a renewed sense of optimism for the new fiscal year."

Endwave Corporation cautions that its anticipated results are preliminary based on the best information currently available and subject to completion of preparation of the financial statements and the audit of its year-end financial results.

Endwave Corporation will report financial results for the fourth quarter and full year ended December 31, 2007 on Tuesday, February 5, 2008 at 1:30 p.m. Pacific Time (PT). Endwave will release the company's financial results at approximately 1 p.m. PT on the same day.

http://www.endwave.com