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REMEC Engages New Auditor

SAN DIEGO--(BUSINESS WIRE)--Dec. 7, 2004--REMEC, Inc. (Nasdaq:REMC) today announced that the Company's audit committee has engaged Squar Milner Reehl Williamson LLP as the Company's new independent accountant. As previously announced, Ernst & Young, LLP is resigning as the Company's independent accounting firm effective no later than completion of its review of the Company's interim financial information for the three months and nine months ended October 29, 2004. Squar Milner is one of the largest auditing firms based in California serving over 20 publicly held companies in the telecommunication, technology and manufacturing services industries.

About REMEC

REMEC is a designer and manufacturer of high frequency subsystems used in the transmission of voice, video and data traffic over wireless communications networks and in space and defense electronics applications.

About Squar Milner

Squar Milner's core practice is dedicated to middle market public and private companies. Squar Milner has spent the last 20 years in this niche, serving diverse industries including high-tech, finance, real estate, and entertainment. Squar Milner is an independent member of BKR International, a global association of 128 independent accounting and business advisors in 300 locations worldwide.

Forward-looking Statements

Statements in this press release that are not historical are forward-looking statements, which involve known and unknown risks and uncertainties. Actual results could differ materially from those implied by such forward-looking statements due to a variety of factors, including, general and industry economic conditions, competition, development factors, operating costs and other risks and uncertainties that are detailed from time to time in our filings with the Securities and Exchange Commission.

CONTACT:
REMEC, Inc.
Marie Castro, 858-505-3399

SOURCE: REMEC, Inc.

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