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REMEC, Inc. Announces Cash Distribution of $0.75 per Share

SAN DIEGO--(BUSINESS WIRE)--Oct. 19, 2006--REMEC, Inc. (OTCBB:REMC) today announced that its Board of Directors has approved a cash distribution of $0.75 per share to shareholders of record as of November 1, 2006. The payment date is expected to be on or about November 8, 2006.

About REMEC, Inc.

REMEC is located at 3790 Via de la Valle, Del Mar, CA 92014. For more information, visit the company's website at www.remec.com or call (858) 259-4302.

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, risks relating to resolution of residual liabilities and obligations, 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, 858-847-0265

SOURCE: REMEC, Inc.

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