Merrimac Elects President of Stevens Institute of Technology to Board

WEST CALDWELL, NJ (June 7, 2001) - Merrimac Industries, Inc. (AMEX: MRM), a leader in the design and manufacture of RF Microwave components, assemblies and Micro-Multifunction (MMFM®) Modules, today announced the election of Dr. Harold J. Raveché, President of Stevens Institute of Technology, to its Board of Directors.

As President of Stevens Institute of Technology, Dr. Harold J. Raveché has worked regularly with leaders of industry and government to better the research opportunities for the institute and the many communities it serves. During his presidency, the University has obtained the largest research contracts in its history.

As an internationally recognized technology expert, Dr. Raveché is a frequent speaker, guest columnist and broadcast commentator on education and technology throughout the world. He and his faculty often work closely with major telecommunications industry leaders and corporations in providing strategic technical guidance and direction.

Mason N. Carter, Chairman and CEO of Merrimac stated, "Dr. Raveché is a rather unique individual combining technological innovation with astute business acumen. He leads Stevens Institute of Technology in its strategic direction called Technogenesis^TM, which is the educational frontier wherein faculty, students and colleagues in business and industry jointly nurture technology, from conception and design, to marketplace realization. His contribution to the Board will be extremely valuable as we grow and expand our commercial, satcom and defense business and continue our quest to identify and to develop further enabling technologies."

Carter further stated, "It is with pleasure that we welcome Hal to our Board and we look forward to his insights and guidance. His appointment adds to a Board of Directors that provides our Company with broad expertise and commitment to Merrimac shareholders."

About Merrimac

Merrimac Industries, Inc. is a leader in the design and manufacture of RF Microwave components, assemblies and Micro-Multifunction (MMFM®) Modules serving the wireless telecommunications industry worldwide with enabling technologies for commercial applications. Merrimac is focused on providing Total Integrated Packaging Solutions^TM with Multi-Mix® Microtechnology, a leading edge competency providing value to our customers through miniaturization and integration. The Multi-Mix® process for microwave, multilayer integrated MMFM® circuits is a patented method developed at Merrimac Industries based on fluoropolymer composite substrates. The fusion bonding of multilayer structures provides a homogeneous dielectric medium for superior electrical performance at microwave frequencies. The bonded layers may incorporate embedded semiconductor devices, MMICs, etched resistors, passive circuit elements and plated-through via holes to form a three-dimensional subsystem enclosure that requires no further packaging. Merrimac Industries, Inc. is ISO 9001 certified.

Merrimac Industries, Inc. and its subsidiary Filtran Microcircuits Inc., with locations in West Caldwell, NJ, San Jose, Costa Rica and Ottawa, Ontario, Canada, have approximately 260 co-workers dedicated to the design and manufacture of signal processing components, gold plating of high frequency microstrip, bonded stripline and thick metal-backed Teflon (PTFE) micro-circuitry and subsystems providing Total Integrated Packaging Solutions^TM wireless applications. Merrimac (MRM) is listed on the American Stock Exchange. For more information about Merrimac Industries, visit its home page at www.merrimacind.com.

This press release contains statements relating to future results of the Company (including certain projections and business trends) that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to: general economic and industry conditions; slower than anticipated penetration into the satellite communications, defense and wireless markets; the risk that the benefits expected from the acquisition of Filtran Microcircuits Inc. are not realized; the ability to protect proprietary information and technology; competitive products and pricing pressures; the risk that the Company will not be able to continue to raise sufficient capital to expand its operations as currently contemplated by its business strategy; risks relating to governmental regulatory actions in communications and defense programs; risks associated with demand for and market acceptance of existing and newly developed products; and inventory risks due to technological innovation and product obsolescence, as well as other risks and uncertainties, including but not limited to those detailed from time to time in the Company's Securities and Exchange Commission filings. These forward-looking statements are made only as of the date hereof, and the Company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

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Contacts

Mason N. Carter, Chairman and CEO,
Tel: 973.575.1300, Ext. 1202; Fax: 973.882.5989
E-mail: mnc@merrimacind.com