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Company Press Release SOURCE: M-Wave, Inc. M-Wave to Release Earnings on April 25, 2000 BENSENVILLE, Ill., April 19 /PRNewswire/ -- M-Wave, Inc. (Nasdaq: MWAV - news), a manufacturer of high performance printed circuit boards used in wireless communications , announced today that it will release its first quarter earnings on Tuesday, April 25, 2000 at 2:00 pm Central time. The company also plans to have a conference call on Tuesday, April 25, 2000 at 4:00 pm Central time; at that time management will discuss the current and future goals of the company. M-Wave's quarterly conference call will also be broadcast on the Internet by Vcall. For information on how to ``attend' this virtual conference call, log in at vcall.com . Joseph A. Turek, chairman and chief executive officer said, ``We remain excited about our future in 2000 and are on track to exceed 1999 revenues by up to 100 percent with sales ranging from $15,000,000 to $25,000,000.' About M-Wave: Established in 1988 and headquartered in the Chicago suburb of Bensenville, Ill., M-Wave is a manufacturer of high performance printed circuits through its wholly-owned subsidiary, Poly Circuits. The company's products are used in a variety of telecommunications applications for wireless and Internet communications. M-Wave services customers like Lucent Technologies and Motorola, Inc. with its patented bonding technology, Flexlink IITM. The company trades on the Nasdaq SmallCap market under the symbol ``MWAV.' Visit the company on its web site at www.mwav.com. This news release contains a forward-looking statement regarding revenue expectations that involves a number of risks and uncertainties. While this outlook represents our current judgment on the future direction of the business, such risks and uncertainties could cause actual results to differ materially from any future performance suggested above. Factors that could cause actual results to differ include the following: dependence on suppliers and subcontractors for circuit board components; successful award of contracts under bid; a highly competitive environment; design and production delays; cancellation or reductions of contract orders; effective utilization of existing and new manufacturing resources; pricing pressures by key customers; and other factors detailed in the company's Securities and Exchange Commission filings. For more information on M-Wave via fax, free of charge, dial 1-800-PRO-INFO and enter the ticker ``MWAV' SOURCE: M-Wave, Inc.