For more information, contact:

Debra Seifert Communications LLC Aeroflex Limited (US) Debra Seifert: +1 (503) 626-7539 Rachel Atack debra@debraseifert.com+44 (0)1438 742200 (Europe) Helen Duncan: +44 (0)7765 250610 rachel.atack@aeroflex.com helen@debraseifert.comMark Lambe

+353 86-388-6030 mark.lambe@aeroflex.com

FOR PRINT AND ONLINE RELEASE: April 16, 2014 Dell Selects Aeroflex's TeraVM to Showcase Virtual Network Function Readiness

Aeroflex and Dell to demonstrate the readiness of Dell's Red Hat OpenStack cloud- managed platform for Virtual Network Functions at Red Hat Summit

STEVENAGE, UK and SAN FRANCISCO, Calif.- April 16, 2014- Aeroflex Limited, a wholly owned subsidiary of Aeroflex Holding Corp. (NYSE:ARX), announced today that Dell has chosen TeraVM™, a virtualized IP test solution, to demonstrate the readiness of the Dell ecosystem for Virtual Network Functions

(VNF). The demonstration will take place at the Red Hat Summit in San Francisco on
April 14 - 17, 2014.
"TeraVM is an excellent solution available today which enables us prove that virtual network functions on cloud platforms are of an acceptable quality and highly performing", commented Franklin Flint, Global Telecommunications Strategist and Marketing Director, Dell OEM Solutions, "TeraVM has enabled us to show without doubt, that the software-based VNFs on the COTS1 cloud platform are not only operational but in most cases exceed the performance of an equivalent network
product on proprietary hardware".

1 Commercial Off the Shelf

Dell Selects Aeroflex's TeraVM to Showcase Virtual Network Function Readiness 2
"Dell's acceptance of TeraVM as a VNF not only demonstrates how traditional networking technology is changing, but more importantly shows that network performance testing is evolving to be a service entity in carrier networks," said Mark Lambe of Aeroflex. "We are really excited by the recognition we have received from Dell, but more so by them selecting us to be part of Dell's cloud ecosystem for
NFV2."
TeraVM is a virtualized test solution that is orchestrated through Red Hat's OpenStack cloud operating system as a VNF. TeraVM enables advanced network and application performance test and measurement on a per flow basis. TeraVM facilitates functional verification of the cloud operating system, dedicated network and traffic policy settings. TeraVM is also used to verify the performance of application traffic services with dedicated: compute, networking, and storage, ensuring no quality degradation to potential users of the cloud and service.

Availability

For more information, contact your local Aeroflex sales office by visiting or calling Aeroflex Sales at (800) 835-2352 [US], +44 (0)1438 742200 [UK] or info- test@aeroflex.com.

About Dell

Dell Inc. listens to customers and delivers innovative technology and services that give them the power to do more. For more information, visit www.dell.com.

About TeraVM

TeraVM™ helps service providers and network equipment manufacturers load, analyze, develop, and validate the performance and capabilities of a wide variety of network and security devices including VPN/Firewall, vSwitch, DPI or IPS/IDS, vLoad Balancer, and video infrastructure. Additionally, TeraVM provides highly realistic and very high load traffic generation and analysis from 1 Gigabit to 1
Terabit of fully stateful data application traffic, with comprehensive measurement and

2 Network Function Virtualization

Dell Selects Aeroflex's TeraVM to Showcase Virtual Network Function Readiness 3
performance analysis on each and every application flow to easily pinpoint and isolate problems. TeraVM is a brand name of Shenick Network Systems, which was acquired by Aeroflex in February 2014.

About Aeroflex

Aeroflex Holding Corp. is a leading global provider of high performance microelectronic components, and test and measurement equipment used by companies in the space, avionics, defense, commercial wireless communications,
medical and other markets.

Forward Looking Statements

All statements other than statements of historical fact included in this press release regarding Aeroflex's business strategy, financial results and plans and objectives of its management for future operations are forward-looking statements. When used in this press release, words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to Aeroflex or its management, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of Aeroflex's management, as well as assumptions made by and information

currently available to its management. Actual results could differ materially from those contemplated

by the forward-looking statements as a result of certain factors, including but not limited to, adverse developments in the global economy; changes in government spending; dependence on growth in customers' businesses; the ability to remain competitive in the markets Aeroflex serves; the inability to continue to develop, manufacture and market innovative, customized products and services that meet customer requirements for performance and reliability; the failure of suppliers to provide raw materials and/or properly functioning component parts; the inability to meet covenants contained in debt agreements; the termination of key contracts, including technology license agreements, or loss of key customers; the inability to protect intellectual property; the failure to comply with regulations such as International Traffic in Arms Regulations, the Foreign Corrupt Practices Act and Conflict Minerals regulations, and any changes in regulations; the failure to realize anticipated benefits from completed acquisitions, divestitures or restructurings, or the possibility that such acquisitions, divestitures or restructurings could adversely affect Aeroflex; the loss of key employees; exposure to foreign currency exchange rate risks; and terrorist acts or acts of war. Such statements reflect the current views of management with respect to the future and are subject to these and other risks, uncertainties and assumptions. Aeroflex does not undertake any obligation to update such forward-looking statements. Any projections in this release are based on limited information currently available to Aeroflex, which is subject to change. Although any such projections and the factors influencing them will likely change, Aeroflex will not necessarily update the information, since Aeroflex will only provide guidance at certain points during the year.

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