Symmetricom Announces Agreement to Acquire Assets of Brilliant Telecommunications, Inc.

Symmetricom®, Inc. (NASDAQ:SYMM), a worldwide leader in precise time and frequency technologies, today announced that it has entered into an agreement to acquire certain assets of Brilliant Telecommunications, Inc. including all of its intellectual property, for a cash purchase price of $3.5M. Symmetricom will pay an additional $2.3M in cash if certain milestones are achieved within six months of closing. The closing of the transaction is subject to customary closing conditions. Based in Campbell, California, Brilliant Telecommunications has developed a family of network timing, management and synchronization solutions, which addresses emerging communications trends such as IP backhaul and the femtocell market segment.

Symmetricom will immediately begin to support Brilliant’s customers and strategic partners following the close of the transaction.

“Synchronization and timing are increasingly critical considerations in the ongoing migration to Carrier IP networks,” said James Armstrong, Executive Vice President and General Manager of the Communications Business Unit. “This acquisition augments our leadership in network timing and synchronization solutions.”

“My team and I are very pleased to join Symmetricom to expand the company’s communications market opportunities,” commented Dr. Charles Barry, President and Founder of Brilliant Telecommunications. “The resulting technology suite will provide unmatched breadth and capability for high performance synchronization solutions.”

Symmetricom plans to integrate the acquired Brilliant technology, products and employees into the company’s Communications Business Unit.

Symmetricom expects to incur approximately $2.3 million in integration-related charges and anticipates the transaction to be accretive in the first quarter of fiscal 2012.

About Symmetricom, Inc.

Symmetricom (NASDAQ: SYMM), a world leader in precise time solutions, sets the world’s standard for time. The company generates, distributes and applies precise time for the communications, aerospace/defense, IT infrastructure and metrology industries. Symmetricom’s customers, from communications service providers and network equipment manufacturers to governments and their suppliers worldwide, are able to build more reliable networks and systems by using the company’s advanced timing technologies, atomic clocks, services and solutions. All products support today’s precise timing standards, including GPS-based timing, IEEE 1588 (PTP), Network Time Protocol (NTP), Synchronous Ethernet and DOCSIS® timing. Symmetricom is based in San Jose, Calif., with offices worldwide. For more information, visit: www.symmetricom.com.

Safe Harbor

This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and is subject to the safe harbor created by those sections. These forward-looking statements include, among others, statements concerning expected integration-related charges and the expected impact of the acquired business on operating performance. The statements in this press release are made as of the date of this press release, even if subsequently made available by Symmetricom on its website or otherwise. Symmetricom’s actual results could differ materially from those projected or suggested in these forward-looking statements. Factors that could cause future actual results to differ materially from the results projected in or suggested by such forward-looking statements include: our ability to integrate the acquired business as expected, reduced rates of demand for telecommunication products, customer acceptance of new products, recessionary pressures, and the risk factors listed from time to time in Symmetricom’s reports filed with the Securities and Exchange Commission, including the annual report on Form 10-K for the fiscal year ended June 27, 2010 and subsequent Form 10-Q’s and 8-K’s.

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