Exhibit 99.1

Anaren Acquires RF Power Components, Inc. And Announces 3 for 2 Stock Split

      SYRACUSE,  N.Y.,  March 2  /PRNewswire/  -- Anaren  Microwave,  Inc. today
announced  that it has acquired all the  outstanding  capital  stock of RF Power
Components, Inc., a privately held Long Island, New York based Company. RF Power
is a leading  manufacturer  of coaxial and surface mount RF power  resistors and
attenuators  used  primarily  in  the  wireless   communications  market.  "This
acquisition  strengthens  and expands  Anaren's  microwave  power  product  line
enabling the Company to more broadly  serve our  Wireless OEM  customers,"  said
Lawrence A. Sala,  Anaren  President and CEO. This acquisition will be accounted
for as a purchase transaction.

      Anaren also  announced  today that the  Company's  Board of Directors  has
authorized  a  three-for-two  stock  split,  to be  effected in the form of a 50
percent  stock  dividend  payable  to  shareholders  of record on May 12,  2000.
Certificates  representing the additional shares resulting from the dividend are
expected to be mailed on or June 9, 2000.

      Statements  contained  in this  news  release  which  are  not  historical
information  are  "forward-looking  statements"  pursuant  to  the  safe  harbor
provisions  of the  Private  Securities  Litigation  Reform  Act of 1995.  These
statements  involve risks and uncertainties that are described in more detail in
Anaren's annual report and in Anaren's Form 10-K and 10-Q reports,  and exhibits
to those  reports  filed with the  Securities  and Exchange  Commission.  Anaren
designs,   develops,   manufactures  and  sells  highly   integrated   microwave
components, assemblies and subsystems for the wireless communications, satellite
communications and defense electronics markets.