SAN JOSE, Calif. — Aug. 18, 2005 — Symmetricom, Inc. (NASDAQ: SYMM), a worldwide leader in precise time and frequency products and services, today announced that its board of directors has approved the repurchase of up to an additional two million shares of the Company’s common stock under its stock purchase program.  The total amount now authorized for repurchase is approximately 2.6 million shares pursuant to a repurchase program established in fiscal 2002, of which approximately 0.6 million shares remained available for repurchase as of June 30, 2005.  There were approximately 46.3 million shares of Symmetricom common stock outstanding as of June 30, 2005.

The repurchase program provides for buying stock on the open market or through negotiated transactions and retiring the shares to the Company’s treasury. The Company will determine the timing, the price and the number of shares to be repurchased under the program. The Company is not obligated to repurchase any shares and the stock repurchase program can be terminated at any time.

“We believe that the ability to repurchase additional shares provides us a means to return value to our stockholders,” said Thomas Steipp, president and CEO of Symmetricom. “Additionally, the strength of the Company’s cash flow and balance sheet allows us to increase the stock repurchase program without limiting our ability to invest in the growth of the business.”