UNITED STATES SECURITIES AND EXCHANGE COMMISSIONWASHINGTON, D.C. 20549



FORM 10-Q

|(Mark One)
|----------
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|x         
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|          
|          
|OR        
|          
|o         
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Commission file number1-11916

_____________

WIRELESS TELECOM GROUP, INC.(Exact name of registrant as specified in its charter)

|New Jersey                                         |  | 22-2582295         
|-------------------------------------------------- |  | -------------------
|(State or Other Jurisdiction                       |  | (I.R.S. Employer   
|of Incorporation or
          Organization)        |  | Identification No.)
|25 Eastmans Road                                   |  |                    
|Parsippany, New Jersey                             |  | 07054              
|(Address of Principal
          Executive Offices) |  | (Zip Code)         

(973) 386-9696(Registrants Telephone Number, Including Area Code)Not Applicable(Former Name, Former Address and Former Fiscal Year, if Changed Since Last Report)

_____________

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.   YesxNoo

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company (see the definitions of large accelerated filer, accelerated
filer and smaller reporting company in Rule 12b-2 of the Exchange Act). (Check one):

|Large accelerated filero |  | Accelerated filero |  | Non-accelerated filero |  | Smaller reporting companyx
|------------------------ |  | ------------------ |  | ---------------------- |  | --------------------------

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).YesoNoxNumber of shares of Common Stock outstanding as of May 13, 2008: 25,658,203Number of non-affiliated shares of Common Stock outstanding as of May 13, 2008: 19,112,637

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WIRELESS TELECOM GROUP, INC.Table of Contents

|PART I.
        FINANCIAL INFORMATION                                        |  | Page(s) | 
|---------------------------------------------------------------------------- |  | ------- | 
|                                                                             |  |         | 
|Item
        1 -- Consolidated Financial Statements:                         |  |         | 
|                                                                             |  |         | 
|Condensed
        Balance Sheets as of March 31, 2008 (unaudited)            |  |         | 
|and
        December 31, 2007                                                |  | 3       | 
|                                                                             |  |         | 
|Condensed
        Statements of Operations for the Three Months              |  |         | 
|Ended
        March 31, 2008 (unaudited) and 2007 (unaudited)                |  | 4       | 
|                                                                             |  |         | 
|Condensed
        Statements of Cash Flows for the Three Months              |  |         | 
|Ended
        March 31, 2008 (unaudited) and 2007 (unaudited)                |  | 5       | 
|                                                                             |  |         | 
|Notes
        to Interim Condensed Financial Statements (unaudited)          |  | 6 - 12  | 
|                                                                             |  |         | 
|Item
        2 -- Management's Discussion and Analysis of Financial          |  |         | 
|Condition
        and Results of Operations                                  |  | 13  16 | 
|                                                                             |  |         | 
|Item
        3 -- Quantitative and Qualitative Disclosures About Market Risk |  | 17      | 
|                                                                             |  |         | 
|Item
        4 -- Controls and Procedures                                    |  | 17      | 
|                                                                             |  |         | 
|PART II. OTHER INFORMATION                                                   |  |         | 
|                                                                             |  |         | 
|Item
        1 -- Legal Proceedings                                          |  | 18      | 
|                                                                             |  |         | 
|Item
        1A  Risk Factors                                               |  | 18      | 
|                                                                             |  |         | 
|Item
        2  Unregistered Sales of Equity Securities and Use of Proceeds |  | 18      | 
|                                                                             |  |         | 
|Item
        3 -- Defaults upon Senior Securities                            |  | 18      | 
|                                                                             |  |         | 
|Item
        4 -- Submission of Matters to a Vote of Security Holders        |  | 18      | 
|                                                                             |  |         | 
|Item
        5 -- Other Information                                          |  | 18      | 
|                                                                             |  |         | 
|Item
        6  Exhibits                                                    |  | 18      | 
|                                                                             |  |         | 
|                                                                            
|Signatures                                                                   |  | 19      | 
|                                                                             |  |         | 
|Exhibit Index                                                                |  | 20      | 

2

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PART 1  FINANCIAL INFORMATION

Item 1  Financial Statements

WIRELESS TELECOM GROUP, INC.CONDENSED CONSOLIDATED BALANCE SHEETS- ASSETS -

|                                                                               |  | March
          31, |            | DECEMBER
        31,
|------------------------------------------------------------------------------ |  | ------------------- | ---------- | --------------------
|                                                                               |  | 2008                |            | 2007                
|                                                                               |  | (unaudited)         |            |                     
|CURRENT ASSETS:                                                                |  |                     |            |                     
|Cash
        and cash equivalents                                              |  | $                   | 10,287,948 |                     
|Accounts
        receivable - net of allowance for doubtful accounts of        |  |                     |            |                     
|$172,873
        and $139,553 for 2008 and 2007, respectively                  |  |                     | 9,347,260  |                     
|Inventories                                                                    |  |                     | 10,613,783 |                     
|Deferred
        income taxes-current                                          |  |                     | 166,180    |                     
|Prepaid
        expenses and other current assets                              |  |                     | 1,014,229  |                     
|TOTAL CURRENT ASSETS                                                           |  |                     | 31,429,400 |                     
|PROPERTY, PLANT AND
          EQUIPMENT - NET                                  |  |                     | 6,376,054  |                     
|OTHER ASSETS:                                                                  |  |                     |            |                     
|Goodwill                                                                       |  |                     | 24,113,284 |                     
|Other
        intangible assets - net                                          |  |                     | 11,255,000 |                     
|Deferred
        income taxes - non-current                                    |  |                     | 633,090    |                     
|Cash
        surrender value of foreign pension insurance and other assets     |  |                     | 4,574,145  |                     
|TOTAL OTHER ASSETS                                                             |  |                     | 40,575,519 |                     
|TOTAL ASSETS                                                                   |  | $                   | 78,380,973 |                     
|                                                                              
|- LIABILITIES
          AND SHAREHOLDERS' EQUITY -                            
|CURRENT LIABILITIES:                                                           |  |                     |            |                     
|Accounts
        payable                                                       |  | $                   | 2,479,807  |                     
|Accrued
        expenses and other current liabilities                         |  |                     | 3,992,482  |                     
|Current
        portion of note payable - bank                                 |  |                     | 206,822    |                     
|Income
        tax payable                                                     |  |                     | 118,355    |                     
|Current
        portion of mortgage payable                                    |  |                     | 55,554     |                     
|TOTAL CURRENT LIABILITIES                                                      |  |                     | 6,853,020  |                     
|LONG TERM LIABILITIES:                                                         |  |                     |            |                     
|Notes
        payable - bank                                                   |  |                     | 2,275,042  |                     
|Deferred
        income taxes                                                  |  |                     | 3,962,376  |                     
|Mortgage
        payable                                                       |  |                     | 2,879,146  |                     
|Deferred
        rent payable                                                  |  |                     | 104,646    |                     
|Provision
        for pension liability and other long term liabilities        |  |                     | 2,010,088  |                     
|TOTAL LONG TERM LIABILITIES                                                    |  |                     | 11,231,298 |                     
|COMMITMENTS AND CONTINGENCIES                                                  |  |                     |            |                     
|SHAREHOLDERS' EQUITY:                                                          |  |                     |            |                     
|Preferred
        stock, $.01 par value, 2,000,000 shares authorized,          |  |                     |            |                     
|none
        issued                                                            |  |                     | -          |                     
|Common
        stock, $.01 par value, 75,000,000 shares authorized, 28,753,861 |  |                     |            |                     
|shares
        issued for 2008 and 2007, 25,756,908 and                        |  |                     |            |                     
|25,954,161
        shares outstanding for 2008 and 2007, respectively          |  |                     | 287,539    |                     
|Additional
        paid-in-capital                                             |  |                     | 36,903,829 |                     
|Retained
        earnings                                                      |  |                     | 30,689,017 |                     
|Accumulated
        other comprehensive income (loss)                          |  |                     | (182,362   | )                   
|Treasury
        stock at cost, 2,996,953 and 2,799,700 shares for 2008        |  |                     | -          |                     
|and
        2007, respectively                                                 |  |                     | (7,401,368 | )                   
|TOTAL SHAREHOLDERS'
          EQUITY                                           |  |                     | 60,296,655 |                     
|TOTAL LIABILITIES
          AND SHAREHOLDERS' EQUITY                           |  | $                   | 78,380,973 |                     

See accompanying notes

3

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WIRELESS TELECOM GROUP, INC.CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(unaudited)

|                                                          |  | For the
        Three Months
|--------------------------------------------------------- |  | ----------------------------
|                                                          |  | Ended
        March 31,     
|                                                          |  | 2008                        
|                                                          |  |                             
|NET SALES                                                 |  | $                           
|                                                          |  |                             
|COST OF SALES                                             |  |                             
|                                                          |  |                             
|GROSS PROFIT                                              |  |                             
|                                                          |  |                             
|OPERATING EXPENSES                                        |  |                             
|Research
        and development                          |  |                             
|Sales
        and marketing                               |  |                             
|General
        and administrative                        |  |                             
|TOTAL OPERATING EXPENSES                                  |  |                             
|                                                          |  |                             
|OPERATING INCOME
          (LOSS)                         |  |                             
|                                                          |  |                             
|OTHER (INCOME) EXPENSE                                    |  |                             
|Interest
        (income)                                 |  |                             
|Interest
        expense                                  |  |                             
|Other
        (income) - net                              |  |                             
|TOTAL OTHER (INCOME)
          EXPENSE                    |  |                             
|                                                          |  |                             
|INCOME (LOSS) BEFORE
          PROVISION FOR INCOME TAXES |  |                             
|                                                          |  |                             
|PROVISION FOR INCOME
          TAXES                      |  |                             
|                                                          |  |                             
|NET INCOME (LOSS)                                         |  | $                           
|                                                          |  |                             
|NET INCOME (LOSS)
          PER COMMON                    |  |                             
|SHARE:                                                    |  |                             
|                                                          |  |                             
|BASIC                                                     |  | $                           
|                                                          |  |                             
|DILUTED                                                   |  | $                           

See accompanying notes

4

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WIRELESS TELECOM GROUP, INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(unaudited)

|                                                                    |  | For the
        Three Months
|------------------------------------------------------------------- |  | ----------------------------
|                                                                    |  | Ended
        March 31,     
|                                                                    |  | 2008                        
|                                                                   
|CASH FLOWS FROM OPERATING
          ACTIVITIES                      |  |                             
|Net
        (loss) income                                           |  | $                           
|Adjustments
        to reconcile net (loss) income to net cash      |  |                             
|provided
        by (used for) operating activities:                |  |                             
|Depreciation
        and amortization                               |  |                             
|Amortization
        of purchased intangibles - net                 |  |                             
|Stock
        compensation expense                                  |  |                             
|Deferred
        rent                                               |  |                             
|Deferred
        income taxes                                       |  |                             
|Provision
        for (recovery from) losses on accounts receivable |  |                             
|Changes
        in assets and liabilities:                          |  |                             
|Accounts
        receivable                                         |  |                             
|Inventory                                                           |  |                             
|Prepaid
        expenses and other assets                           |  |                             
|Accounts
        payable and accrued expenses                       |  |                             
|Pension
        liability and other long-term liabilities           |  |                             
|Income
        taxes payable                                        |  |                             
|Net
          cash provided by (used for) operating activities      |  |                             
|                                                                   
|CASH FLOWS FROM INVESTING
          ACTIVITIES                      |  |                             
|Capital
        expenditures                                        |  |                             
|Proceeds
        from dispositions of property, plant and equipment |  |                             
|Net
          cash (used for) investing activities                  |  |                             
|                                                                   
|CASH FLOWS FROM FINANCING
          ACTIVITIES                      |  |                             
|Payments
        of mortgage note                                   |  |                             
|Acquisition
        of treasury stock                               |  |                             
|(Decrease)
        in note payable to shareholder                   |  |                             
|Proceeds
        from bank loan                                     |  |                             
|Net
          cash (used for) financing activities                  |  |                             
|                                                                   
|Effect
        of foreign currency on cash and cash equivalents     |  |                             
|                                                                   
|NET (DECREASE) IN
          CASH AND CASH EQUIVALENTS               |  |                             
|                                                                   
|Cash
        and cash equivalents, at beginning of period           |  |                             
|                                                                   
|CASH
          AND CASH EQUIVALENTS, AT END OF PERIOD               |  | $                           
|                                                                    |  |                             
|SUPPLEMENTAL INFORMATION:                                           |  |                             
|Cash
        paid during the period for:                            |  |                             
|Taxes                                                               |  | $                           
|Interest                                                            |  | $                           

See accompanying notes

5

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WIRELESS TELECOM GROUP, INC.NOTES TO INTERIM CONDENSED CONSOLIDATED FINANCIAL
STATEMENTS
(unaudited)

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING PRINCIPLES AND POLICIES

The condensed, consolidated balance sheet as of March 31, 2008 and the condensed, consolidated statements of operations for the three month periods ended March 31, 2008 and 2007 and the condensed, consolidated
statements of cash flows for the three month periods ended March 31, 2008 and 2007 have been prepared by the Company without audit. The consolidated financial statements include the accounts of Wireless Telecom Group, Inc. and its wholly-owned
subsidiaries Boonton Electronics Corporation, Microlab/FXR, Willtek Communications GmbH, WTG Foreign Sales Corporation and NC Mahwah, Inc., collectively the Company. All significant intercompany transactions and balances have been
eliminated in consolidation. In the opinion of management, the accompanying condensed consolidated financial statements referred to above contain all necessary adjustments, consisting of normal accruals and recurring entries, which are necessary
to present fairly the Company's results for the interim periods being presented. The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities (including inventory valuation,
accounts receivable valuation, valuation of deferred tax assets, accrued warranty expense and estimated fair values of stock options) and disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of
net revenue and expenses during the reporting period. Actual results could differ from those estimates. The accounting policies followed by the Company are set forth in Note 1 to the Company's financial statements included in its annual report on Form 10-K for the year ended December 31, 2007. Specific
reference is made to that report since certain information and footnote disclosures normally included in financial statements in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted
from this report. The results of operations for the three-month periods ended March 31, 2008 and 2007 are not necessarily indicative of the results to be expected for the full year. Certain prior period information has been reclassified to conform to the current periods reporting presentation.


NOTE 2  RECENT ACCOUNTING PRONOUNCEMENTS

In May 2008, the Financial Accounting Standards Board (FASB) issued Statement of Financial Accounting Standard (SFAS) No. 162, The Hierarchy of Generally Accepted
Accounting Principles. This standard is intended to improve financial reporting by identifying a consistent framework, or hierarchy, for selecting accounting principles to be used in preparing financial statements that are presented in
conformity with US GAAP for non-governmental entities. SFAS No. 162 is effective 60 days following the SECs approval of the Public Company Accounting Oversight Board amendments to AU Section 411, the meaning of Present Fairly in
Conformity with GAAP. The Company is in the process of evaluating the impact, if any, of SFAS 162 on its consolidated financial statements. In March 2008, the FASB issued SFAS No. 161, Disclosures about Derivative Instruments and Hedging Activities an amendment of FASB Statement No. 133, which amends and expands the disclosure
requirements of SFAS 133 to require qualitative disclosure about objectives and strategies for using derivatives, quantitative disclosures about fair value amounts of gains and losses on derivative instruments, and disclosures about
credit-risk-related contingent features in derivative agreements. This statement will be effective for the Company beginning in fiscal 2009. The Company does not expect the adoption of this standard to have an impact on the Companys
consolidated financial statements.


6

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WIRELESS TELECOM GROUP, INC.NOTES TO INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(unaudited)

NOTE 2  RECENT ACCOUNTING PRONOUNCEMENTS (Continued)

In December 2007, the FASB issued two new statements: (a.) SFAS No. 141 (revised 2007), Business Combinations, and (b.) No. 160 Non-controlling Interests in Consolidated Financial Statements.
These statements are effective for fiscal years beginning after December 15, 2008 and the application of these standards will improve, simplify and converge internationally the accounting for business combinations and the reporting of
non-controlling interests in consolidated financial statements. The Company is in the process of evaluating the impact, if any, on SFAS 141(R) and SFAS 160 and does not anticipate that the adoption of these standards will have any impact on its
consolidated financial statements. (a.) SFAS No. 141(R) requires an acquiring entity in a business combination to: (i) recognize all (and only) the assets acquired and the liabilities assumed in the transaction, (ii) establish an acquisition-date fair
value as the measurement objective for all assets acquired and the liabilities assumed, and (iii) disclose to investors and other users all of the information they will need to evaluate and understand the nature of, and the financial effect of, the
business combination, and, (iv) recognize and measure the goodwill acquired in the business combination or a gain from bargain purchase. (b.) SFAS No. 160 will improve the relevance, comparability and transparency of financial information provided to investors by requiring all entities to: (i) report non-controlling (minority) interests in subsidiaries
in the same manner, as equity but separate from the parents equity, in consolidated financial statements, (ii) net income attributable to the parent and to the non-controlling interest must be clearly identified and presented on the face of
the consolidated statement of income, and (iii) any changes in the parents ownership interest while the parent retains the controlling financial interest in its subsidiary be accounted for consistently. In February 2007, the FASB issued SFAS No. 159, The Fair Value Option for Financial Assets and Financial Liabilities.SFAS
No. 159 allows companies to choose to measure many financial instruments and certain other items at fair value. The statement requires that unrealized gains and losses on items for which the fair value option has been elected to be reported in
earnings. SFAS No. 159 also amends certain provisions of SFAS No. 115, Accounting for Certain Investments in Debt and Equity Securities. SFAS No. 159 is effective for fiscal years beginning after November 15, 2007, although earlier
adoption is permitted. The Company had no adjustment as a result of SFAS No. 159. In September 2006, the FASB issued SFAS No. 157, "Fair Value Measurements" (SFAS 157). SFAS 157 provides guidance for using fair value to measure assets and liabilities. It also responds to investors' requests for
expanded information about the extent to which companies measure assets and liabilities at fair value, the information used to measure fair value, and the effect of fair value measurements on earnings. SFAS 157 applies whenever other standards
require (or permit) assets or liabilities to be measured at fair value, and does not expand the use of fair value in any new circumstances. SFAS 157 is effective for financial statements issued for fiscal years beginning after November 15, 2007. The
adoption of SFAS 157 did not have a material impact on the Company's consolidated results of operations and financial condition. In June 2006, the FASB issued Interpretation No. 48, Accounting for Uncertainty in Income Taxes  an interpretation of FASB Statement No. 109 (FIN 48). FIN 48 clarifies the accounting for
uncertainty in income taxes recognized in an enterprises financial statements in accordance with SFAS No. 109, Accounting for Income Taxes. It also prescribes a recognition threshold and measurement attribute for the financial
statement recognition and measurement of a tax position taken or expected to be taken in a tax return, and it provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. FIN
48 is effective as of the beginning of the first fiscal year beginning after December 15, 2006. The Company adopted the provisions of FIN 48 on January 1, 2007. The Company had no adjustment as a result of FIN 48.




7

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WIRELESS TELECOM GROUP, INC.NOTES TO INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(unaudited)

NOTE 3  INCOME TAXES

The Company records deferred taxes in accordance with SFAS No. 109, Accounting for Income Taxes(SFAS 109).
This statement requires recognition of deferred tax assets and liabilities for temporary differences between the tax basis of assets and liabilities and the amounts at which they are carried in the financial statements, based upon the enacted tax
rates in effect for the year in which the differences are expected to reverse. The Company establishes a valuation allowance when necessary to reduce deferred tax assets to the amount expected to be realized. The Company periodically assesses the value of its deferred tax asset, which has been generated by a history of net operating losses and determines the necessity for a valuation allowance. The Company evaluates which
portion, if any, will more likely than not be realized by offsetting future taxable income, taking into consideration any limitations that may exist on its use of its net operating loss carryforwards. The income tax provision for the quarter ended March 31, 2008 results from operating income derived from the Companys U.S. business entities and the net reduction of certain deferred tax benefits.


NOTE 4 - INCOME PER COMMON SHARE

Basic earnings per share is calculated by dividing income available to common shareholders by the weighted average number of shares of common stock outstanding during the period. Diluted earnings per share are
calculated by using the weighted average number of shares of common stock outstanding and, when dilutive, potential shares from stock options and warrants to purchase common stock, using the treasury stock method. Three
          Months EndedMarch
          31,2008
      
      2007Weighted average common
          shares outstanding
      
      25,868,703
      
      25,853,851Potentially dilutive
          stock options
      
      -
      
      115,938Weighted average common
          shares outstanding,assuming
          dilution
      
      25,868,703
      
      25,969,789  Common stock options were not included in the diluted earnings per share calculation for the three months ended March 31, 2008 because the various option exercise prices were greater than the average market price of
the common shares for the period presented. The number of potentially dilutive shares not included in diluted earnings per share for the three months ended March 31, 2008 and 2007 was 2,667,646 and 1,299,587, respectively.


NOTE 5  SHAREHOLDERS EQUITY

On January 17, 2008 the Board of Directors authorized the repurchase of up to 5% of the Companys outstanding common stock. During the three months ended March 31, 2008, the Company has made purchases from time to
time in the open market. The stock repurchase authorization does not have an expiration date and the timing and amount of shares repurchased will be determined by a number of factors including the levels of cash generation from operations, cash
requirements for investments, and current share price.  As of March 31, 2008, the Company has repurchased 197,253 shares at a cost of $332,439. Subsequent to March 31, 2008, the Company purchased an additional 98,705 shares at a cost of
$145,447.


8

---



WIRELESS TELECOM GROUP, INC.NOTES TO INTERIM CONDENSED CONSOLIDATED FINANCIAL
STATEMENTS
(unaudited)

NOTE 5  SHAREHOLDERS EQUITY (Continued)

Comprehensive income (loss) represents changes in equity during a period, except those resulting from investments by owners and distributions to owners. During the first three months of 2008 and fiscal year ended
December 31, 2007, the components of other comprehensive income (loss) were accrued pension costs resulting from the adoption of SFAS No. 158, Employers Accounting for Defined Benefit Pension and Other Postretirement Plans and
foreign currency translation gains and losses. The net amounts included in other comprehensive income (loss) at March 31, 2008 and December 31, 2007 was $(182,362) and $328,770, respectively.


NOTE 6  NOTE PAYABLE: SHAREHOLDER

The note payable-current amount of $4,621,050 at December 31, 2006 was paid to a shareholder, Investcorp Technology Ventures, on January 3, 2007. The total amount of this payment was for $5,372,464, which included the
principal amount stated above plus interest payable on the note of $751,414.


NOTE 7  INVENTORIES

Inventory carrying value is net of inventory reserves of $3,321,762 and $3,089,829 at March 31, 2008 and December 31, 2007, respectively. Inventories consist
          of:
      
      March
          31,
      
      December
          31,2008
      
      2007Raw
          materials
      
      $
      5,988,920
      
      $
      6,265,451Work-in-process
      
      
      2,891,868
      
      
      3,274,550Finished
          goods
      
      
      1,732,995
      
      
      2,115,818$
      10,613,783
      
      $
      11,655,819


NOTE 8 - GOODWILL AND OTHER INTANGIBLE ASSETS

In accordance with SFAS No. 142, goodwill must be tested at least annually for impairment at the reporting unit level. If an indication of impairment exists, the Company is required to determine if such goodwill's
implied fair value is less than the carrying value in order to determine the amount, if any, of the impairment loss required to be recorded. Impairment indicators include, among other conditions, cash flow deficits, an historic or anticipated
decline in revenue or operating profits, adverse legal or regulatory developments and/or a material decrease in the fair value of some or all of the assets. The Company performs the required impairment tests of goodwill on an annual basis in
conjunction with the Companys fiscal year end. Intangible assets are being amortized over their estimated useful lives, which range from 5 to 15 years. The following table discloses the Companys intangible assets by classification and presents each intangible asset class at their original cost less accumulated amortization as of March 31, 2008: AccumulatedIntangibles
    
    Cost
    
    Amortization
    
    NetCustomer relationships
    
    $
    10,900,000
    
    $
    1,998,333
    
    $
    8,901,667Trade names and trademarks
    
    
    2,000,000
    
    
    366,667
    
    
    1,633,333Developed technology
    
    
    1,600,000
    
    
    880,000
    
    
    720,000$
    14,500,000
    
    $
    3,245,000
    
    $
    11,255,000


9

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WIRELESS TELECOM GROUP, INC.NOTES TO INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(unaudited)

NOTE 8 - GOODWILL AND OTHER INTANGIBLE ASSETS (Continued)

The estimated annual amortization expense of intangible assets for the current and each of the four succeeding fiscal years is as follows: 2008
    
    2009
    
    2010
    
    2011
    
    2012Customer relationships
    
    $
    726,667
    
    $
    726,667
    
    $
    726,667
    
    $
    726,667
    
    $
    726,667Trade names and trademarks
    
    
    133,333
    
    
    133,333
    
    
    133,333
    
    
    133,333
    
    
    133,333Developed technology
    
    
    320,000
    
    
    320,000
    
    
    160,000
    
    
    -
    
    
    -$
    1,180,000
    
    $
    1,180,000
    
    $
    1,120,000
    
    $
    860,000
    
    $
    860,000  Amortization expense of intangible assets was $295,000 for the three months ended March 2008 and 2007.


NOTE 9 - ACCOUNTING FOR STOCK OPTIONS

The Company follows the provisions of SFAS 123(R), Share-Based Payment. The Company's results for the three-month periods ended March 31, 2008 and 2007 include share-based compensation expense totaling
$118,519 and $123,740, respectively. Such amounts have been included in the Condensed Consolidated Statements of Operations within operating expenses. Stock option compensation expense is the estimated fair value of options granted amortized on a straight-line basis over the requisite service period. The weighted average estimated fair value of stock options granted
in the three-months ended March 31, 2007 was $1.16. The Company did not grant stock options during the first quarter of 2008. The fair value of options at the date of grant was estimated using the Black-Scholes option pricing model. For the options granted during 2007, the Company took into consideration guidance under SFAS 123(R) and SEC
Staff Accounting Bulletin No. 107 (SAB 107) when reviewing and updating assumptions. The expected option life is derived from assumed exercise rates based upon historical exercise patterns and represents the period of time that options granted are
expected to be outstanding. The expected volatility is based upon historical volatility of our shares using weekly price observations over an observation period of three years. The risk-free rate is based on the U.S. treasury yield curve rate in
effect at the time of grant for periods similar to the expected option life. The assumptions are as follows: Three Months
        EndedMarch 31,2008
    
    2007Expected term (in years)
    
    -
    
    4.0Expected volatility
    
    -
    
    56.8
    %Expected dividend yield
    
    -
    
    0.0
    %Risk-free interest rate
    
    -
    
    4.8
    %  Due to the Companys limited history with respect to forfeitures of incentive stock options, there is no estimate of expired or cancelled options included in the above option valuation. During the first three months of 2007, the Company granted 253,000, options under the Plan at an exercise price of $2.40.


10

---



WIRELESS TELECOM GROUP, INC.NOTES TO INTERIM CONDENSED CONSOLIDATED FINANCIAL
STATEMENTS
(unaudited)

NOTE 9 - ACCOUNTING FOR STOCK OPTIONS (Continued)

The following table represents our stock options granted, exercised, forfeited and cancelled during the first quarter of 2008: Weighted
	
	WeightedAverage
	
	Average
	
	AggregateExercise
	
	Remaining
	
	IntrinsicNumber of
	
	
	Price per
	
	ContractualShares
	
	
	share
	
	Term
	
	ValueStock OptionsOutstanding at January 1, 2008
	
	2,668,987
	
	
	$
	2.53Granted
	
	-Exercised
	
	-Forfeited
	
	(22,500
	)Cancelled
	
	(9,500
	)
	
	
	2.30Outstanding at March 31, 2008
	
	2,636,987
	
	
	$
	2.53
	
	5.4
	
	-Exercisable at March 31, 2008
	
	1,552,654
	
	
	$
	2.53
	
	3.5
	
	-  The Companys Amended and Restated 2000 Stock Option Plan, which authorizes the granting of options relating to an additional 2,000,000 shares of common stock, was approved by shareholder vote. No options were
exercised during the three months ended March 31, 2008 and 2007. The unearned compensation related to Company granted incentive stock options as of March 31, 2008 is $1,053,637.


NOTE 10  SEGMENT INFORMATION: REGIONAL ASSETS AND SALES

The Company, in accordance with SFAS No. 131 Disclosures about Segments of an Enterprise and Related Information, has disclosed the following segment information: Property, Plant
            and Equipment - net
      
      As of
            March 31,
      
      As
            of December 31,2008
      
      2007United States
      
      $
      5,263,821
      
      $
      5,365,285Europe
      
      
      1,112,233
      
      
      1,105,126$
      6,376,054
      
      $
      6,470,411For the
          Three MonthsEnded
          March 31,Revenues by region
      
      2008
      
      2007Americas
      
      $
      6,682,274
      
      $
      6,548,258Europe, Middle East,
          Africa (EMEA)
      
      
      5,109,893
      
      
      5,561,416Asia
      
      
      1,196,397
      
      
      1,928,933$
      12,988,564
      
      $
      14,128,607  Net sales are attributable to a geographic area based on the destination of the product shipment.


11

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WIRELESS TELECOM GROUP, INC.NOTES TO INTERIM CONDENSED CONSOLIDATED FINANCIAL
STATEMENTS
(unaudited)

NOTE 11 - COMMITMENTS AND CONTINGENCIES

Following an investigation by the New Jersey Department of Environmental Protection (NJDEP) in 1982, of the waste disposal practices at a certain site formerly leased by Boonton, the Company put a ground water
management plan into effect as approved by the NJDEP. Costs associated with this site are charged directly to income as incurred. The owner of this site has notified the Company that if the NJDEP investigation proves to have interfered with a sale
of the property, the owner may seek to hold the Company liable for any loss it suffers as a result. However, corporate counsel has informed management that, in their opinion, the owner would not prevail in any lawsuit filed due to the imposition by
law of the statute of limitations. The Company estimates the expenditures in this regard for the fiscal year ending December 31, 2008 will amount to approximately $18,000. The Company will continue to be liable under the plan, in all future years, until
such time as the NJDEP releases it from all obligations applicable thereto.


NOTE 12 - SUBSEQUENT EVENTS

Performance-based stock options On April 11, 2008, upon the unanimous recommendation of the Compensation Committee, the Board of Directors approved the grant of performance-based stock options to each of Messrs. James M. Johnson, the Companys
Chief Executive Officer, Paul Genova, the Companys President and Chief Financial Officer and Lawrence D. Henderson, the Companys Senior Vice President of Global Customer Operations and Chief Marketing Officer. Accordingly, the Company
entered into stock option agreements dated as of April 11, 2008, with each of Messrs. Johnson, Genova and Henderson, pursuant to which Mr. Johnson was awarded options to purchase up to 540,000 shares of the Companys common stock, Mr. Genova
was awarded options to purchase up to 220,000 shares of the Companys common stock, and Mr. Henderson was awarded options to purchase up to 120,000 shares of the Companys common stock, respectively, at an exercise price of $1.42 per
share, representing a 5% premium over the closing price of the Companys common stock reported on the American Stock Exchange on April 11, 2008, the date of grant. Under the terms of the stock option agreements, provided the executive remains in the continuous service of the Company at such times, the options will fully vest and become exercisable upon the earlier to occur of (a)
the date on which the Board shall have determined that both of the following shall have occurred in any one fiscal year after the fiscal year ending December 31, 2007: (1) the Companys consolidated operating income for such fiscal year shall
have increased by 25% as compared to the Companys consolidated operating income for its fiscal year ended December 31, 2007 (i.e., it shall have exceeded approximately $3,950,000) and (2) the Companys consolidated net sales for such
fiscal year shall have increased by 15% as compared to the Companys consolidated net sales for its fiscal year ended December 31, 2007 (i.e., it shall have exceeded approximately $65,000,000) or (b) the date on which a
Change-of-Control (as defined in the option agreements) of the Company is consummated, provided that all consideration in exchange therefor to which the executive may become entitled as a result of such Change-of-Control of the Company
shall not be delivered to the executive until the earlier of (i) the date on which the executives employment with the Company is Involuntarily Terminated (as defined in the option agreements) following the consummation of such
Change-of-Control or (ii) the date that is six months next following the date on which such Change-of-Control is consummated.


Recovery of investment write-down


In May 2008, the Company received a payment of $250,000 which represents a 50% recovery
of a preferred stock investment previously written-off in a prior period. This partial recovery will result in the realization of a non-operating gain and will be recorded as other
income in the second quarter of 2008.


12

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ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

INTRODUCTION

Wireless Telecom Group, Inc., and its operatingsubsidiaries, Boonton Electronics Corporation, Microlab/FXR and Willtek
Communications GmbH, (collectively, the "Company"), develop, manufacture and market a wide variety of electronic noise sources, electronic testing and measuring instruments including power meters, voltmeters and modulation meters, high-power passive
microwave components and handset production testers for wireless products. The Companys products have historically been primarily used to test the performance and capability of cellular/PCS and satellite communication systems and to measure
the power of RF and microwave systems. Other applications include radio, radar, wireless local area network (WLAN) and digital television.

The financial information presented herein includes:

(i) Condensed Consolidated Balance Sheets as of March 31, 2008 (unaudited) and as of December 31, 2007 (ii) Condensed Consolidated Statements of Operations for the three month periods ended March 31, 2008 (unaudited)
and 2007 (unaudited) and (iii) Condensed Consolidated Statements of Cash Flows for the three month periods ended March 31, 2008 (unaudited) and 2007 (unaudited).

FORWARD LOOKING STATEMENTS

The statements contained in this Quarterly Report on Form 10-Q that are not historical facts, including, without limitation, the statements under Managements Discussion and Analysis of Financial Condition
and Results of Operations, are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such
as believes, expects, intends, plans, may, will, should, anticipates or continues or the negative thereof of other variations thereon or
comparable terminology, or by discussions of strategy that involve risks and uncertainties. These statements are based on the Companys current expectations of future events and are subject to a number of risks and uncertainties that may cause
the Companys actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, product demand and development of competitive technologies in our market
sector, the impact of competitive products and pricing, the loss of any significant customers, the effects of adoption of newly announced accounting standards, the effects of economic conditions and trade, legal and other economic risks, among
others. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. These risks and uncertainties are disclosed
from time to time in the Companys filings with the Securities and Exchange Commission, the Companys press releases and in oral statements made by or with the approval of authorized personnel. The Company assumes no obligation to update
any forward-looking statements as a result of new information or future events or developments.

CRITICAL ACCOUNTING POLICIES

Managements discussion and analysis of the financial condition and results of operations are based upon the Companys condensed consolidated financial statements, which have been prepared in accordance with
accounting principles generally accepted in the United States of America. The preparation of these financial statements requires the Company to make estimates and judgments that affect the reported amounts of assets and liabilities and disclosure of
contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses for each period. The following represents a summary of the Companys critical accounting policies, defined as those
policies that the Company believes are: (a) the most important to the portrayal of its financial condition and results of operations, and (b) that require managements most difficult, subjective or complex judgments, often as a result of the
need to make estimates about the effects of matters that are inherently uncertain.

13

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ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (Continued)

Share-Based Compensation

The Company follows the provisions of SFAS 123(R), Share-Based Payment. The fair value of options at the date of grant was estimated using the Black-Scholes option pricing model. For the options granted
during 2007, the Company took into consideration guidance under SFAS 123(R) and SEC Staff Accounting Bulletin No. 107 (SAB 107) when reviewing and updating assumptions. The expected option life is derived from assumed exercise rates based upon
historical exercise patterns and represents the period of time that options granted are expected to be outstanding. The expected volatility is based upon historical volatility of our shares using weekly price observations over an observation period
of three years. The risk-free rate is based on the U.S. treasury yield curve rate in effect at the time of grant for periods similar to the expected option life. Due to the Companys limited history with respect to forfeitures of incentive
stock options, there is no estimate of expired or cancelled options included in the above option valuation.

Revenue Recognition

Revenue, including shipping and handling fees, is recognized when products are shipped and title has passed to the customer. If title does not pass until the product reaches the customers delivery site, then
recognition of revenue is deferred until that time. There are no formal sales incentives offered to any of the Companys customers. Volume discounts may be offered from time to time to customers purchasing large quantities on a per transaction
basis. There are no special post shipment obligations or acceptance provisions that exist with any sales arrangements.

Valuation of Inventory

Raw material inventories are stated at the lower of cost (first-in, first-out method) or market. Finished goods and work-in-process are valued at average cost of production, which includes material, labor and
manufacturing expenses.

Allowances for Doubtful Accounts

The Company maintains allowances for doubtful accounts for estimated losses resulting from the inability of its customers to make required payments. If the financial condition of any of its customers were to decline,
additional allowances might be required.

Income Taxes

As part of the process of preparing the condensed consolidated financial statements, the Company is required to estimate its income taxes in each of the jurisdictions in which it operates. The process incorporates an
assessment of the current tax exposure together with temporary differences resulting from different treatment of transactions for tax and financial statement purposes. Such differences result in deferred tax assets and liabilities, which are
included within the condensed consolidated balance sheet. The recovery of deferred tax assets from future taxable income must be assessed and, to the extent that recovery is not likely, the Company establishes a valuation allowance. Increases in
valuation allowances result in the recording of additional tax expense. Further, if the ultimate tax liability differs from the periodic tax provision reflected in the condensed consolidated statements of operations, additional tax expense may be
recorded.

Valuation of Long-lived Assets

The Company assesses the potential impairment of long-lived tangible and intangible assets whenever events or changes in circumstances indicate that the carrying value may not be recoverable. Changes in the operating
strategy can significantly reduce the estimated useful life of such assets.

14

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ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (Continued)

RESULTS OF OPERATIONS

The following discussion of our financial condition and results of operations should be read in conjunction with our interim condensed consolidated financial statements and the notes to those statements included in
Part I, Item I of this Quarterly Report on Form 10-Q and in conjunction with the consolidated financial statements contained in our Annual Report on Form 10-K for the year ended December 31, 2007.

For the three months ended March 31, 2008 as compared to the corresponding period of the previous year, net sales decreased to approximately $12,989,000 from approximately $14,129,000 a decrease of approximately
$1,140,000 or 8%. The decrease is primarily due an overall softness in the wireless handset market.

Gross profit on net sales for the three months ended March 31, 2008 was approximately $6,166,000 or 47.5% as compared to approximately $7,626,000 or 54.0% of net sales for the three months ended March 31, 2007. Gross
profit margins are lower primarily due to decreased revenue volume during the quarter ended March 31, 2008, particularly in the Companys foreign subsidiary, compounded by relatively fixed labor and direct overhead costs. The Company can
experience variations in gross profit based upon the mix of products sold as well as variations due to revenue volume and economies of scale. The Company continues to carefully monitor costs associated with material acquisition, manufacturing and
production.

Operating expenses for the three months ended March 31, 2008 were approximately $6,723,000 or 52% of net sales as compared to approximately $6,836,000 or 48% of net sales for the three months ended March 31, 2007.
Operating expenses are lower due to decreases in both research and development expenses and sales and marketing expenses, partially off-set by an increase in general and administrative expenses. During the first quarter of 2008, the Company
implemented a cost reduction plan to bring operations spending more closely in line with near-term market conditions.

Interest income decreased by approximately $15,000 for the three months ended March 31, 2008 as compared to the corresponding period of the previous year. This decrease was primarily due to a lower investment balance,
and consequently lower returns, in a working capital management account.  This investment balance is classified as cash equivalents, due to the fact that they are highly liquid and readily convertible to cash and can be liquidated by the Company on
a short-term basis.

For the three months ended March 31, 2008, other income increased by approximately $163,000. This increase was primarily due to non-operating income relating to foreign currency gain.

For the three months ended March 31, 2008, the Company realized a net (loss) of approximately $(529,000), or $(.02) per share basic and diluted, as compared to net income of approximately $663,000, or $.03 per share
basic and diluted for the three months ended March 31, 2007. The explanation of the change in net income (loss) can be derived from the analysis given above of operations for the three-month periods ending March 31, 2008 and 2007, respectively.

LIQUIDITY AND CAPITAL RESOURCES:

The Company's working capital has decreased by approximately $830,000 to approximately $24,576,000 at March 31, 2008, from approximately $25,406,000 at December 31, 2007. At March 31, 2008 and December
31, 2007, the Company had current ratios of 4.6 to 1, and ratios of debt to tangible net worth of .7 to 1.

15

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ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (Continued)

The Company realized cash from operating activities of approximately $246,000 for the three-month period ending March 31, 2008. The primary source of this cash was provided by a decrease in inventory of approximately
$1,246,000, a decrease in accounts receivable of approximately $426,000, a non-cash adjustment for amortization of intangible assets of approximately $231,000, and a non-cash adjustment for depreciation and amortization of approximately $244,000,
partially off-set by a decrease in accounts payable and accrued expenses of approximately $1,606,000, and a loss from operations of approximately $529,000.

The Company has historically been able to collect its account receivables approximately every two months. This average collection period has been sufficient to provide the working capital and liquidity necessary to
operate the Company. The Company continues to monitor production requirements and delivery times while maintaining manageable levels of goods on hand.

The Company used cash for operating activities of approximately $933,000 for the three-month period ending March 31, 2007. The use of this cash was primarily due to a decrease in accounts payable and
accrued liabilities of approximately $2,219,000, an increase in inventories of approximately $299,000 and a decrease in other long-term liabilities of approximately $134,000, partially off-set by net income of approximately $663,000, a decrease in
accounts receivable of approximately $466,000, a non-cash adjustment for amortization of intangible assets of approximately $220,000, and a non-cash adjustment for depreciation and amortization of approximately $261,000.

Net cash used for investing activities for the three months ended March 31, 2008 was approximately $73,000. The use of these funds was for capital expenditures of approximately $88,000, off-set by
proceeds from dispositions of property, plant and equipment of approximately $15,000. For the three months ended 2007, net cash used for investing activities was approximately $214,000. The use of these funds was for capital expenditures.

Cash used for financing activities for the three months ended March 31, 2008 was approximately $346,000. The primary use of these funds was for the acquisition of treasury stock of approximately
$332,000 and the payments of a mortgage note. Cash used for financing activities for the three months ended March 31, 2007 was approximately $4,613,000. The primary use of these funds was due to a decrease in the note payable to Investcorp of
approximately $4,621,000, partially offset by proceeds from a bank loan of approximately $21,000.

The Company does not anticipate that its use of cash for operations will adversely impact its ability to meet its financing requirements for at least the next twelve-month period. The Company does not
believe it will need to borrow additional funds during the next twelve-month period.

INFLATION AND SEASONALITY

The Company does not anticipate that inflation will significantly impact its business or its results of operations nor does it believe that its business is seasonal.

16

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ITEM 3 - QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Not applicable.

ITEM 4-CONTROLS AND PROCEDURES

(a) Evaluation of Disclosure Controls and Procedures

Under the supervision and with the participation of our management, including our principal executive officer and principal financial officer, as of the end of the period covered by this report, we conducted an
evaluation of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Act of 1934, as of the end of the period covered by this report. Our disclosure
controls and procedures are designed to provide reasonable assurance that the information required to be included in our Securities and Exchange Commission (SEC) reports is recorded, processed, summarized and reported within the time
periods specified in SEC rules and forms, relating to Wireless Telecom Group, Inc., including our consolidated subsidiaries, and was made known to them by others within those entities, particularly during the period when this report was being
prepared. Based on this evaluation, our principal executive officer and principal financial officer concluded that, as of the period covered by this report, our disclosure controls and procedures are effective at these reasonable assurance levels.

(b) Changes in Internal Controls over Financial Reporting

In connection with the evaluation required by paragraph (d) of Rule 13a-15 under the Exchange Act, there was no change identified in our internal control over financial reporting that occurred during the last fiscal
quarter that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

17

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PART II - OTHER INFORMATION

Item 1. LEGAL PROCEEDINGS

The Company is not aware of any material legal proceeding against the Company or in which any of their property is subject.


Item 1A. RISK FACTORS

The Company is not aware of any material changes from risk factors as previously disclosed in its Form 10-K for the year ended December 31, 2007.


Item 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

None.


Item 3. DEFAULTS UPON SENIOR SECURITIES

None.


Item 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

None.


Item 5. OTHER INFORMATION

None.


Item 6. EXHIBITS

|Exhibit No. |  | Description                                                                                                                                                         
|----------- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------
|            |  |                                                                                                                                                                     
|11.1        |  | Computation of per share earnings                                                                                                                                   
|            |  |                                                                                                                                                                     
|31.1        |  | Certification Pursuant to Section
        302 of The Sarbanes-Oxley Act of 2002 (Principal Executive
        Officer)                                               
|            |  |                                                                                                                                                                     
|31.2        |  | Certification Pursuant to Section
        302 of The Sarbanes-Oxley Act of 2002 (Principal Financial Officer)                                                       
|            |  |                                                                                                                                                                     
|32.1        |  | Certification Pursuant to 18
        U.S.C. Section 1350, as Adopted Pursuant to Section 906 of The Sarbanes-Oxley
        Act of 2002 (Principal Executive Officer)
|            |  |                                                                                                                                                                     
|32.2        |  | Certification Pursuant to 18
        U.S.C. Section 1350, as Adopted Pursuant to Section 906 of The Sarbanes-Oxley
        Act of 2002 (Principal Financial Officer)

18

---



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

|                             |  | WIRELESS TELECOM
          GROUP, INC.    
|---------------------------- |  | ------------------------------------------
|                             |  | (Registrant)                              
|                            
|                            
|Date:   May
        14, 2008 |  | /S/James M. Johnson                       
|                             |  | James M. Johnson                          
|                             |  | Chief Executive
        Officer           
|                            
|                            
|                            
|Date:   May
        14, 2008 |  | /S/Paul Genova                            
|                             |  | Paul Genova                               
|                             |  | President, Chief Financial
        Officer

19

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EXHIBIT LIST

|Exhibit No. |  | Description                                                                                                                                         
|----------- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------
|            |  |                                                                                                                                                     
|11.1        |  | Computation of per share earnings                                                                                                                   
|           
|31.1        |  | Certification Pursuant to Section 302 of The Sarbanes-Oxley Act of 2002 (Principal Executive Officer)                                               
|           
|31.2        |  | Certification Pursuant to Section 302 of The Sarbanes-Oxley Act of 2002 (Principal Financial Officer)                                               
|           
|32.1        |  | Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of The Sarbanes-Oxley Act of 2002 (Principal Executive Officer)
|           
|32.2        |  | Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of The Sarbanes-Oxley Act of 2002 (Principal Financial Officer)
|           

20

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