Mikros Systems Corporation Announces Quarterly Results

Mikros Systems Corporation (OTCBB: MKRS), Princeton, New Jersey,  December 1, 2005 --  Mikros Systems Corporation is pleased to report the results for the quarter ended September 30, 2005.  The revenues for  the nine months ended September 30, 2005 were $1,236,679  with net income of  $101,894 compared to revenues of  $ 724,820 for the same period in 2004 and net income of $124,513.  Net income for the nine months ended September 30,  2004 included the write-off of certain of our obligations valued at approximately $67,000. 

During this period the Company has accepted delivery of the first Adaptive Diagnostic Electronic Portable Testset (ADEPT®) production unit from DRS Laurel Technologies in Johnstown, Pennsylvania.  This is the first of five production units being delivered to Mikros for field testing by the U.S. Navy. (Note:  The MFDAT Equipment has been renamed ADEPT).

This unit was unveiled at  the Autotestcon Show, the premier military test equipment show in Orlando, Florida held in September 2005. 

Also, during this period Mikros completed work on the Radar Wireless Spectral Efficiency (RWSE) Phase I contract which addresses the coexistence on Navy ships of radars to control systems and commercial WIFI equipment.  Mikros has submitted a proposal to the Navy for a Phase II effort to continue this study  and suggest products or solutions for the U.S. Navy.

Mikros relocated its engineering headquarters from Conshohocken, Pennsylvania to Fort Washington, Pennsylvania.    These larger offices will enable the Company to expand and to increase its technical staff growth.

The public is encouraged to view the Mikros website (www.Mikros.us) for further information and updates on the Company.

Mikros Systems Corporation is a high technology company focused upon the development and application of new technologies in the defense industry and commercial markets. 

Source: Mikros Systems Corporation

CONTACT:  Thomas J. Meaney - (609) 987-1513

Certain matters discussed in this press release are "forward-looking statements" intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995.  Such forward-looking statements include, without limitation, statements regarding technology under development, strategies and objectives.  The forward-looking statements include risks and uncertainties, including, but not limited to, the anticipated size of and growth in the markets for the Company's products, the trends favoring the use of the Company's proposed commercial products, the anticipated demand for the Company's new products, the timing of development and implementation of the Company's new product offerings, the utilization of such products by the Company's clients and trends in future operating performance, and other factors not within the Company's control.  The factors discussed herein and expressed from time to time in the Company's filings with the Securities and Exchange Commission could cause actual results and developments to be materially different from those expressed in or implied by such statements.  The forward-looking statements made herein are only made as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. 


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