Princeton, NJ
/PRNewswire-FirstCall/ May 12, 2008 – Mikros Systems
Corporation (Fort Washington, PA: OTCBB MKRS), announced today that
it was recently awarded two new U.S. Navy contracts. The contracts
cover follow-on work based on Mikros’ AIRchitect-EMC wireless
network design tool, “interference-aware” network design software
which allows the Navy to optimize shipboard network design while
avoiding interference with critical radar and communications
systems. AIRchitect-EMC was developed by Mikros and subcontractor
Intelli-Check - Mobilisa, (Port Townsend, WA) for the Navy under a
SBIR Phase II development contract to study Radar Wireless Spectral
Efficiency (RWSE).
The first program is a subcontract to the Classified
Wireless Networks for Embedded Forces program, which is a pilot
program run by the Navy’s PMW160 Program Office and funded by the
Office of Naval Research Rapid Technology Transition program.
AIRchitect-EMC will be used to help design a shipboard network for
use by USMC Marine Expeditionary Forces, and networks will be
installed on two LHD ships. This program is funded initially at
$50,000 in FY08, with additional funding expected in FY09.
The second program is funded directly by the Navy’s
PMW750 CVN program office, and covers network design studies for the
new aircraft carrier USS Gerald R. Ford. This program is funded
initially at $100,000 in FY08 and if successful, may result in
additional funding in FY09.
Both contracts are pilot programs involving the
Navy’s use of AIRchitect-EMC to design shipboard wireless networks
for LHD amphibious ships and CVN aircraft carriers.
“We have worked closely with the Navy’s technical
experts in Charleston and San Diego to develop a tool tailored to
the unique demands of shipboard operation,” said Tom Meaney, Mikros
President. “If these programs are successful, we expect there will
be many future opportunities to apply AIRchitect-EMC more broadly as
the Navy continues to expand wireless network deployments”.
For additional information, go to
www.mikros.us.
About
Mikros
Mikros Systems Corporation is an advanced technology
company specializing in the research and development of electronic
systems technology primarily for military applications. Classified
by the U.S. Department of Defense as a small business, its
capabilities include technology management, electronic systems
engineering and integration, radar systems engineering,
combat/command, control, communications, computers and intelligence
systems engineering, and communications engineering. Mikros’
primary business is to pursue and obtain contracts from the
Department of Homeland Security, U.S. Navy, and other governmental
authorities.
Important Information about Forward-Looking
Statements: All statements in this news release other than
statements of historical facts are forward-looking statements which
contain our current expectations about our future results.
Forward-looking statements involve numerous risks and uncertainties.
We have attempted to identify any forward-looking statements by
using words such as "anticipates," "believes," "could," "expects,"
"intends," "may," "should" and other similar expressions. Although
we believe that the expectations reflected in all of our
forward-looking statements are reasonable, we can give no assurance
that such expectations will prove to be correct. Such statements are
not guarantees of future performance or events and are subject to
known and unknown risks and uncertainties that could cause the
Company's actual results, events or financial positions to differ
materially from those included within the forward-looking
statements. Such factors include, but are not limited to, changes in
business conditions, changes in our sales strategy and product
development plans, changes in the marketplace, continued services of
our executive management team, our limited marketing experience,
competition between us and other companies seeking SBIR grants,
competitive pricing pressures, market acceptance of our products
under development, delays in the development of products, statements
of assumption underlying any of the foregoing, and other factors
disclosed under the caption “Risk Factors” in our annual report on
Form 10-KSB for the year ended December 31, 2007 and other filings
with the SEC. Readers are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date
made. Except as required by law, we undertake no obligation to
disclose any revision to these forward-looking statements to reflect
events or circumstances after the date hereof.