Press Release 4 February 2009

 

Mikros Systems Corporation Opens a New Facility in Pinellas County, Florida to Support ADEPT Production and Other Services

Princeton, NJ /GlobeNewswire/ February 4, 2009 – Mikros Systems Corporation (OTCBB: MKRS), announced today that it has opened a new facility in Pinellas County, FL.  The new facility will support production of Mikros’ Advanced Diagnostic Electronic Portable Testset (ADEPT) product line and quality assurance, field support, and life cycle management services for both Mikros products and products of other companies. The new facility is located in the Young – Rainey STAR Center at 8076 114^th Ave N., Largo, FL 33777, which is less than 20 miles from the Tampa International Airport and near many of the area’s largest defense and homeland security companies. 

“We are thrilled with the many opportunities this new facility will bring. This facility will provide additional storage and shop space for our growing technical and support staff, and is strategically located in an area of the nation where many growing defense and homeland security companies reside. This is a major step forward in improving our ability to deliver the ADEPT product line to the fleet and provides us with a new platform for business development in this growing region.” stated Thomas Meaney, President of Mikros.

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.  For more information on Mikros visit: www.mikros.us

Source: Mikros Systems Corporation

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

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 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.  

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