Princeton, NJ
/PRNewswire/February 10, 2009 – Mikros Systems Corporation (OTCBB:
MKRS) announced today that it has been awarded a support contract on
the Navy’s Next Generation Command and Control Processor (NGC2P)
program by Northrop Grumman Corporation.
In July 2008, the
U.S. Navy selected Northrop Grumman Corp. to develop the
NGC2P
system, a tactical
data link (TDL) communications processor which provides
warfighters with critical real-time information during combat
operations. Mikros Systems will provide production support services
at its new Largo, FL facility for the initial production runs of the
NGC2P system and supporting Field Change Kit (FCK) equipment.
Mikros will work closely with DRS Technologies in Tampa, which is
producing the NGC2P equipment and also manufactures the Mikros ADEPT
Test System for the AN/SPY-1 radar.
Mikros’ new facility, located in the STAR TEC center
in Florida’s Pinellas County is convenient to Mikros’ manufacturing
partner DRS Technologies and other premier Department of Defense
companies. This new facility will provide production and field
support services for ADEPT, including Depot Level Repair,
calibration, and upgrades to ADEPT units.
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.