Press Release 6 July 2009

 

Mikros Systems Corporation Announces Contract Award for U.S. Navy Distance Support Application Development

Princeton, NJ /PRNewswire/ July 6, 2009 – Mikros Systems Corporation (OTCBB: MKRS), announced today that it received a new contract for engineering and development of distance support applications for U.S. Navy radars.  The contract, valued at $225,000, is for the definition of the interface for distance support applications for the Common Digital Sensor Architecture (CDSA) program.  This work will take place over the next 8 months.  The contract was awarded by DRS C3 Systems, Gaithersburg, MD. 

Mikros will provide engineering and technical support tasks relating to the advancement of Distance Support capabilities for the CDSA program.  The objective is to develop a common interface design for legacy radar systems related to Distance Support.  The interface will be used to automate support processes.

Distance support of complex electronic systems helps reduce the knowledge and skills required to operate and maintain equipment, and improves the quality, quantity, and compatibility of collected field data.  Distance support also increases the U.S. Navy’s capability to collect, process, and transfer off-ship all relevant reliability, maintainability, and availability (RM&A), logistics, readiness, and other data required to implement cost-effective sustainability strategies.

Mikros gained extensive experience with distance support technologies while integrating these capabilities into its Adaptive Diagnostic Electronic Portable Testset (ADEPT).  Mikros also developed knowledge of U.S. Navy distance support operations while working to secure System Security Approval Authority (SSAA), IT-21 accreditation, and Interim Authority To Operate (IATO) for demonstration of the distance support applications with ADEPT for Trident Warrior 2009.

“This new contract confirms our ability to develop and deliver distance support solutions for U.S. Navy radars and other electronic systems,” said Mikros President, Tom Meaney. “We are very pleased to work with DRS C3, and look forward to transferring our knowledge and experience with U.S. Navy distance support programs into the DRS C3 products.”

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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