Mikros Systems Announces ADEPT Demonstration at Surface Navy Association 22nd National Symposium
PRINCETON, N.J., Jan. 11 /PRNewswire-FirstCall/ -- Mikros Systems Corporation (OTC Bulletin Board: MKRS ), announced today that it will demonstrate its Adaptive Diagnostic Electronic Portable Testset (ADEPT) during the Surface Navy Association (SNA) 22nd National Symposium in Crystal City, Va. The SNA show takes place Tuesday, Jan. 12, through Thursday, Jan. 14, and is themed "Surface Navy: A Balanced Force for The Hybrid War."
The company will highlight the capabilities, product developments, and accomplishments of this system, which is designed to improve readiness of U.S. Navy radars and other complex electronic equipment. During the symposium, attendees will see live demonstrations of ADEPT and be able to review and discuss data from recent fleet experiments. Mikros engineers will also be available to answer any questions regarding ADEPT's recent use aboard U.S. Navy Aegis ships, distance support capabilities, and applicability to other electronic equipment.
"We feel this event is an excellent forum to showcase our flagship product," states Marc Dalby, Vice President, Business Development and Operations for Mikros. "We have already delivered ADEPTs to U.S. Navy Aegis Cruisers, and expect to receive additional orders for the U.S. Navy Aegis Destroyers. These ships are the cornerstone of the U.S. Surface Navy fleet and being able to demonstrate the capabilities of ADEPT at SNA is very exciting."
More information regarding the SNA Symposium can be found on their website:
http://www.navysna.org/2010Symposium/
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
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-K for the year ended December 31, 2008 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.
SOURCE Mikros Systems Corporation
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