AmpliTech Announces Orders from Defense and Commercial Contractors for its State-of-the-Art Amplifier Solutions
BOHEMIA, N.Y., Aug. 5, 2013 /PRNewswire/ -- AmpliTech Group, Inc. (OTC Bulletin Board: AMPG) ("AmpliTech" or the "Company"), a trusted provider of RF/microwave, microelectronic, MMIC, and low noise amplifiers for critical and high-reliability, wireless and commercial applications, today announced that it has received over $500,000 of orders during the second quarter from 3 large defense and commercial contractors for its state-of-the-art amplifier solutions.
These orders are for major US and foreign UAV, Airborne Defense, and communications programs and will be recognized as revenue during the second half of the year.
Fawad Maqbool, President and CEO stated, "I am pleased with the confidence our customers have shown in our ability to continue to support their most difficult challenges. We have increased our sales and marketing efforts and we are poised to expand our business to address all aspects of cutting-edge communication and detection solutions in the rapidly emerging technologies of wireless, satellite, and medical markets."
About AmpliTech Group, Inc.
AmpliTech Group, Inc. designs, develops, and manufactures custom and standard state-of-the-art RF components for the International Commercial, SATCOM, Space, and Military markets. These designs cover the frequency range from 50 kHz to 40 GHz - eventually, offering designs up to 100 GHz. AmpliTech also provides consulting services to help with any microwave components or systems design problems. Our steady growth over the past 10+ years has come about because we can provide complex, custom solutions for nearly ANY custom requirements that are presented us. In addition, we have the best assemblers, wirers, and technicians in the industry and can provide contract assembly of customers' own designs
Forward-looking Statements
This release contains statements that constitute forward-looking statements. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
Contact Info:
AmpliTech Group, Inc.
35 Carlough Rd. #3
Bohemia, NY 11716
Website: http://www.amplitechinc.com
Phone: 631-521-7831
Email: [email protected]
SOURCE AmpliTech Group, Inc.
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