MIKROS SYSTEMS CORPORATION AWARDED $2.3 MILLION DELIVERY ORDER FOR THE ADAPTIVE DIAGNOSTIC ELECTRONIC PORTABLE TESTSET (ADEPT)

Princeton, NJ /PRNewswire-FirstCall/ March 22, 2010 – Mikros Systems Corporation (OTCBB: MKRS – News) was awarded their first delivery order under their recently announced $26 million indefinite delivery, indefinite quantity (IDIQ) contract from the Naval Surface Warfare Center at Crane, IN. Under the terms of this delivery order, Mikros will supply 27 Adaptive Diagnostic Electronic Portable Testset (ADEPT) units over the next 6-9 months to the US Navy for installation aboard Aegis Cruisers and Destroyers.

The ADEPT systems included in this order will provide advanced maintenance and distance support capabilities for the US Navy’s most advanced ships,” said Tom Meaney, Mikros President. “ADEPT will help improve the Navy’s readiness levels by reducing the time it takes to perform complex maintenance tasks, standardizing the collection and reporting of equipment technical data, and allowing systems experts to assist with complex troubleshooting remotely.”

The $26 million IDIQ contract was awarded to Mikros on March 19, 2010 for procurement of ADEPT systems and engineering services required for system enhancements, logistics, and field support. Mikros anticipates receiving additional delivery orders and task orders throughout the year, and believes that this contract could deliver revenues of $4-5 million annually over the next 5 years.

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.mikrossystems.com

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.

Mikros Systems Corporation, 220 Commerce Drive Suite 300, Fort Washington, PA 19034 Phone 215.371.3913