Mikros Systems Corporation Awarded $3.1 Million Delivery Order For 36 ADEPT Units

Princeton, NJ /PRNewswire-FirstCall/July 25, 2011 – Mikros Systems Corporation (OTCBB: MKRS – News) announced today a new order from the U.S. Navy to build 36 additional Adaptive Diagnostic Electronic Portable Testset (ADEPT) units. Under the terms of the order, Mikros will deliver the 36 ADEPT units to U.S. Aegis Cruisers and Destroyers over the next
6-8 months.

We are proud to provide a very capable product that helps ensure these important Navy ships are always ready for their missions”, stated Tom Meaney, Mikros’ President. “The capabilities of the ADEPT equipment are now being noticed for applicability to other electronic systems found in the U.S. and International Navies. These applications present a tremendous opportunity for us to pursue additional contract awards and create substantial additional revenue streams. We are aggressively moving forward with plans to further develop the product to support these other systems.”

A 5-year $26 million IDIQ contract was awarded to Mikros in March 2010 for procurement of ADEPT systems and engineering services required for system enhancements, logistics, and field support. This latest U.S. Navy award of $3.1 million brings the total value of ADEPT orders placed against this contract to $8.3 million. Mikros expects to receive additional new orders for engineering services in 2011, and continues to anticipate $4-5 million of annual revenue under this contract.

About Mikros Systems (OTCQB: MKRS)
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. Important factors that could cause actual results to differ materially from our expectations include, but are not limited to: changes in business conditions, a decline or redirection of the U.S. Defense budget, the termination of any contracts with the U.S. Government, 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 Small Business Innovative Research (SBIR) grants, competitive pricing pressures, market acceptance of our products under development, delays in the development of products, and 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, 2010 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.

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