SEE HOW THEY WORK TOGETHER
Princeton, NJ /PRNewswire-FirstCall/ May 12, 2008 – Mikros Systems Corporation (Fort Washington, PA: OTCBB MKRS), announced today that it was recently awarded two new U.S. Navy contracts. The contracts cover follow-on work based on Mikros’ AIRchitect-EMC wireless network design tool, interference-aware” network design software which allows the Navy to optimize shipboard network design while avoiding interference with critical radar and communications systems. AIRchitect-EMC was developed by Mikros and subcontractor Intelli-Check – Mobilisa, (Port Townsend, WA) for the Navy under a SBIR Phase II development contract to study Radar Wireless Spectral Efficiency (RWSE).
The first program is a subcontract to the Classified Wireless Networks for Embedded Forces program, which is a pilot program run by the Navy’s PMW160 Program Office and funded by the Office of Naval Research Rapid Technology Transition program. AIRchitect-EMC will be used to help design a shipboard network for use by USMC Marine Expeditionary Forces, and networks will be installed on two LHD ships. This program is funded initially at $50,000 in FY08, with additional funding expected in FY09.
The second program is funded directly by the Navy’s PMW750 CVN program office, and covers network design studies for the new aircraft carrier USS Gerald R. Ford. This program is funded initially at $100,000 in FY08 and if successful, may result in additional funding in FY09.
Both contracts are pilot programs involving the Navy’s use of AIRchitect-EMC to design shipboard wireless networks for LHD amphibious ships and CVN aircraft carriers.
“We have worked closely with the Navy’s technical experts in Charleston and San Diego to develop a tool tailored to the unique demands of shipboard operation,” said Tom Meaney, Mikros President. “If these programs are successful, we expect there will be many future opportunities to apply AIRchitect-EMC more broadly as the Navy continues to expand wireless network deployments”.
For additional information, go to www.mikros.us.
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.
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.