Mikros Systems Corporation Exhibits at the Florida Defense &Technology Showcase and Expands Its Production/Support Facility in Florida
PRINCETON, N.J. - Mikros Systems Corporation (OTCBB: MKRS), announced today that it successfully exhibited at the Florida Defense & Technology Showcase on September 18, 2012. The showcase, hosted by Congressman C.W. Bill Young, is a unique trade show where small and mid-size companies exhibit to defense industry prime contractors looking for new technologies and suppliers.
The company highlighted its ADEPT(®) system, which is designed to improve readiness of radars and other complex electronic systems. This product is in use on several classes of U.S. Navy ships. The company's small power buoy was also featured at the show. The power buoy is designed to harvest power from ocean waves for persistent surveillance applications, and features a unique power take-off system developed by Ocean Power Technologies.
"We are very pleased we had the opportunity to brief Congressman Young during the show," said Tom Meaney, President of Mikros. "It's encouraging to see that Mr. Young and the Congress are supportive of remote monitoring and distance support tools like ADEPT. His continued interest and guidance is invaluable to the defense industry companies in the area."
Due to recent production and support contract awards for ADEPT, as well as an increase in potential business opportunities in the St. Petersburg/Clearwater Florida area, Mikros has decided to expand its facility in the area. According to Marc Dalby, Vice President of Business Development and Operations for Mikros, "The increase in facility space was necessary due to the growth of our ADEPT product sales to the U.S. Navy. We needed more production and office space to support this program and other opportunities we are pursuing in the area. Should things work out as planned, we envision hiring more employees for this facility over the next 6-12 months as well."
More information regarding the FDTS can be found on their website: http://fdtshowcase.com/2012
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, +1-609-987-1513
Web Site: www.mikrossystems.com
