AMLJ will release earnings next week. There will be a significant expansion in the amount of information released by the company ref the lonf term multi year programs they are in and esp Mica Tech and it's potential...which is vast and is as of yet not understood by the street. The conf call following the earn release will also be far more informative than in the past. Mgmt seems ready to finally talk about AMLJ as investments made over the past few years are beginning to pay off in a big way...my opnion only....today's PR is an example of same--
AML Communications Receives Orders for Key Defense and Science Programs
Business Editors
CAMARILLO, Calif.--(BUSINESS WIRE)----
AML Communications, Inc. (OTCBB:AMLJ) today announced that during
the last 60 days it has received new and follow up orders from a
number of prominent customers. The orders total $1.65 Million.
The main orders are from:
An order from the Lockheed Martin Company for pre-production
amplifiers for the MEADS program.
MEADS is a mobile air and missile defense system designed to
replace Patriot systems in the United States and Germany and the Nike
Hercules systems in Italy.
MEADS will provide capabilities beyond any other fielded or
planned air and missile defense system. It will be easily deployed to
a theater of operations and once there, will keep pace with
fast-moving maneuver forces. When completed, MEADS will be the only
air and missile defense system able to roll off tactical transports
with the troops and almost immediately begin operations. More
importantly, its open architecture will provide for 21st century air
and missile defense system-of-system integration capabilities that
allow operational mission-tailoring for homeland defense or defense of
maneuver forces. MEADS will also provide greater firepower with less
manpower than current systems, producing dramatic operation and
support cost savings.
In May 2005, MEADS International (MI) signed a definitive contract
valued at $2 Billion plus EUR 1.4 Billion for MEADS design and
development. A multinational joint venture headquartered in Orlando,
FL, MI's participating companies are MBDA Italia,
Lenkflugkorpersysteme (LFK) in Germany and Lockheed Martin in the
United States.
An order for production amplifiers for the ALMA (Atacama Large
Millimeter/submillimeter Array) Project:
The Atacama Large Millimeter/submillimeter Array (ALMA) will be a
single research instrument composed of up to 80 high-precision
antennas, located on the Chajnantor plain of the Chilean Andes in the
District of San Pedro de Atacama, 5000m above sea level. ALMA will
enable transformational research into the physics of the cold
Universe, regions that are optically dark but shine brightly in the
millimeter portion of the electromagnetic spectrum. Providing
astronomers a new window on celestial origins, ALMA will probe the
first stars and galaxies, and directly image the formation of planets.
Additional significant orders for Defense Programs were received
from: BAE, L3 Communications and ITT Corporation.
AML Communications is a designer, manufacturer and marketer of
amplifiers and integrated assemblies that address the Defense
Electronic Warfare markets. The Company's Web site is located at
amlj.com.
Mica-Tech, Inc., a subsidiary of the Company, designs,
manufactures, and markets an intelligent satellite communication
system to provide Supervisory Control And Data Acquisition (SCADA) of
the electric power grid. The Mica-Tech website is located at
mica-tech.com
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