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To: Mr.Manners who wrote (11705)	10/13/1999 11:41:00 AM
From: SSP	Read Replies (2) \| Respond to of 150070

MKRS - interesting, but will it sell? MIKROS SYSTEMS CORPORATION TESTS PROPRIETARY AM RADIO TRANSMISSION TECHNOLOGY IN DENVER AREA WEDNESDAY, OCTOBER 13, 1999 10:35 AM - PRNewswire PRINCETON, N.J., Oct 13, 1999 /PRNewswire via COMTEX/ -- Mikros Systems Corporation (OTC Bulletin Board: MKRS) has been testing its proprietary AM Radio Transmission technology in the Denver, Colorado, area to demonstrate the effectiveness of Data Transmission on the AM radio in a mountainous environment. In these mobile tests, a receiver was mounted in a vehicle and received digital data packets transmitted from a local 50 kilowatt station. The tests were conducted over a five-day period and over 1,500 miles of travel, going as far south as Colorado Springs and as far northwest as Boulder. This testing of the newly developed technology has been conducted over a one-year period on two Philadelphia radio stations, and was moved to Denver for this Department of Transportation sponsored demonstration. An independent organization conducted tests for the Department of Transportation. The test results demonstrated simultaneous transmission of digital data and audio. The Company is presently working on improving the range performance of the system. No assurances can be given that the product will be successfully completed. This technology enables an AM radio station to simultaneously transmit an independent digital data stream on the AM carrier without substantially disturbing the analog audio signal. For example, traffic, weather and other information could be sent to moving vehicles over the AM radio band. The technology has been proven to be satisfactory for the initial intended applications but the product needs to be brought from prototype to a production configuration. There are no guarantees that the product will achieve market acceptance. The Company is presently seeking $3-5M financing in order to execute the business plan which provides for data services utilizing an AM radio network. There is no guarantee that the Company will be able to obtain this financing to continue the business. Mikros Systems Corporation is a high technology company developing wireless data transmission techniques and equipment for use on conventional AM radio stations for the purpose of transmitting digital data, without interference to the regular broadcast. The North American rights to the AM data broadcasting technology belongs to Mobile Broadcasting Corporation, which is jointly owned by Safeguard Scientifics of Wayne, PA and Mikros Systems Corporation. Certain matters discussed in this press release are "forward-looking statements" intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, without limitation, statements regarding technology under development, strategies and objectives. The forward-looking statements include risks and uncertainties, including, but not limited to, the anticipated size of and growth in the markets for the Company's products, the trends favoring the use of the Company's proposed commercial products, the anticipated demand for the Company's new products, the timing of development and implementation of the Company's new product offerings, the utilization of such products by the Company's clients and trends in future operating performance, and other factors not within the Company's control. The factors discussed herein and expressed from time to time in the Company's filings with the Securities and Exchange Commission could cause actual results and developments to be materially different from those expressed in or implied by such statements. The forward-looking statements made herein are only made as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. SOURCE Mikros Systems Corporation