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To: Smiling Bob who wrote (7337)11/4/2004 12:59:15 PM
From: Smiling Bob  Read Replies (2) | Respond to of 19256
 
MKRS -.27 ask- I expect another TVIN from this. Took time, but went from 29 cents to well over $5
MKRS also has/had patents to piggyback am radio waves with internet. I haven't looked into that since 99/2000 though
They are in initial phase of manufacturing product, with sales to follow very shortly, if not already in place.
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Mikros Systems Corporation Awarded Phase III Contract
Thursday September 9, 10:07 am ET

PRINCETON, N.J., Sept. 9 /PRNewswire-FirstCall/ -- Mikros Systems Corporation (OTC Bulletin Board: MKRS - News) announced today the receipt of a Small Business Innovation Research (SBIR) Phase III contract from the Naval Surface Weapons Center - Dahlgren, VA. Valued at approximately $2,400,000, the contract is to complete the development and to begin initial production of an intelligent test tool for Navy radars. The Multi-Function Distributed Analysis Tool (MFDAT) has been designed by the Company under a $1,000,000 SBIR Phase II contract, which began in August 2003.

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The MFDAT, an integrated test tool, incorporates standard test equipment such as an oscilloscope, multimeter, and spectrum analyzer into an open architecture, ruggedized computer. Along with integrating all the necessary test equipment functionality into a single unit, the MFDAT contains all the documentation, procedures, manuals, and measurement data necessary for the efficient and accurate servicing of complex military electronic systems. It retains its "personal computer" aspect such that it is operated in a similar way by the individual technician.

Although initially targeted to aid in the alignment and maintenance of the AN/SPY-1 Series Radar in the Navy's Aegis ships, the MFDAT has broad application in the maintenance and troubleshooting of many types of sophisticated electronic systems. These include other military radars, FAA radar systems, military communication systems, and commercial communication systems which need an effective yet adaptable way to maintain system operation at peak performance.

Mikros Systems Corporation is a high-technology company focused upon the development and application of new technologies in the defense industry and commercial markets.

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.
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