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To: JS329 who wrote (58945)	11/22/2006 2:41:02 PM
From: pinajr	Read Replies (1) \| Respond to of 120406

MKRS - Sandman~... that number was figured a while back and still back then, it was a rather very (very) conservative number. As it developed (ADEPT) the company will make it available to every fighting vessel in the fleet, not to the Aegis class alone. There're over 300 fighting vessels in the Navy and each ship needs 2-3 systems excluding the carriers which most likely will need more. We don't have the exact selling price of these units but someone at the RB board not too long ago mentioned somewhere in the vicinity of $50-75K per unit if I remember well. Using the low side, it could be well over $20M for the next three years and that excludes any other potential application to non-military use like NASA, FAA, etc, which the company has already mentioned it. See ya.. JP

To: JS329 who wrote (58945)	11/22/2006 3:03:49 PM
From: Tom Dorsey	Read Replies (1) \| Respond to of 120406

Jeff~ Just to echo what JP stated. That success story was written in 2005. Since then the NAvy did fund another $2,950,000 in May of 2006, and extended the SBIR terms until 2008. This has two strong benefits to Mikros. It allows for the broadening of applications of ADEPT, and that R&D is funded by the Navy. Part of the award gives Mikros exclusive rights to the technology for a period of years after completion of the SBIR. Extending it from 2006 to 2008 should give Mikros those rights with the clock only beginning to tick in 2008 (February I believe). Just my two cents. Tom