PRINCETON, N.J., Dec. 13, 2010 /PRNewswire/ -- Mikros Systems Corporation (OTC Bulletin Board: MKRS) announced today that its CEO, Mr. Thomas Meaney, is featured in a special interview with the Wall Street Reporter. During the interview, Mr. Meaney discusses the company's third quarter financial results and positive outlook for next year and beyond. He also explains how Mikros has achieved its recent successes and why 2010 will be the company's "best year so far."
Marc Dalby, Vice President Business Development and Operations, states, "Mr. Meaney does a great job explaining how our products are uniquely positioned to take advantage of the military maintenance and modernization budgets, which are projected to remain stable even if the procurement budgets for new weapon systems decline. Tom also does a good job highlighting how our products and capabilities are positioned to capitalize on the defense industry's renewed focus on readiness."
The interview also features Mr. Meaney's discussion of how the company's existing Government contracts, industry relationships, and developing technology products provide a strong platform for revenue and profit growth going forward.
The interview can be heard in its entirety at: www.wallstreetreporter.com/2010/12/mikros-systems-otcbb-mmkrs-management-interview
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
Important Information about Forward-Looking Statements: All statements in this news release and in the interview other than statements of historical facts are forward-looking statements which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Such statements are not guarantees of future performance or events and are subject to known and unknown risks and uncertainties that could cause the Company's actual results, events or financial positions to differ materially from those included within the forward-looking statements. Such factors include, but are not limited to, changes in business conditions, a decline or redirection of the U.S. Defense budget, the termination of any contracts with the U.S. Government, changes in our sales strategy and product development plans, changes in the marketplace, continued services of our executive management team, our limited marketing experience, competition between us and other companies seeking SBIR grants, competitive pricing pressures, market acceptance of our products under development, delays in the development of products, statements of assumption underlying any of the foregoing, and other factors disclosed in our annual report on Form 10-K for the year ended December 31, 2009 and other filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, we undertake no obligation to disclose any revision to these forward-looking statements.
SOURCE Mikros Systems Corporation