Amplitech Group Inc (AMPG)

[OBrien]

A section of the Microphase filing that caught my attention... Even if this is not AMPG they are talking about its still good to see they are working with other companies to bring new products to market They could be working with them in the future if not now. I dont know what kind of relationship AMPG has with Microphase but there must be a reason they invested in AMPG...

Microphase has been developing low power amplifiers for over 50 years and recently has been working with another company towards developing a new series of high power amplifiers based on a new technology developed by such other company. This arrangement is expected to be structured as a joint venture, with such new technology to be owned by such joint venture company. As proposed, the joint venture partner has developed the two patents and would contribute this intellectual property to the joint venture company and Microphase would commercialize the prototypes and take to market, as well as finishing development, marketing, manufacturing and selling the new amplifier product line. The new technology has been designed to generate multi-kilowatt RF/microwave power and operate at the safety of low DC voltage. It will be designed to be powerful, efficient, light-weight, compact, reliable, tunable, and easily serviceable with low manufacturing cost. The dollar per watt cost is competitive with magnetrons, the lowest price and least
3 reliable source of RF power. The new amplifier will be used in RF/microwave amplifier systems for a wide range of military, commercial and industrial applications. The target market for the high power amplifiers is expected to be $1.7 billion in 2016