AML Communications Appoints C. K. Cooper & Company as Financial Advisor
July 29, 2010 09:00 AM Eastern Daylight Time
CAMARILLO, Calif.--(BUSINESS WIRE)--AML Communications, Inc. (OTCBB:AMLJ), a designer, manufacturer, and marketer of microelectronic assemblies for the defense industry, today announced that it has engaged C. K. Cooper & Company, an independent, full-service investment bank, headquartered in Irvine, CA, as its Financial Advisor. In this capacity, C. K. Cooper & Company will advise the company on strategic planning, mergers & acquisitions, project financing, capital markets exposure and financial advisory services.
“C. K. Cooper & Company is pleased that AML Communications has selected our Aerospace, Defense & Government Markets (AD&G) Group to assist the company in developing its acquisition & growth strategy”
“We’re delighted to have C. K. Cooper & Company to assist with our continued expansion in the RF/Microwave markets. AML has evaluated a number of investment banks during the past several quarters regarding strategic initiatives for growing the company and we were most impressed with C. K. Cooper’s commitment to and expertise within the aerospace & defense sector. C. K. Cooper & Company’s research, trading and investment banking reputation, coupled with their unique understanding of our products, customers and markets, convinced us that they represent the best fit for AML. We’re now in the process of refining a technology roadmap to screen acquisition candidates that would best position the company for larger opportunities in the future,” said Jacob Inbar, AML’s President and CEO.
“C. K. Cooper & Company is pleased that AML Communications has selected our Aerospace, Defense & Government Markets (AD&G) Group to assist the company in developing its acquisition & growth strategy,” commented Daniel Sirvent, Director of Corporate Finance at C. K. Cooper & Company. “Our firm has built its reputation by identifying underserved, underappreciated companies whose management and capabilities have been overlooked by the broader markets. We are looking forward to developing a lasting relationship with AML Communications, as we assist the company in its strategy to further expand upon its existing capabilities as a leading integrated subsystems provider to prime defense contractors and military customers.”
About AML Communications
AML Communications is a designer, manufacturer, and marketer of microelectronic assemblies for the defense industry. Its key customers include Raytheon, Lockheed Martin, Northrop Grumman, L-3 Communications, BAE, and others. The Company’s extensive range of microwave products can be found in leading defense projects. For more information, visit www.amlj.com.
About C. K. Cooper & Company
C. K. Cooper & Company is a full-service investment bank headquartered in Irvine, California. The Company is focused on providing superior and insightful research coverage to its clients; innovative investment banking solutions supported by sales and trading services; and portfolio advisory and management services for private clients. Though C. K. Cooper & Company has been noted for a variety of measures of accomplishment, we chart our success by only one metric: The growth of our clients. For more about C. K. Cooper & Company, visit www.ckcooper.com.
For more information, please contact:
C. K. Cooper & Company
18300 Von Karman Avenue, Suite 700
Irvine, California 92612
Telephone: 949-477-9300
Facsimile: 949-477-9211
E-Mail: administration@ckcooper.com
Forward-Looking Statements
This press release contains forward-looking statements made in reliance upon the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, the Company’s views on future profitability, commercial revenues, market growth, capital requirements, new product introductions, production readiness, and are generally identified by words such as “thinks,” “forecasts,” “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “schedules,” and similar words. Forward-looking statements are not guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statements. These factors and uncertainties include: reductions or cancellations in orders from new or existing customers; success in the design of new products; the opportunity for future orders from domestic and international customers including, in particular defense customers; general economic conditions; the limited number of potential customers; variability in gross margins on new products; inability to deliver products as forecast; failure to acquire new customers; continued or new deterioration of business and economic conditions in the wireless communications industry; and intensely competitive industry conditions with increasing price competition. The Company refers interested persons to its most recent Annual Report on Form 10-K and its other SEC filings for a description of additional uncertainties and factors that may affect forward-looking statements. Forward-looking statements are based on information presently available to senior management, and the Company has not assumed any duty to update its forward-looking statements.
Contacts
AML Communications
Jacob Inbar, President and Chief Executive Officer
805-388-1345, Ext. 201
