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Friday, 01/08/2010 11:17:54 AM

Friday, January 08, 2010 11:17:54 AM

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Mikros Systems Corporation Receives Navy Contract Award for Tactical Network
Vulnerability Analysis Program

PRINCETON, N.J., Jan 07, 2010 /PRNewswire via COMTEX/ -- Mikros Systems
Corporation (MKRS) announced today the award of a new U.S. Navy contract to
develop Network Vulnerability to Electronic Attack (NVEA) analysis and simulation
software for the Naval Air Warfare Center, Weapons Division (NAWCWD). The new
contract extends support for Mikros network analysis work started under previous
contracts, and is valued at $750,000 over two years.

The NVEA development will support emerging Navy requirements for Mission Based
Test Design (MBTD). The Navy hopes to prove that mission-based evaluation will
reduce costs and technical risks by introducing operational testing earlier in
development programs, and will extend the service life of Naval assets by
combining modeling and simulation (M&S) with laboratory hardware-in-the-loop
(HIL) and a minimum number of operational units.

The NVEA tool will model electronic threats to modern tactical data links, which
are an essential component of net-centric warfare (NCW). NVEA will be implemented
as a core library of modeling constructs and analytical functions that will be
used in several applications. Warfare analysts and system engineers will use NVEA
to realistically model the effect of jamming on mission performance. Mission
planners will use NVEA to determine staging areas, ISR placement, attack routes,
and tactics to minimize the effect of enemy communications jamming.

"We are excited that the Navy has extended their support for our NVEA efforts,
and we look forward to being a part of this important Navy initiative," said
Henry Silcock, Chief Technology Officer of Mikros.

About Mikros

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,
Mikros 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:
http://www.mikros.us

Important Information about Forward-Looking Statements: All statements in this
news release 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, changes in our sales strategy and product development
plans, decline in or a redirection of the U.S. defense budget, continued services
of our executive management team, our limited marketing experience, competition
between us and other companies seeking SBIR grants, 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, 2008 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 to reflect events or circumstances after the date
hereof.

SOURCE Mikros Systems Corporation

Copyright (C) 2010 PR Newswire. All rights reserved

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