Mikros Systems Corp. (fka MKRS)

[kentonmag1]

Hello Valued Subscribers,

As this is a morning profile announcement we’ll get right to it:

Today’s new profile is Mikros Systems Corporation (MKRS)

MKRS is a well-established company that has extensive experience and a long history with the US Military.

Specializing in Research and Development of electronic systems technology primarily for military applications, MKRS is involved in a number of projects ranging from wireless planning and portable diagnostic electronic test tools, to software simulation tools which model tactical data links in a hostile electromagnetic environment.

The Company reported extremely strong fourth quarter year-end results for the period ending December 31, 2012.

Revenues for the fourth quarter increased 9% to $2.5 million as compared to $2.3 million in the same period last year
Gross profit margin for the year increased to 44% from 40% in 2011.
Net income for the year was $227,109, compared to $169,619 in 2011, an increase of 34%.
Net Cash and Cash equivalents remained stable at $1 million.
?MKRS offers Adaptive Diagnostic Electronic Portable Testset, an automated maintenance workstation designed to reduce the man-hours required to align the AN/SPY-1 radar system aboard the U.S. Navy AEGIS cruisers and destroyers; and wireless local area network systems and DoD radar systems. It primarily serves the Department of Defense, the Department of Homeland Security, and other governmental authorities.

MKRS was formed to leverage the microprocessor advancements coming out of the nearby General Electric Research and Development Center into state-of-the-art digital signal processing applications for the defense industry. MKRS specialized in developing technology and products advancing the state of military RF (radio frequency or wireless) and underwater data communications. Through several U.S. Small Business Innovation Research (SBIR) awards in the early 1990s, MKRS developed and fielded the AN/USQ-120 Multi-Frequency Link-11 Data Terminal Set still in use today by the U.S. Navy.

MKRS has also been selected by Northrop Grumman to assist in the design of wireless networks on US Navy Submarines for the Consolidated Afloat Networks and Enterprise Services (CANES) program.

What more can you ask for?

Feel free to continue your research on the Company’s website:
http://www.mikrossystems.com

Yahoo:
finance.yahoo.com/q?s=MKRS

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Very Best Regards,



EOTC