AML Communications Receives $1.5 Million Order for Power Amplifiers
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CAMARILLO, Calif.--(Business Wire)-- AML Communications, Inc. (OTCBB:AMLJ), a designer, manufacturer and marketer of amplifiers and integrated assemblies for the defense industry, today announced its MPI Division has received a $1.5 million order for power amplifiers utilized in a radar system. The order is scheduled for delivery in its entirety during AML`s current fiscal year, which ends March 31, 2010. "This transaction helps sustain the positive sales momentum that AML has achieved over the last several months," said Jacob Inbar, AML`s President and CEO. "Our MPI Division offers high performance products developed during years of R&D. This high volume order demonstrates the quality of our customer relationships and products." About AML Communications AML Communications is a designer, manufacturer and marketer of amplifiers and integrated assemblies that address the Defense Electronic Warfare Markets. The Company`s extensive range of microwave low noise amplifiers and power amplifiers can be found in leading defense projects. With over 20 years of serving the military with outstanding customer care, quality, performance and price leadership, AML is committed to mission success. The Company's Mica-Tech subsidiary is a designer, manufacturer and marketer of intelligent satellite systems that provide Supervisory Control and Data Acquisition (SCADA) of the electric power grid. AML`s web site is located at www.amlj.com. Mica-Tech`s website is located at www.mica-tech.com. 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, and are generally identified by words such as ``thinks,`` ``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-KSB 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. Investor Inquiries: AML Communications, Inc. Jacob Inbar President and Chief Executive Officer 805-388-1345, Ext. 201 or Financial Profiles, Inc. Tricia Ross, 916-939-7285 Copyright Business Wire 2009
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