BOHEMIA, NY — (Marketwired) — 11/10/16 — (OTCQB: AMPG), a leader in state-of-the-art RF Low Noise Amplifiers (LNA) and Power Amplifiers (PA) for the Domestic and International, SATCOM, Space, and Military markets, today announced the signing of an with a major microwave and wireless component distributor to stock and market AmpliTech–s state-of-the-art room temperature and
CEO Fawad Maqbool commented, “We are extremely excited about our distinguished distribution partner, and it is just one of the methods of following our continuing goal of increasing sales and profit by adding sales channels and cross-marketing platforms. The end result is a demand that is created for our high performance products which will now receive a much higher level of exposure with key Fortune 500 OEM–s in commercial, space and wireless markets. Since our world-class distributor stocks all types of high quality microwave products, it has a lead-in to the large OEM–s that will now be able to take advantage of our high performance products as well, thereby boosting sales and creating additional demand.”
The distributor stated that many LNAs will be needed as there is a large pipeline of existing customers that have already requested new LNAs for this year and next year. The distribution agreement is expected to bring in significant revenue for next year. The cryogenic LNAs have long been a staple product for AmpliTech and they are used in nanophysics accelerators, radio astronomy, microbiology, quantum optics, and communication systems. In addition to the cryogenic LNAs, the distributor will also stock AmpliTech–s standard popular LNAs to facilitate quick access to our technology directly from their website.
Mr. Maqbool further commented, “The distributor is well established and the synergy of products is well suited for combined growth and elevates our marketing efforts to a higher level. The stocked parts will allow our existing customers to easily obtain parts from stock thus eliminating delivery issues and promoting more business. Below are some of our recent advances in strategic planning:”
AmpliTech Group, Inc. designs, develops, and manufactures custom and standard state-of-the-art RF (Low Noise Amplifiers (LNA) and Power Amplifiers (PA) for the Domestic and International, , , and Military markets. These designs cover the frequency range from 50 kHz to 40 GHz – eventually, offering designs up to 100 GHz. AmpliTech also provides consulting services to help with any microwave components or systems design problems. Our steady growth over the past 13+ years has come about because we can provide complex, custom solutions for nearly ANY custom requirements that are presented us. In addition, we have the best assemblers, wires, and technicians in the industry and can provide contract assembly of customers– own designs.
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With the exception of historical information contained in this press release, content herein may contain “forward looking statements” that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management–s current expectations and are subject to uncertainty and changes in circumstances. Investors are cautioned that forward looking statements involve risks and uncertainties that could cause actual results to differ materially from the statements made. Matters that may cause actual results to differ materially from those in the forward-looking statements include, among other factors, the gain or loss of a major customer, change in environmental regulations, disruption in supply of materials, a significant change in general economic conditions in any of the regions where our customer utilities might experience significant changes in electric demand, a significant disruption in the supply of coal to our customer units, the loss of key management personnel, failure to obtain adequate working capital to execute the business plan and any major litigation regarding the Company. In addition, this release contains time-sensitive information that reflects management–s best analysis only as of the date of this release. The Company does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release. Further information concerning issues that could materially affect financial performance related to forward-looking statements contained in this release can be found in the Company–s periodic filings with the Securities and Exchange Commission.
Fawad Maqbool
President
AmpliTech, Inc.
Ph: 631.521.7831
e-mail:
website:
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