BOHEMIA, N.Y., Nov. 14, 2013 (GLOBE NEWSWIRE) -- AmpliTech Group, Inc. (OTCBB:AMPG) ("AmpliTech" or the "Company"), a trusted provider of Radio Frequency ("RF")/microwave, microelectronic, monolithic microwave integrated circuit ("MMIC"), and low noise amplifiers for critical, high-reliability, wireless and commercial applications, today announced that it has entered into discussions with a leading telecommunications systems company, AO Technologies-UK Ltd., to market and promote AmpliTech's amplifier products in their satellite communications ("SATCOM") and telecom systems in Europe.
Fawad Maqbool, President and CEO of AmpliTech stated, "We believe that this joint marketing program will be finalized in the near future and will enhance AmpliTech's position in the rapidly growing SATCOM and telecom markets. We are already a leading provider of high performance low noise amplifiers in the U.S. and global markets. This joint marketing effort will allow us to provide complete amplifier systems and new products for SATCOM and telecom applications as well as increase awareness of our other products in Europe." AmpliTech currently has international customers and sales representatives in over sixteen countries worldwide.
About AmpliTech Group, Inc.:
AmpliTech Group, Inc. designs, develops, and manufactures custom and standard state-of-the-art RF components for the Commercial, SATCOM, Space, and Military markets. These designs cover the frequency range from 50 kHz to 40 GHz, eventually offering designs up to 100 GHz. The Company also provides various consulting services for the design of microwave components or diagnosis of system design problems. AmpliTech provides custom solutions based on customer requirements, or can provide contract assembly of customers' own designs.
Forward-Looking Statements:
This press release contains "forward-looking statements" made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 that are based on current expectations, estimates, forecasts and assumptions and are subject to risks and uncertainties. Words such as "anticipate," "assume," "believe," "estimate," "expect," "goal," "intend," "plan," "project," "seek," "target," and variations of such words and similar expressions are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.