Mikros Systems Corp. is in the StockGuru Spotlight for May 18, 2010

Written by Editor on May 18, 2010

DALLAS, TEXAS : StockGuru announces that Mikros Systems Corp. (OTCBB: MKRS) is in the StockGuru Spotlight. 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, its 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.

On Monday, the company put out news announcing the company’s financial results for the quarter ended March 31, 2010. The Company reported revenue of $562,381 and a net loss of $109,996. First quarter revenues were 11% higher than first quarter 2009 revenues of $507,310. The net loss reported was not unexpected and resulted primarily from the Company’s decision to maintain its highly skilled workforce during the delays experienced in contracting with the Federal Government. As previously reported, Mikros was awarded an indefinite delivery indefinite quantity contract in March 2010 for its Adaptive Diagnostic Electronic Portable Testset (ADEPT) product. The contract is valued at $26 million, task orders have been issued, and the Company’s engineers are fully engaged in servicing this and other contracts.

Shares for Mikros Systems Corp. (OTCBB: MKRS) were down during the late afternoon of trading on Monday and closed down one cent at closing.

To view our StockGuru Spotlight on Mikros Systems Corp. (OTCBB: MKRS), please visit:

http://www.stockguru.com

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The StockGuru Spotlight features stocks that we expect some action in. Generally speaking we expect a strong showing in the market based on the market, our knowledge of the stock and the buzz in the markets. Many times these will be stocks that have big news out recently, there is fresh interest in getting the word out on these stocks or we hear a buzz in our day to day contacts on these stocks. If we think it is going to move or see action, we put it in the StockGuru Spotlight. If we are compensated for a stock in the Spotlight, it will be clearly disclosed within this Spotlight Announcement.

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