AML Communications Assesses Strategic Business Alternatives.CAMARILLO Camarillo (kă'mərē`yō), city (1990 pop. 52,303), Ventura co., S Calif.; inc. 1964. It is the center of a fertile farm area where citrus fruits and flowers are grown. , Calif. -- AML AML - A Manufacturing Language Communications, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :AMLJ), a leader in the design and manufacture of RF/Microwave amplifiers and subsystems for the defense microwave markets, today announced that the Company is reviewing its strategic business alternatives. Considering the focus of government defense, security and intelligence spending, as well as continuing industry consolidation, AML's management and Board of Directors are assessing several avenues, including, but not limited to, organic growth, capital requirements Capital requirements Financing required for the operation of a business, composed of long-term and working capital plus fixed assets. , acquisitions, merger or sale. The Company has engaged Philpott Ball & Werner to assist management and the Board of Directors in this effort. "AML has moved rapidly during the last couple of years to utilize our knowledge base in Defense Microwave design and manufacturing to offer new products as well as existing product variations. In addition, the acquisition of Microwave Power Inc. in 2004 complemented the strategic move to expand our sales and technology base. Continuing the growth in revenues and profitability resulting from these actions is one aspect of our strategic review," said Jacob Jacob (jā`kəb), in the Bible, ancestor of the Hebrews, the younger of Isaac and Rebecca's twin sons; the older was Esau. In exchange for a bowl of lentil soup, Jacob obtained Esau's birthright and, with his mother's help, received the blessing Inbar, President and Chief Executive Officer of AML. AML designs, manufactures, and markets RF and microwave, power and low noise amplifiers for a variety of frequency ranges and transmission protocols serving the defense microwave markets. Our defense industry products are integrated into electronic systems for tactical aircraft, ships, ground systems, and missile systems. The Company's Web site is located at http://www.amlj.com. The information contained in this press release contains certain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties, such as the statements of the Company's plans, objectives, expectations and intentions. The Company's actual results could differ materially from those indicated by such statements as a result of various factors including: 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; general economic conditions; 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 de·te·ri·o·ra·tion n. The process or condition of becoming worse. of business and economic conditions in the Company's customers' marketplaces; intensely competitive industry conditions with increasing price competition; business conditions; risks related to our acquisition of Microwave Power Inc.; and, growth in the wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. market, as well as those factors discussed in the Company's Form 10-KSB for the fiscal year ended March 31, 2004 and Forms 10-QSB for the periods ended June 30, 2004, September 30, 2004 and December 31, 2004 on file with the SEC. |
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