| | Business Summary | | Mikros
Systems
Corporation
is
principally
engaged
in
the
development
of
a
digital
radio
system
that
will
allow
simultaneous
broadcasting
of
the
present
radio
signal
with
a
digital
channel
to
be
used
for
additional
voice
channels.
In
1995,
the
Company
decided
to
also
pursue
contracts
commercially
that
would
employ
advanced
techniques
to
enhance
the
data
transmission
rates
in
the
AM
and
FM
radio
spectrum.
Mikros'
commercial
business
assets
consist
of
both
the
original
FM
technology
and
the
AM
Radio
technology.
Continued
development
of
the
FM
technology
has
been
postponed
in
order
to
direct
all
of
its
resources
to
the
AM
Radio
technology.
The
digital
system
Mikros
is
developing
for
AM
radio
data
transmission
will
require
minor
modifications
to
the
radio
station
transmitter,
which
is
not
expected
to
require
new
Federal
Communications
Commission
approval,
since
adjacent
channel
interference
is
avoided. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Mikros
Systems
Corp.
is
principally
engaged
in
the
development
of
a
digital
radio
system
that
will
allow
simultaneous
broadcasting
of
the
present
radio
signal
with
a
digital
channel
to
be
used
for
additional
voice
channels.
For
the
six
months
ended
6/30/01,
total
revenues
totaled
$50
thousand,
up
from
$24
thousand.
Net
loss
decreased
20%
to
$45
thousand.
Results
reflect
royalties
earned
from
divestiture
of
military
contracts,
partially
offset
by
higher
S/G/A
costs. | | More
from
Market Guide: Significant
Developments |
| | |
| Position | | Wayne Meyer, 74 | Chairman | | Thomas Meaney, 66 | Pres | | Patricia Kapp, 34 | Sec.,
Treasurer |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/m/mkrs.ob.gif)