AML Communications to acquire controlling interest in Mica-Tech Inc.

March 7, 2007
CAMARILLO, Calif., 7 March 2007. AML Communications Inc. has issued a letter of intent to acquire a controlling position in Mica-Tech Inc. in a cash-for-stock transaction. Mica-Tech is a privately held corporation that designs, manufactures, and markets an intelligent satellite communication system. AML Communications is a designer, manufacturer, and marketer of amplifiers and integrated assemblies that address the defense microwave markets.

CAMARILLO, Calif., 7 March 2007. AML Communications Inc. has issued a letter of intent to acquire a controlling position in Mica-Tech Inc. in a cash-for-stock transaction. Under the terms of the agreement AML will purchase 51 percent of Mica-Tech's outstanding stock for $800,000. The acquisition is subject to negotiation of a definitive agreement.

Mica-Tech is a privately held corporation that designs, manufactures, and markets an intelligent satellite communication system that provides Supervisory Control And Data Acquisition (SCADA) of the electric power grid. Mica-Tech has successfully deployed its products with a leading utility company.

AML Communications is a designer, manufacturer, and marketer of amplifiers and integrated assemblies that address the defense microwave markets.

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