Amplitech Group (AMPG) 0.0179 $AMPG
AmpliTech Group Reduces Debt and Lowers Operating Expenses
GlobeNewswire - Tue Feb 03, 8:00AM CST
AmpliTech Group, Inc. (OTCQB:AMPG) announced it has successfully lowered its public company operating expenses by 86% compared to last year (ending 12/31/2014) in an effort to improve its balance sheet and profitability for 2015. Many of these expenses were non-recurring and non-cash expenses. CEO Fawad Maqbool stated, "We have made significant changes in order to support our shareholders and investors by accomplishing major goals in the past few months." Below are some key highlights:
AmpliTech Group Satisfies Convertible Note
GlobeNewswire - Thu Dec 04, 3:04PM CST
AmpliTech Group, Inc. (OTCQB:AMPG) announced today it has successfully paid off its floorless convertible debt replacing it with a direct equity investment. This puts the company in a better position to obtain new investment capital on more favorable terms.
AmpliTech Group, Inc. Receives New Purchase Orders From Major Defense Contractors
GlobeNewswire - Mon Nov 17, 8:29AM CST
AmpliTech Group, Inc. (OTCQB:AMPG) announced today it has received significant new purchase orders from three major defense contractors; BAE Systems (BAESF), L-3 Communications (LLL), and another international contractor. The details of the transactions are to remain undisclosed at the request of the contractors. These newest transactions are a partial result of the company executing its recently announced growth strategy. "As mentioned in our previous press release, we have begun to fortify our infrastructure with quality staff, laser-sharp direction and truly result-oriented goals. These new orders are proof we are making significant steps in the right direction," said Fawad Maqbool, CEO of AmpliTech.
AmpliTech Announces Hiring of JP Fortune Group (JPF) to Expand Business Operations & Shareholder Awareness
GlobeNewswire - Tue Oct 28, 7:33AM CDT
AmpliTech Group, Inc. (OTCQB:AMPG) ("AmpliTech" or the "Company"

, a trusted provider of RF/microwave, and low noise amplifiers for critical and high-reliability, wireless and commercial applications, is pleased to announce it has engaged JP Fortune Group. JPF is one of North America's premier small-cap advisory firms. JP Fortune Group will assist the Company in capital structuring, debt management, M&A opportunities, development of a strategic advisory board, market positioning and shareholder communications. JPF will implement a comprehensive financial growth strategy and execute an extensive investor relations campaign. The company's goal is to increase and exploit opportunity in the marketplace while maintaining a fair market value for its shareholders equity based on its unique technology and expertise.
AmpliTech expands marketing plan for RF components
M2 - Thu Aug 28, 7:28AM CDT
AmpliTech Group, Inc. (OTC: AMPG) said that the company received the second USD100,000 installment related to the USD300,000 securities purchase agreement dated July 9, 2014.
AmpliTech Executes Expanded Marketing Plan For RF Components For Industrial And Defense Markets
GlobeNewswire - Tue Aug 26, 8:40AM CDT
AmpliTech Group, Inc. (OTCQB: AMPG) ("AmpliTech" or the "Company"

, a trusted provider of RF/microwave, and low noise amplifiers for critical and high-reliability, wireless and commercial applications, is pleased to announce that the Company received the second $100,000 installment related to the $300,000 Securities Purchase Agreement dated July 9, 2014. Fawad Maqbool, CEO stated, "We have used the funds to continue development of our new products and plan to expand sales by adding a comprehensive marketing plan that includes additional trade shows, joint ventures with synergistic suppliers, improved website, on-line and print advertising as well as key customer visits. We also plan to work with our investor Microphase to develop joint marketing strategies to increase cross-platform sales and products. We had a profitable second quarter, barring non-cash expenses, and endeavor to increase sales and profitability into next year and stay on track with our goals for growth and capitalization." View the video "AmpliTech on TV" to learn more about AmpliTech.
AmpliTech Funds New Product Development
GlobeNewswire - Thu Jul 31, 6:45AM CDT
AmpliTech Group, Inc. (OTCQB: AMPG) ("AmpliTech" or the "Company"

, a trusted provider of RF/microwave, and low noise amplifiers for critical and high-reliability, wireless and commercial applications, is pleased to announce that the Company received the first $100,000 installment related to the $300,000 Securities Purchase Agreement dated July 9, 2014. Fawad Maqbool, CEO stated, "This financing will now enable the company to continue the development of several new products, as well as move forward on filing the patents necessary to secure our technologies. It's an exciting time for AmpliTech now that we have turned the corner with this more traditional financing agreement." View the video, "AmpliTech on TV" to learn more about AmpliTech.
AmpliTech forms joint venture agreement with French-UK companies
M2 - Fri Jul 18, 8:36AM CDT
AmpliTech Group, Inc. (OTC: AMPG) said it has entered into a joint venture agreement to develop new satellite communications products to support the growing demand from domestic and international OEM's and customers.
AmpliTech Executes Strategic Joint Venture Agreement With French-U.K. Companies
GlobeNewswire - Thu Jul 17, 9:25AM CDT
AmpliTech Group, Inc. (OTCQB: AMPG) ("AmpliTech" or the "Company"

, a trusted provider of RF/microwave, microelectronic, and low noise amplifiers for critical and high-reliability, wireless and commercial applications, announced today that they have entered into a joint venture agreement to develop new SATCOM (SATellite COMmunication) products to support the growing demand from domestic and international OEM's (Original Equipment Manufacturers) and customers. AO Technologies, the French and UK based companies that have a proven history in microwave sub-system and component manufacturing serving the large Satellite service providers such as Eutelsat, Thales Alenia Space, Yahsat and Arabsat has joined AmpliTech to support more product development using AmpliTech's state-of-the-art SATCOM LNAs and subsystems and combining them with AO's already widespread earth stations and systems integration technology.
AmpliTech gets USD300,000 equity investment
M2 - Wed Jul 16, 4:43AM CDT
AmpliTech Group, Inc. (OTC: AMPG) said that it entered into a stock purchase agreement with Microphase Corp. for a USD300,000 private placement of common stock.
AmpliTech Receives $300,000 Equity Investment
GlobeNewswire - Tue Jul 15, 10:34AM CDT
AmpliTech Group, Inc. (OTCQB: AMPG) ("AmpliTech" or the "Company"

, a trusted provider of RF/microwave, and low noise amplifiers for critical and high-reliability, wireless and commercial applications, today announced that it entered into a Stock Purchase Agreement with Microphase Corporation ("Microphase"

for a $300,000 private placement of common stock. Microphase is a leading microwave products supplier for over 60 years and their products are synergistic and complementary with AmpliTech's product line.
AmpliTech announces new orders
M2 - Wed Jul 02, 8:24AM CDT
AmpliTech Group, Inc. (OTC: AMPG) said it has received more orders from major customers in the amount of USD232,000.
AmpliTech Receives New Orders
GlobeNewswire - Tue Jul 01, 8:45AM CDT
AmpliTech Group, Inc. (OTCQB: AMPG) ("AmpliTech" or the "Company"

, a trusted provider of RF/microwave, microelectronic, MMIC, and low noise amplifiersfor critical and high-reliability, wireless and commercial applications, today announced that it has received more orders from major customers in the amount of $232,000. CEO Fawad Maqbool stated "We are pleased to receive more large orders and hope to receive more in the near future. Our customers have shown continued confidence in our ability to manage and deliver the products conforming to their stringent schedules". View the video "AmpliTech on TV"to learn more about AmpliTech.