Amplitech Group (AMPG) 0.0262 $AMPG
AmpliTech to Expand Product Offerings With Joint Ventures
GlobeNewswire - Wed Apr 08, 12:03PM CDT
AmpliTech Group, Inc. (OTCQB:AMPG) announced today that it has entered into discussions with multiple companies that have leading edge products in the industry that are complementary to AmpliTech's product line. Fawad Maqbool, CEO, explained, "The RF/Microwave and Wireless Community has several branches of technology at various different frequencies and with many different direct applications such as communications, wireless, automotive, medical, and many others. AmpliTech's strategy is not to re-invent the wheel, so to speak, and address as many of the applications that are emerging in these markets. While AmpliTech is a leader in providing the best amplifiers and components, by working with leading edge companies to jointly develop complementary products and simultaneously using our own expertise, we can capitalize on these opportunities with the most efficient use of resources, which in turn leads to the development of the best solutions for today's and tomorrow's technological demands. Timing is essential in any business and this approach results in a shorter time-to-market with the best solution that usually means the difference between success or failure for many companies." Therefore, the company remains focused on growth and the maintenance of technical excellence, as well as being able to capture a broader market and customer base with its wider selection of products. The Company expects this strategy to translate into more revenues and profitability in the coming months.
AmpliTech Continues Path to Profitability in 2015
GlobeNewswire - Thu Apr 02, 7:30AM CDT
AmpliTech Group, Inc. (OTCQB:AMPG) announced today its consolidated results of operations for 2014 reflected profitability in its AmpliTech, Inc. division, but with limited increase in revenue compared to revenue for 2013. CEO Fawad Maqbool commented, "Our recently filed 10-K has all the details of AmpliTech's 2014 financials, and revenue increased but the amount of increase was limited primarily due to the management focus on and preoccupation with activities related to maintaining public company presence and associated logistics. These activities further imposed serious constraints on our ability to allocate resources and investment required to support our engineering and production activities and to accept new bookings despite increased demand for our products. Now that we have streamlined our public expenses and eliminated the bad debt, we are in a better position to effectively distribute and leverage our available resources as well as increasing utilization of our manufacturing capabilities to support our high priority strategic growth plan objectives." The company has already taken the necessary steps to increase its bookings and shift available resources to support its plan for maximizing booking to delivery volume that will lead to substantial increase in revenues and profitability in 2015. Based on the new groundwork being laid to support AmpliTech's growth in diverse markets, the Company is facing countless opportunities for growth in 2015 and beyond. Mr. Maqbool further added: "The 10-K is positive since it shows that AmpliTech, Inc. was profitable again, despite significant increases in our expenses incurred by the parent company (AMPG) due to non-recurring public company related expenses that are generally unavoidable during initial years for a new public company. This means that our 2015 outlook is very optimistic since these large expenses will not be there. We thank our Shareholders, Customers, Strategic Partners, Suppliers, and Co-Workers for their continued support, confidence in, and commitment to AmpliTech."
AmpliTech Receives Over $400,000 in New Orders
GlobeNewswire - Tue Mar 03, 7:30AM CST
AmpliTech Group, Inc. (OTCQB:AMPG) announced today that it has received new orders valued at over $400,000 from international government and domestic private customers within the last 2 months. These new orders are for products for which AmpliTech has primarily been a sole source due to its unique and unparalleled performance attributes that have made AmpliTech the number one choice for our customers worldwide. These initial new orders are expected to position AmpliTech on long term supply chain roadmaps to provide its innovative and high performance products and solutions to mission critical programs.
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.
AmpliTech to Expand Product Offerings With Joint Ventures
GlobeNewswire - Wed Apr 08, 12:03PM CDT
AmpliTech Group, Inc. (OTCQB:AMPG) announced today that it has entered into discussions with multiple companies that have leading edge products in the industry that are complementary to AmpliTech's product line. Fawad Maqbool, CEO, explained, "The RF/Microwave and Wireless Community has several branches of technology at various different frequencies and with many different direct applications such as communications, wireless, automotive, medical, and many others. AmpliTech's strategy is not to re-invent the wheel, so to speak, and address as many of the applications that are emerging in these markets. While AmpliTech is a leader in providing the best amplifiers and components, by working with leading edge companies to jointly develop complementary products and simultaneously using our own expertise, we can capitalize on these opportunities with the most efficient use of resources, which in turn leads to the development of the best solutions for today's and tomorrow's technological demands. Timing is essential in any business and this approach results in a shorter time-to-market with the best solution that usually means the difference between success or failure for many companies." Therefore, the company remains focused on growth and the maintenance of technical excellence, as well as being able to capture a broader market and customer base with its wider selection of products. The Company expects this strategy to translate into more revenues and profitability in the coming months.
AmpliTech Continues Path to Profitability in 2015
GlobeNewswire - Thu Apr 02, 7:30AM CDT
AmpliTech Group, Inc. (OTCQB:AMPG) announced today its consolidated results of operations for 2014 reflected profitability in its AmpliTech, Inc. division, but with limited increase in revenue compared to revenue for 2013. CEO Fawad Maqbool commented, "Our recently filed 10-K has all the details of AmpliTech's 2014 financials, and revenue increased but the amount of increase was limited primarily due to the management focus on and preoccupation with activities related to maintaining public company presence and associated logistics. These activities further imposed serious constraints on our ability to allocate resources and investment required to support our engineering and production activities and to accept new bookings despite increased demand for our products. Now that we have streamlined our public expenses and eliminated the bad debt, we are in a better position to effectively distribute and leverage our available resources as well as increasing utilization of our manufacturing capabilities to support our high priority strategic growth plan objectives." The company has already taken the necessary steps to increase its bookings and shift available resources to support its plan for maximizing booking to delivery volume that will lead to substantial increase in revenues and profitability in 2015. Based on the new groundwork being laid to support AmpliTech's growth in diverse markets, the Company is facing countless opportunities for growth in 2015 and beyond. Mr. Maqbool further added: "The 10-K is positive since it shows that AmpliTech, Inc. was profitable again, despite significant increases in our expenses incurred by the parent company (AMPG) due to non-recurring public company related expenses that are generally unavoidable during initial years for a new public company. This means that our 2015 outlook is very optimistic since these large expenses will not be there. We thank our Shareholders, Customers, Strategic Partners, Suppliers, and Co-Workers for their continued support, confidence in, and commitment to AmpliTech."
AmpliTech Receives Over $400,000 in New Orders
GlobeNewswire - Tue Mar 03, 7:30AM CST
AmpliTech Group, Inc. (OTCQB:AMPG) announced today that it has received new orders valued at over $400,000 from international government and domestic private customers within the last 2 months. These new orders are for products for which AmpliTech has primarily been a sole source due to its unique and unparalleled performance attributes that have made AmpliTech the number one choice for our customers worldwide. These initial new orders are expected to position AmpliTech on long term supply chain roadmaps to provide its innovative and high performance products and solutions to mission critical programs.
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. 
