Amplitech Group (AMPG) 0.0300 $AMPG
AmpliTech Group Receives Over $1 Million in Orders
Marketwired - Wed Jul 27, 7:20AM CDT
FY2016 Revenue and Profit Expected to Surpass 2015
AmpliTech Receives Orders at Trade Show
Marketwired - Wed Jun 08, 2:01PM CDT
Positive Results at the Largest Industry Trade Show
AmpliTech to Exhibit at International Trade Shows
Marketwired - Fri May 13, 1:43PM CDT
Targeted Marketing Strategy to Increase Customer Base
AmpliTech Announces Profitable FY2015
Marketwired - Thu Mar 31, 3:00PM CDT
AmpliTech Group, Inc. (OTCQB: AMPG) (the "Company"
announced today that they have filed their 10K for FY2015. The 10K revealed that the Company's revenues increased and reached a record high. CEO Fawad Maqbool stated, "We are pleased to see that our new strategies of joint ventures, partnerships, eliminating toxic and high interest debt, obtaining low interest financing, and investing in advertising and customer awareness has resulted in a profitable FY2015." The key highlights appear below:
AmpliTech Group Receives over $1 Million in Orders in 4th Quarter of 2015
ACCESSWIRE - Wed Dec 30, 11:55AM CST
BOHEMIA, NY / ACCESSWIRE / December 30, 2015 / AmpliTech Group, Inc. (OTCQB: AMPG) announced today that they have received over $1 million in orders in the 4th Quarter of 2015. The company also announced that they have reached a record high in revenues for 2015 which amounts to a 16% increase over last year's revenue.
AmpliTech Group Reports Third Consecutive Profitable Quarter
ACCESSWIRE - Tue Nov 17, 1:16PM CST
BOHEMIA, NY / ACCESSWIRE / November 17, 2015 / AmpliTech Group (OTCQB: AMPG) announces another quarter of profitability for 2015. The filings for the third quarter of 2015 revealed positive results for AmpliTech Group. AMPG CEO Fawad Maqbool stated "We have stayed the course and kept our costs reasonable and pursued the course of steady surgical marketing and increased bookings." The company has not issued any additional shares or convertible debt and has obtained favorable financing to expand operations and increase our product offerings as mentioned in previous releases. Mr. Maqbool further stated "we are a little behind schedule from what we expected to achieve in terms of bookings and revenues because we are in the process of moving to a bigger facility to better serve our customers and improve efficiency of operations. However we expect to improve results for the last quarter of 2015 since we are negotiating to at least double our bookings through the same period last year and expect to immediately convert some of that to revenue for this year. Some highlights below better illustrate our progress:
AmpliTech Group reports on progress in Q2 2015
M2 - Wed Aug 19, 5:23AM CDT
AmpliTech Group Inc (OTC:AMPG) on Tuesday reported that it has maintained its profitability into the second quarter of 2015.
AmpliTech Group swings to profit in Q1 2015
M2 - Thu May 21, 4:30AM CDT
AmpliTech Group Inc (Other OTC:AMPG) reported on Wednesday that it recorded net consolidated profit of USD48,000 for the first quarter of 2015. This was an improvement over a net loss of USD82,000 in Q1 2014.
AmpliTech Group Reports First Quarter Profit
PR Newswire - Wed May 20, 7:00AM CDT
AmpliTech Group, Inc. (OTC-QB: AMPG) filed their 10-Q for the first quarter of 2015. CEO Fawad Maqbool stated, "AmpliTech Group has been following a path towards reducing its debt and operating expenses as well as increasing its bookings and revenue. We have taken great strides towards our goals as stated in our previous press releases and I am pleased to report the highlights of those advances below."
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 Group Receives Over $1 Million in Orders
Marketwired - Wed Jul 27, 7:20AM CDT
FY2016 Revenue and Profit Expected to Surpass 2015
AmpliTech Receives Orders at Trade Show
Marketwired - Wed Jun 08, 2:01PM CDT
Positive Results at the Largest Industry Trade Show
AmpliTech to Exhibit at International Trade Shows
Marketwired - Fri May 13, 1:43PM CDT
Targeted Marketing Strategy to Increase Customer Base
AmpliTech Announces Profitable FY2015
Marketwired - Thu Mar 31, 3:00PM CDT
AmpliTech Group, Inc. (OTCQB: AMPG) (the "Company"
announced today that they have filed their 10K for FY2015. The 10K revealed that the Company's revenues increased and reached a record high. CEO Fawad Maqbool stated, "We are pleased to see that our new strategies of joint ventures, partnerships, eliminating toxic and high interest debt, obtaining low interest financing, and investing in advertising and customer awareness has resulted in a profitable FY2015." The key highlights appear below: AmpliTech Group Receives over $1 Million in Orders in 4th Quarter of 2015
ACCESSWIRE - Wed Dec 30, 11:55AM CST
BOHEMIA, NY / ACCESSWIRE / December 30, 2015 / AmpliTech Group, Inc. (OTCQB: AMPG) announced today that they have received over $1 million in orders in the 4th Quarter of 2015. The company also announced that they have reached a record high in revenues for 2015 which amounts to a 16% increase over last year's revenue.
AmpliTech Group Reports Third Consecutive Profitable Quarter
ACCESSWIRE - Tue Nov 17, 1:16PM CST
BOHEMIA, NY / ACCESSWIRE / November 17, 2015 / AmpliTech Group (OTCQB: AMPG) announces another quarter of profitability for 2015. The filings for the third quarter of 2015 revealed positive results for AmpliTech Group. AMPG CEO Fawad Maqbool stated "We have stayed the course and kept our costs reasonable and pursued the course of steady surgical marketing and increased bookings." The company has not issued any additional shares or convertible debt and has obtained favorable financing to expand operations and increase our product offerings as mentioned in previous releases. Mr. Maqbool further stated "we are a little behind schedule from what we expected to achieve in terms of bookings and revenues because we are in the process of moving to a bigger facility to better serve our customers and improve efficiency of operations. However we expect to improve results for the last quarter of 2015 since we are negotiating to at least double our bookings through the same period last year and expect to immediately convert some of that to revenue for this year. Some highlights below better illustrate our progress:
AmpliTech Group reports on progress in Q2 2015
M2 - Wed Aug 19, 5:23AM CDT
AmpliTech Group Inc (OTC:AMPG) on Tuesday reported that it has maintained its profitability into the second quarter of 2015.
AmpliTech Group swings to profit in Q1 2015
M2 - Thu May 21, 4:30AM CDT
AmpliTech Group Inc (Other OTC:AMPG) reported on Wednesday that it recorded net consolidated profit of USD48,000 for the first quarter of 2015. This was an improvement over a net loss of USD82,000 in Q1 2014.
AmpliTech Group Reports First Quarter Profit
PR Newswire - Wed May 20, 7:00AM CDT
AmpliTech Group, Inc. (OTC-QB: AMPG) filed their 10-Q for the first quarter of 2015. CEO Fawad Maqbool stated, "AmpliTech Group has been following a path towards reducing its debt and operating expenses as well as increasing its bookings and revenue. We have taken great strides towards our goals as stated in our previous press releases and I am pleased to report the highlights of those advances below."
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. 
