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AmpliTech to Expand Product Offerings With Joint Ventures

BOHEMIA, N.Y., April 8, 2015 (GLOBE NEWSWIRE) -- 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.

About AmpliTech Group, Inc.

AmpliTech Group, Inc. is an innovative provider of advanced radio frequency technology solutions serving applications from 50 kHz to 100 GHz across a diverse mix of markets. AmpliTech designs, develops, and manufactures custom and standard state-of-the-art RF and microwave and millimeter-wave components and integrated modules for the Domestic and International, SATCOM, Space, wireless infrastructure, test & measurement, and Military markets. In addition to our product offerings we leverage our design and product development expertise and core competencies to provide consulting and manufacturing services to our customers helping them reduce design cycle time and cost, achieve faster time to market, and lower manufacturing costs. Our steady growth over the past 13+ years has been the result of our commitment to not only meet, but to exceed the rigorous performance, quality, and reliability requirements of our diverse mix of customers. Click here to view AmpliTech video. Website: http://www.AmpliTechinc.com

Forward-looking Statements

This release contains statements that constitute forward-looking statements. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

CONTACT: Fawad Maqbool, CEO, AmpliTech Group, Inc. (631) 521-7831, Ext. 212Source:AmpliTech Group, Inc.