PRINCETON, N.J., May 22, 2017 (GLOBE NEWSWIRE) -- Mikros Systems Corporation (OTCQB:MKRS) today announced that Mark Malone has joined the company as a corporate Vice President. Mr. Malone will focus on expanding existing and developing new commercial business opportunities.
Mr. Malone comes to Mikros following a 20+ year career in the investment banking and capital markets field. Most recently, he was Managing Director in the Institutional Equity Capital Markets division of Guggenheim Partners. Prior to that, Mr. Malone held a variety of executive roles in equity sales and management, primarily at Lazard and Deutsche Bank.
Tom Meaney, Mikros President and CEO, commented, "We are excited to have Mark on board and feel he has the skill set and experience to grow our existing commercial business and break into new markets. He is a proven executive with a long track record of developing new business, raising capital, and managing executive level relationships in the private and public sector. We see his skills as complementary to our existing management team and expect that they will transfer nicely over to Mikros."
Mr. Malone received his BS in Business Administration from the University of Richmond. He will be based in Mikros' Ft. Washington, PA office.
Mikros Systems Corporation is an advanced technology company specializing in the development and production of electronic systems technology for advanced maintenance in military, industrial and commercial applications. Classified by the U.S. Department of Defense as a small business, its capabilities include technology management, electronic systems engineering and integration, radar systems engineering, command, control, communications, computers and intelligence systems engineering, and communications engineering. For more information on Mikros, please visit: www.mikrossystems.com.
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