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AMOT -- Allied Motion Technologies

post #1 of 64
Thread Starter 


Allied Motion Technologies Inc
Suite 150
23 Inverness Way East
Englewood, COLORADO 80112
UNITED STATES

Phone: +1 303 799-8520
Fax: +1 303 799-8521

Industry: Electronic Equipment
Employees: 343
Exchange: NASDAQ
Outstanding Shares: 6.3 million
Website: http://www.alliedmotion.com

Designs, manufactures and sells motor and servo motion products

Allied Motion Technologies, Inc.. The Group's principal activities are to design, manufacture and sell motor and servo motion products primarily to the Commercial Motor, Industrial Motion Control and Aerospace and Defense markets. It is organized into five subsidiaries: Emoteq Corporation, Computer Optical Products, Inc., Motor Products Corporation, Stature Electric, Inc. and Precision Motor Technology B.V. The markets served by the Group include medical, truck, bus and off road equipment, industrial automotion, pumps, semi-conductor equipment, packaging, medical, actuation, military, commercial aviation and industrial automation, and fiber-optic based telecommunications. The Group operates primarily in the United States and Europe. In 2004, the Group acquired Precision Motor Technology BV (Premotec) and Owosso Corporation.
post #2 of 64
Thread Starter 

Chart Last Six Months

post #3 of 64
Thread Starter 

Allied Motion Introduces New Medical Handtool Motor

January 2006: Allied Motion's Emoteq subsidiary recently announced the release of its new SLH series of small slotless brushless DC motors. These high performance, size 5 (0.5-inch, 12.7mm diameter) motors are specifically designed to power surgical hand pieces and similar precision instruments.

The new SLH boasts superior power-to-weight ratio and efficiency compared to competitive units, and is available in an autoclavable version. Emoteq will customize the SLH to suit your specific application requirements.


Allied Motion has a pending patent application on this product!

See http://www.alliedmotion.com
post #4 of 64
Thread Starter 

Another recent new product.

Here is another new product from Allied Motion from September 2005. This product was released just prior to the last quarterly report and now that it has been in the pipeline for one quarter, I am hoping there will be a reflected increase in the top line of the company. Don't forget, 4th quarter earnings report is due out in a few weeks.



Computer Optical Products Introduces Modular Hollow-Shaft Encoder for Resolutions up to 576,000 Measuring Points

Features:
Modular Incremental Encoder Size .75 x 1.78 x 2.3 inches.
Mounting 1.34 x 1.34 inches. User-selectable resolution from 5,000 to 576,000 counts per revolution.

Computer Optical Products, Inc. (COPI), an Allied Motion Technologies company, has augmented its modular encoder CP-2XX line with a special, high-resolution option.

The CP-250-HHC is an extremely versatile and rugged incremental encoder with eight user-selectable line counts. The cost effective unit offers a resolutions range from 5,000 up to 144,000 quadrature cycles per revolution (up to 576,000 measuring points) with a repeatability of +/- 1 count.

As a hollow-shaft encoder it can be adapted to shafts up to .39" (10mm) and can be easily mounted to any available platform. With a maximum frequency of 3 MHz the encoder allows a high motor RPM rate as well as a high resolution. The differential digital line driver output guaranties high noise immunity even when used with long cable runs.

The .25 mm (10 mil) non-glass disk to optics distance makes the unit very forgiving for motor run out and thermal shaft growth. Application include motors, actuators, medical devices, scanners, spectrum analyzers, monochromators, XY tables and in general any application where high resolution is required.

For further information please visit http://www.opticalencoder.com/pdf/CP-250-HHC.pdf or contact Mark Heidenwag, Applied Marketing Specialist, Computer Optical Products, California, Phone (800) 340-0404, Fax (818) 882-0492, Email: mh@alliedmotion.com, Internet: www.opticalencoder.com.

ABOUT COMPUTER OPTICAL PRODUCTS, INC.
Founded in 1983, Computer Optical Products, Inc. is an innovator in the design of optical encoders and servo motors, and related accessories for a large range of applications.

You can see our wide selection of incremental, absolute and shaft, hollow shaft encoders and servomotors at www.opticalencoder.com, or call (800) 340-0404 for free application assistance.

COPI is a division of Allied Motion Technologies, Inc. - www.alliedmotion.com

Mark Heidenwag
Applied Marketing Specialist
Computer Optical Products, Inc. (COPI)
9355 Eton Avenue
Chatsworth, CA 91311
(800) 340-0404 x14
(818) 882-0492 (fax)
(818) 439-2308 (cell)
http://www.opticalencoder.com/

COPI is a company of Allied Motion Technologies

Contacts:

Marketing:
Mark Heidenwag Applied Marketing Specialist
9355 Eton Avenue
Chatsworth CA 91311
USA
Phone: 800-340-0404 ext 14
FAX: 818-882-0492
post #5 of 64
Thread Starter 

Another new product.

High Resolution Optical Encoder Size 25 with up to 5 Million Pulses per Revolution



June 2005, CHATSWORTH, CA - Models CP850/950-HHC high-resolution incremental optical encoders are available in shafted or blind-hollow shaft versions with resolutions from 25,000 to 1,250,000 full quadrature cycles/rev (5 Million pulses). Designed for industrial applications that require high resolution in high precision positioning and measuring systems.

Computer Optical Products Inc (COPI), an Allied Motion company, offers a new family of high-resolution incremental optical encoders, the CP-850/950 HHC series. These cost-effective rotary optical encoders are available in 35 different resolutions, ranging from 25,000 up to 1,250,000 full quadrature A and B cycles per revolution, if used with edge detection 100,000 to 5,000,000 pulses per revolution respectively. Maximum frequency per channel is 2.5 MHz for a maximum of 120 RPM for the 1,250,000 c/r version. Absolute accuracy is ±12 arcseconds typical.

These encoders were specifically designed for high resolution/high precision positioning and measuring systems such as scanners, spectrum analyzers, tuneable lasers, digitizers, micro lithography equipment, photogrammetry, antenna pedestal positioning, high-resolution machine tools, telescope systems and rotary tables.

The model CP-850 comes standard with a 3/8" (9.53mm) shaft, whereas the hollow shaft model CP-950 is available for mounting on shafts with a diameter of up to 1/2" (12.7mm). The CP-850 is supplied with either a servo-mount or a square mounting flange, while CP-950 units are equipped with a flexible (spring) mount. Both models are industry-standard size 25 (2.5" body diameter) and only 2.5" (63.5mm) in length. The standard 24" (610mm) cable can be ordered as either side or end (axial) exit. A connector option is available. IP66-rated sealing is also available for either model.

The output format of both units is standard linedriver, complementary A/B quadrature and index signals, RS-422 compatible. Voltage supply is +5 VDC @ 250 mA max. Standard operating temperature ranges is from -20 °C to 85°C; different ratings are available as special order.

For further information please visit http://www.opticalencoder.com/summar...c_summary.html or contact Mark Heidenwag, Applied Marketing Specialist, Computer Optical Products, Inc., Phone (800) 340-0404, Fax (818) 882-0492, Email: heidenwag@alliedmotion.com, Internet: www.opticalencoder.com.

About Computer Optical Products, Inc.
Founded in 1983, Computer Optical Products, Inc. (COPI) is an innovator in the design of optical encoders, custom motor-encoder assemblies, and related accessories for a large range of applications. COPI is an Allied Motion Technologies company. (www.alliedmotion.com)

Contacts:

Marketing:
Mark Heidenwag Applied Marketing Specialist
USA
Phone: 800-340-0404
FAX: 818-882-0492

Company Information:
Name: Computer Optical Products, Inc.
Address: 9305-T Eton Ave.
City: Chatsworth
State: CA
ZIP: 91311
Country: USA
Phone: 800-482-2868
FAX: 818-882-0492
http://www.opticalencoder.com
post #6 of 64
Thread Starter 
I sould also point out low market cap, at this point only about 27 million dollars (for all five subsidiary companies). Please look at financials because this company makes a net profit each and every quarter. This is a true ground-floor opportunity.
post #7 of 64
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Three Month Comparison to Tech Sector

post #8 of 64
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Q4 & YE 2005 Allied Motion Technologies Inc. Earnings Conference Call


By BusinessWire
Last Update: 3/13/2006 4:03:01 PM Data provided by

DENVER, Mar 13, 2006 (BUSINESS WIRE) -- Allied Motion Technologies Inc. (AMOT) today announced that a conference call is scheduled for Thursday, March 16, 2006, at 11:30 a.m. Mountain Time (1:30 p.m. Eastern Time) to discuss the financial results for the quarter and year ended December 31, 2005. The call will include a presentation by Richard Smith, CEO and Richard Warzala, President and COO, followed by a question and answer period.

This call is being webcast by CCBN and can be accessed at Allied Motion's web site at www.alliedmotion.com by clicking on the conference call icon. It may be necessary for first time visitors to go to the site prior to the scheduled call to download and install any necessary audio software.

During the question and answer period, priority will be given to addressing questions submitted in advance. Participants may submit questions via email to corpinfo@alliedmotion.com, by fax to Investor Relations at 303-799-8521 or by calling Investor Relations at 303- 799-8520. Instructions for asking questions during the call will be given at the beginning of the question period.

Headquartered in Denver, Colorado, Allied Motion designs, manufactures and sells motion control products into applications that serve many industry sectors. Allied Motion is a leading supplier of precision and specialty motion control components and systems to a broad spectrum of customers throughout the world.

SOURCE: Allied Motion Technologies Inc.
post #9 of 64
Thread Starter 
Allied Motion Reports Profits for the Quarter and Year Ended December 31, 2005


By BusinessWire
Last Update: 3/16/2006 10:45:01 AM Data provided by

DENVER, Mar 16, 2006 (BUSINESS WIRE) -- Allied Motion Technologies Inc. (AMOT) today announced it achieved net income for the year ended December 31, 2005, of $923,000 or $.13 per diluted share compared to net income of $2,250,000 or $.36 per diluted share last year. Revenues for the year increased 18% to $74,302,000 compared to $62,738,000 last year. Of this 18% increase, revenues from existing businesses decreased 9% points and incremental revenues achieved by the companies acquired in 2004 contributed 27% points of the increase. This year's results include the results from Stature Electric, Inc., a subsidiary that was acquired on May 10, 2004, in connection with the Owosso Corporation merger and also from Precision Motor Technology B.V. (Premotec), a subsidiary that was acquired on August 23, 2004.

During the fourth quarter of 2005, the Company achieved net income of $4,000 or $.00 per diluted share compared to $603,000 or $.09 per diluted share for the same period last year. Revenues were $18,891,000 for the quarter ended December 31, 2005, compared to $18,344,000 for the quarter ended December 31, 2004. Backlog at December 31, 2005, was $25,172,000, or a 17% increase from the beginning of the year.

"The financial results we achieved in the 4th quarter and for 2005 were disappointing," commented Dick Smith, CEO of Allied Motion. "The decline in profits during 2005 was due to several factors -- a significant unfavorable profit swing at Stature, one of our new operating companies, a drop in sales of some of our higher margin business, the investment made to establish our Asian manufacturing capability and incremental inventory reserves that were provided for excess and obsolete inventory. We were also delayed in getting our production ramped up at our Asian manufacturing facility which resulted in us not achieving the cost improvements that we anticipated. We believe we have either gotten these issues behind us or we have made progress in resolving the issues so that they will not have as much of an adverse effect on us in 2006. We still have some challenges at Stature but we should start to see an improvement in its operations as we progress through 2006. While we are disappointed by the decrease in profits for 2005, we have continued to execute our strategy that is building the foundation necessary to achieve our long-term goals for growth in sales and profitability, as well as to facilitate our continued expansion into the motion control industry."

Dick Warzala, President of Allied Motion, added: "The significant investments we made in Asia during 2005 have been made with a long-term outlook towards cost reduction and the top line growth of our business. We are now producing and shipping products from this facility and with the cost structure it provides, we are able to compete for several significant new projects and secure existing business that will help us achieve our internal growth goals in the future. Our product development efforts and AST implementation will further enhance our competitiveness and we remain committed to manage our Company to achieve our long term goals."

Headquartered in Denver, Colorado, Allied Motion designs, manufactures and sells motion control products into applications that serve many industry sectors. Allied Motion is a leading supplier of precision and specialty motion control components and systems to a broad spectrum of customers throughout the world.
post #10 of 64
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(cont.)

The statements in this press release and in the Company's March 16, 2006 conference call that relate to future plans, events or performance are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, any statements that may predict, forecast, indicate, or imply future results, performance, or achievements. Forward-looking statements involve known and unknown risks and uncertainties that may cause actual results of the Company to differ materially from the forward-looking statements. The risks and uncertainties include international, national and local general business and economic conditions in the Company's motion markets, introduction of new technologies, products and competitors, the ability to protect the Company's intellectual property, the ability of the Company to sustain, manage or forecast its growth and product acceptance, success of new corporation strategies and implementation of defined critical issues designed for growth and improvement in profits, the continued success of the Company's customers to allow the Company to realize revenues from its order backlog and to support the Company's expected delivery schedules, the continued viability of the Company's customers and their ability to adapt to changing technology and product demand, the ability of the Company to meet the technical specifications of its customers, the continued availability of parts and components, increased competition and changes in competitor responses to the Company's products and services, changes in government regulations, availability of financing, the ability of the Company's lenders and financial institutions to provide additional funds if needed for operations or for making future acquisitions or the ability of the Company to obtain alternate financing if present sources of financing are terminated, the ability to attract and retain qualified personnel who can design new applications and products for the motion industry, the ability of the Company to identify and consummate favorable acquisitions to support growth and new technology, and the ability of the Company to control costs for the purpose of improving profitability. The Company's ability to compete in this market depends upon its capacity to anticipate the need for new products, and to continue to design and market those products to meet customers' needs in a competitive world. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements as a prediction of actual results. The Company has no obligation or intent to release publicly any revisions to any forward looking statements, whether as a result of new information, future events, or otherwise.

SOURCE: Allied Motion Technologies Inc.
post #11 of 64
Thread Starter 
This is only a summary prepared by me. If you want direct information I suggest you listen to the recent conference call.

Well obviously we have had another bump in the road. Notwithstanding that fact, the state of this company is positive. I encourage others to listen to the conference call before investing based upon what I have to say.

First of all, I still see no panicking amoung AMOT shareholders despite a "disappointing" 4 quarter. Sure I was speculating on better earnings for the quarter, and that didn't happen. I made no secret about that. You can never know the future.

Here is what is going on with the company, Stature Electric, one of AMOT's newly-aquired subsidiary's, is suffering due to some commitments to deliver on low margain products. Stature Electric's present poor financial performance in dragging down the group as a whole. Also Allied is making the necessary capital expenditures to address that issue (China facility).

The China facility did not ramp up as quickly as expected, and it cost a bit more than expected. Rather than risk the loss of its current customers, Allied choose to continue to deliver the low margain product. A sound business move.

Premotec, on the other hand, has done quite well, in part because they are already subcontracting in Slovakia. And Emotec has released a number of new products this year which are higher margin and doing very well.

These new products are all about implimenting the companiy's strategy which is shifting into higher margain product segments with products in which Allied and other manufacturers MUST BE QUALIFIED. These market segments also have great potential for growth.

Allied is not seeking to compete with companies that mass produce low margain motors for things like desk-top printers. Highly-qualified, higher-margain market segments, that's what Allied is after. This is where the profits are for this company. The new products are concrete evidence we are getting there. It will take time before these new products generate $$$ due to nature of these segments.

You notice 2005 gross revenue is not down. It is way up over year 2004.

Once Allied's China facility is up and fully producing the lower margain products, Allied will see costs come down. It cannot grow the top line effectively again until that happens.

That China manufacturing facility is taking longer than expected to be productive. Furthermore, Allied Systematic Tools works and is still being implimented at the two new aquisitions and companywide. Allied continues to employ a proactive approach to producing better products at a lower cost.

That was me who picked up another 1000 shares yesterday at $3.70. These shares are cheap if you believe the company will get it together in 2006. Selling off a bit and buying in at cheaper prices is what is happening with the share price currently, but this is what smart investors do when they believe in the long term prospects of a company. I dont see any major cutting and runnning here.

I do believe in the long-term prospects of the company and the stock price because the groundwork for future growth is happening. I like management's business approach per the sentiments expressed in the conference call.

I am continuing to look long-term on this one. This stock will eventually pay off for investors, it just didn't happen THIS quarter. And at least we didn't lose money like so many other companies out there that are in the process of restructuring for growth.

So we ARE STILL HANGING TOUGH!
post #12 of 64
Thread Starter 

Q1 2006 Allied Motion Technologies Inc. Earnings Conference Call

Q1 2006 Allied Motion Technologies Inc. Earnings Conference Call


By BusinessWire
Last Update: 4/25/2006 12:10:01 PM Data provided by

DENVER, Apr 25, 2006 (BUSINESS WIRE) -- Allied Motion Technologies Inc. (AMOT) today announced that a conference call is scheduled for Monday, May 8, 2006, at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time) to discuss the financial results for the quarter ended March 31, 2006. The call will include a presentation by Richard Smith, CEO and Richard Warzala, President and COO, followed by a question and answer period

This call is being webcast by CCBN and can be accessed at Allied Motion's web site at www.alliedmotion.com by clicking on the conference call icon. It may be necessary for first time visitors to go to the site prior to the scheduled call to download and install any necessary audio software.

During the question and answer period, priority will be given to addressing questions submitted in advance. Participants may submit questions via email to corpinfo@alliedmotion.com, by fax to Investor Relations at 303-799-8521 or by calling Investor Relations at 303- 799-8520. Instructions for asking questions during the call will be given at the beginning of the question period.

Headquartered in Denver, Colorado, Allied Motion designs, manufactures and sells motion control products into applications that serve many industry sectors. Allied Motion is a leading supplier of precision and specialty motion control components and systems to a broad spectrum of customers throughout the world.

SOURCE: Allied Motion Technologies, Inc.
post #13 of 64
Thread Starter 
Allied Motion Sales and Net Income Increase Significantly for the Quarter Ended March 31, 2006


By BusinessWire
Last Update: 5/8/2006 9:30:01 AM Data provided by

DENVER, May 08, 2006 (BUSINESS WIRE) -- Allied Motion Technologies Inc. (AMOT) today announced it achieved net income for the quarter ended March 31, 2006 of $348,000 or $.05 per diluted share compared to net income of $168,000 or $.02 per diluted share for the same quarter last year, a 107%increase. Revenues for the quarter increased 15% to $21,199,000 compared to $18,455,000 last year. Backlog at March 31, 2006 was $29,494,000, or a 17% increase from the end of last year and a 31% increase from March 31, 2005.

"We are pleased with the improvement in sales and profit we achieved during the first quarter of 2006," commented Dick Smith, CEO of Allied Motion. "We achieved significant improvement in sales and margin from our industrial markets during the quarter. We also continued with the ramp up of production at our Asian manufacturing facility and we started to realize cost improvements in some of our product lines. Our sales backlog continues to increase and we are starting to realize new business from our new product introductions. We will continue to execute our strategy that is building the foundation necessary to achieve our long-term goals for growth in sales and profitability, as well as to facilitate our continued expansion into the motion control industry."

Dick Warzala, President of Allied Motion, added, "Our operations provided substantial sales and earnings growth in the quarter despite $249,000 of additional costs for our partially self insured medical plan and for audit costs in the first quarter of 2006 compared to 2005 which reduced net earnings by $.02 per diluted share. While we remain focused on continuous operating improvements including new customer development, new product development, AST implementation and LCR ramp up, we are also exploring ways to reduce our insurance and administrative costs to improve the overall performance of the company. Forward priced customer contracts and the increased raw material price increases we have experienced are being dealt with in a controlled and logical manner to ensure we realize margin improvements in the future."

Headquartered in Denver, Colorado, Allied Motion designs, manufactures and sells motion control products into applications that serve many industry sectors. Allied Motion is a leading supplier of precision and specialty motion control components and systems to a broad spectrum of customers throughout the world.
post #14 of 64
Thread Starter 
Allied Motion Receives $1.1 Million Commitment from Raytheon for Missile Application


By BusinessWire
Last Update: 5/31/2006 9:30:01 AM Data provided by

DENVER, May 31, 2006 (BUSINESS WIRE) -- Allied Motion Technologies Inc. (AMOT) today announced it has received a commitment from Raytheon Missile Systems, a business of Raytheon Company (RTN), to purchase gimbal servo modules from Allied's wholly owned subsidiary, Computer Optical Products, Inc. The total value of the commitment is $1,092,000. Allied will supply high precision, high resolution brushless DC motors and optical encoders for use in Joint Standoff Weapon (JSOW) missile systems. The motor and encoder are key components used in the Imaging Infrared (IIR) autonomous terminal seeker and tracker system of the missile. JSOW is a joint Navy and Air Force program. It is a family of low-cost, highly survivable, air-to-ground weapons employing an integrated Global Positioning System/Inertial Navigation system that guides the weapon to the target. After the weapon arrives in the target area, it utilizes the IIR seeker for autonomous guidance in the terminal phase of the flight to attack with precision accuracy. Allied and Raytheon have until September 5, 2006, to finalize the terms of the definitive purchase order. Shipments for this initial order are scheduled to occur over a 14-month period beginning in September 2006 with the potential for additional follow-on orders through 2011.

"Being selected by Raytheon and the tremendous support they have provided us to ensure we meet the demanding requirements as a partner in this application is very rewarding and we appreciate the trust Raytheon has placed in our capabilities," commented Dick Warzala, President and COO of Allied Motion Technologies. "The performance required of our products in the JSOW application demanded ruggedness and reliability. Our high performance products and engineering skills made the difference in successfully meeting the needs of this application."

Headquartered in Denver, Colorado, Allied Motion designs, manufactures and sells motion control products into applications that serve many industry sectors. Allied Motion is a leading supplier of precision and specialty motion control components and systems to a broad spectrum of customers throughout the world.

The statements in this press release that relate to future plans, events or performance are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, any statements that may predict, forecast, indicate, or imply future results, performance, or achievements. Forward-looking statements involve known and unknown risks and uncertainties that may cause actual results of the Company to differ materially from the forward-looking statements. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements as a prediction of actual results. The Company has no obligation or intent to release publicly any revisions to any forward-looking statements, whether as a result of new information, future events, or otherwise.

SOURCE: Allied Motion Technologies Inc.
post #15 of 64
Thread Starter 

Allied Motion Makes 2006 FORTUNE Small Business List

Allied Motion Makes 2006 FORTUNE Small Business List
DENVER, Jun 27, 2006 (BUSINESS WIRE) -- FORTUNE Small Business announced that again in 2006 Allied Motion Technologies Inc. (NASDAQ: AMOT) ranks among America's fastest-growing small companies. Allied Motion advanced from 91st on the fifth annual (2005) FSB 100 list to 33rd on FSB's 2006 list. The list, which is comprised of public companies, appears in the July/August issue of FORTUNE Small Business, available on newsstands July 4 and at www.fsb.com.

"Allied Motion Technologies Inc. is very pleased to again rank among America's fastest-growing small public companies. Overall, we rank at 33rd this year, advancing from 91st last year," said Dick Smith, Allied Motion's CEO. "Our three-year revenue growth average of about 49% ranks us at 9th on the FSB, and our three-year earnings growth rate of 64% ranks us at 35th. These results are a reflection of the dedication of all our employees in making Allied Motion successful."

Dick Warzala, Allied Motion's President & COO, added: "Our strategy is on track, and by once again being named by FSB as one of the fastest-growing small public companies, it is rewarding to be recognized for what we have accomplished. Through the implementation of AST (Allied Systematic Tools) in support of lean initiatives to continuously improve Quality, Delivery, Cost and Growth throughout the company, we will strive to once again improve our ranking in the FSB list for 2007."

To compile the list, FORTUNE Small Business asked financial research firm Zacks to screen annual reports for public companies with annual revenue of less than $200 million and a stock price of more than $1. Within that group, companies were ranked based on the past three years' earnings growth, revenue growth, and stock performance. Real estate firms and banks, which had begun to override the list in recent years, were not considered for the list.

Headquartered in Denver, Colorado, Allied Motion designs, manufactures and sells motion control products into applications that serve many industry sectors. Allied Motion is a leading supplier of precision and specialty motion control components and systems to a broad spectrum of customers throughout the world.

For more information about Allied Motion Technologies, please visit our website at www.alliedmotion.com.

SOURCE: Allied Motion Technologies Inc.
post #16 of 64
Thread Starter 

2Q Earnings will be Reported August 8

DENVER--(BUSINESS WIRE)--Aug. 3, 2006--Allied Motion Technologies Inc. (NASDAQ: AMOT - News) today announced that a conference call is scheduled for Tuesday, August 8, 2006, at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time) to discuss the financial results for the quarter and six months ended June 30, 2006. The call will include a presentation by Richard Smith, CEO and Richard Warzala, President and COO, followed by a question and answer period
Date Tuesday, August 8, 2006
Time 9:00am Mountain Time / 11:00am Eastern Time
Dial 800-901-5213 International 617-786-2962
Passcode 96994989 Allied Motion Technologies Inc.
Replay Until August 15, 2006 Passcode 40219426
888-286-8010 International 617-801-6888
Internet www.alliedmotion.com

This call is being webcast by CCBN and can be accessed at Allied Motion's web site at www.alliedmotion.com by clicking on the conference call icon. It may be necessary for first time visitors to go to the site prior to the scheduled call to download and install any necessary audio software.

During the question and answer period, priority will be given to addressing questions submitted in advance. Participants may submit questions via email to corpinfo@alliedmotion.com, by fax to Investor Relations at 303-799-8521 or by calling Investor Relations at 303-799-8520. Instructions for asking questions during the call will be given at the beginning of the question period.

Headquartered in Denver, Colorado, Allied Motion designs, manufactures and sells motion control products into applications that serve many industry sectors. Allied Motion is a leading supplier of precision and specialty motion control components and systems to a broad spectrum of customers throughout the world.



Contact:
Allied Motion Technologies, Inc.
Richard Smith or Sue Chiarmonte, 303-799-8520
corpinfo@alliedmotion.com

--------------------------------------------------------------------------------
Source: Allied Motion Technologies, Inc.
post #17 of 64
Thread Starter 

Allied Motion Reports Nice Second Quarter

8 cents a share. 12,000 share buy at the opening bell, but then the price drifted downward. It takes a lot to move a stock in the current environment. Still, I think we are headed for six dollars.

Anyone listen to the CC? These guys do what they say they are going to do without a lot of hype. I appreciate the approach, the efforts of employees and management and the success the company has had in executing its stated strategy.

I am happy to be an investor in Allied Motion. Keep up the great work. Great things are happening now and the future looks bright.


Allied Motion Reports Second Consecutive Quarter of Significant Sales and Net Income Increase and Appointment of New Director
DENVER--(BUSINESS WIRE)--Aug. 8, 2006--Allied Motion Technologies Inc. (NASDAQ: AMOT) today announced it achieved a 57% increase in net income and a 17% increase in sales for its second quarter ended June 30, 2006, over the same period last year. Allied achieved net income for the second quarter of $578,000 or $.08 per diluted share compared to $368,000 or $.05 per diluted share for the same period last year. Revenues for the quarter ended June 30, 2006, were $22,155,000 compared to $18,913,000 last year. Backlog at June 30, 2006, was $27,952,000, an 11% increase from the end of last year and a 28% increase from June 30, 2005.

During the six months ended June 30, 2006, the Company achieved net income of $926,000 or $.14 per diluted share compared to net income of $536,000 or $.08 per diluted share for the same six months last year. Revenues for the first six months this year increased 16% to $43,354,000, compared to $37,368,000 for the same period last year.

"We are quite pleased with the improvement in sales and profits we have achieved during the second quarter and for the first six months of this year," commented Dick Smith, CEO of Allied Motion. "We continue to achieve significant improvement in sales and margins from our industrial market solutions business and are encouraged by the cost improvements we are beginning to realize on some of our commercial motion products being produced in China. We are excited by this year-to-date performance and will continue to execute our strategy that is building the foundation necessary to achieve our long-term goals for growth in sales and profitability, as well as to facilitate our continued expansion into the motion control industry."

Dick Warzala, President of Allied Motion, added, "Our operations provided substantial sales and earnings growth in the first six months, reflecting our focus on continuous operating improvements including new customer development, new product development, AST implementation and LCR ramp-up. Sales continue to increase as we are successful in winning new business in both existing and new applications of our products. Especially exciting are the design wins occurring through the selective application of our new high-performance products that 'raise the bar' and meet the goals of our strategy. Additionally, forward-priced customer contracts and the increased raw material price increases we have experienced are being dealt with in a controlled and logical manner to ensure we realize margin improvements in the future."
post #18 of 64
Thread Starter 
Anyone in this but me? I have maintained a good position in this company, and I am VERY happy about that. Still a Great buy at these prices; in my opinion we will see over 8 dollars per share in 2007.
post #19 of 64
Thread Starter 

Recent Share Price Action



This baby is really taking off now. Am I still the only person here who is in this stock?
post #20 of 64
Thread Starter 

$7.01

Another 52 week high!
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