Applied Energetics

"Innovative Ultrafast Lasers and Particle Beam Systems"

Applied Energetics Reports Fourth Quarter 2010 Financial Results


TUCSON, Ariz. — March 14, 2011-- Applied Energetics, Inc., (NASDAQ: AERG), today reported summary financial results for the fourth quarter and fiscal year ended December 31, 2010. The Company will host a live conference call today, March 14th at 11:00 a.m. (Eastern Time).

Fourth Quarter and Year-to-Date 2010 Summary Financial Results

Revenue for the fourth quarter of 2010 increased about 162% to approximately $3.4 million, compared to approximately $1.3 million for the same period last year. Counter-IED (CIED) program revenue for the fourth quarter of 2010 increased by $2.1 million to $2.4 million as activities were focused on fulfilling our customers' requirements under the $10.4 million contract modification received in January of 2010. Revenue from Laser Guided Energy™ (LGE) for the fourth quarter of 2010 increased by $15,000 to $563,000 , and revenue from High Voltage products also increased by $191,000 to $329,000 for the fourth quarter of 2010. Revenues for the Ultrashort Pulse Laser product line had a decrease of $192,000 for the fourth quarter of 2010

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Applied Energetics Schedules Fouth Quarter 2010 Financial Results


Tucson, AZ, March 7, 2011 – Applied Energetics, Inc., (NASDAQ: AERG), announced that Joseph Hayden, President, and Humberto Astorga, Chief Financial Officer, will discuss the Company's results for the fourth quarter and year ended December 31, 2010, during a conference call scheduled for March 14, 2011, at 11:00 a.m. ET. The Company's financial results for the fourth quarter and fiscal year 2010 are scheduled to be released before the open of the market on March 14.

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