AmpliTech Group Named Finalist in Prestigious HIA-LI 29th Annual Business Achievement Awards

Finalists Represent Top Contenders for Long Island-based Business Awards; Winners will be Announced during HIA-LI Annual Business Achievement Awards, Thursday, September 21, 2023

HAUPPAUGE, NY / ACCESSWIRE / August 23, 2023 / AmpliTech Group, Inc (Nasdaq:AMPG), a designer, developer, and manufacturer of state-of-the-art signal-processing components for satellite, 5G, and other communications networks, including the design of complete 5G/6G systems, and a worldwide distributor of packages and lids for integrated circuit assembly, is pleased to announce that it has been selected as a Small Business finalist in the Business Achievement Awards competition conducted by HIA-LI, the recognized voice for business on Long Island. Recipients will be announced during an awards ceremony at Crest Hollow Country Club, 8325 Jericho Turnpike, Woodbury, NY 11797 from 11:00 AM- 1:30 PM on Thursday, September 21, 2023.

"AmpliTech Group is honored to be among the finalists in the Small Business category of the HIA-LI Business Achievement Awards," said Fawad Maqbool, CEO of AmpliTech Group. "The HIA-LI Business Achievement Awards are among the most prestigious honors awarded to outstanding Long Island-based businesses. For nearly two decades, HIA-LI has recognized the best of the best business on Long Island and AmpliTech Group is proud to be among those nominated."

"HIA-LI is pleased to recognize AmpliTech Group as a finalist in the Small Business of our Business Achievement Awards competition," said Terri Alessi-Miceli, President & CEO of HIA-LI. "Our finalists represent some of the highest performing and best-run companies on Long Island and in the world. AmpliTech Group has been named a finalist in recognition of its achievements in industry leadership, creativity, successful business operations, corporate vision, and other characteristics vital to developing and growing a winning organization."

In choosing the finalists, the selection committee considered multiple factors. The award criteria include:

• Positive employer/employee relations
• Commitment to the growth or betterment of the Long Island business community
• Revenue and profitability trends over the last three years
• Three to five-year vision for the company's future

Additional criteria that were considered include:

• Recent outstanding accomplishments
• Technical innovation or innovative processes
• Expansion into new markets
• Industry leadership
• Overcoming adversity

Those interested in attending the luncheon, or companies interested in becoming sponsors, should contact Anthony Forgione, HIA-LI Director of Business Development, at [e-mail] or 631-543-5355.