Allied Motion Technologies : ASME Endorses ALIO Industries’ 15-Year Dedication to the Concept of Point Precision

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ASME Endorses ALIO Industries' 15-Year Dedication to the Concept of Point Precision

AMHERST, NY, January 24, 2022 -- Allied Motion Technologies Inc. (Nasdaq: AMOT) ("Allied Motion" or the "Company"), a designer and manufacturer of precision and specialty-controlled motion products and solutions for the global market, announced that the American Society of Mechanical Engineers' ("ASME") recently drafted B5.64 standard "Methods for the Performance Evaluation of Single Axis Linear Positioning Systems" is consistent with suggestions made by ALIO Industries ("ALIO"), an Allied Motion Company, over the last 15 years. The standard, which was recently passed for balloting, recognizes a new method for defining the precision of advanced motion control solutions and validates ALIO's leadership in precision motion control. Bill Hennessey, President of ALIO stated, "When analyzing motion control solutions that provide sub-micron and nanometer-level accuracy, ALIO has contended for a number of years that a new language is necessary, and new standards are required to indicate the real levels of precision that different motion control solutions can achieve. In fact, over 10 years ago ALIO trademarked the phrases Point Precision® and 6D Point Precision®. Today, with the publication of the ASME B5.64 standard, we take great pride in the substantiation of our efforts to redefine the way precision motion control solutions are measured. ALIO has effectively been operating within the guidelines of the new recommended standards over the last 15 years. Now, with extended global reach provided with Allied Motion, we believe we are extremely well positioned to be a leader in the global nano-positioning market." Dick Warzala, Allied Motion Chairman and CEO commented, "Over the last 15 years, ALIO has been producing motion control solutions for its customers with precision claims in line with the exacting requirements of Point Precision® and 6D Point Precision®. For the benefit of those requiring cutting-edge motion control solutions, we are excited that, via the ASME B5.64 standard, users will be able to assess the real levels of precision and repeatability that our motion control solutions offer." About Allied Motion Technologies Inc. Allied Motion (Nasdaq: AMOT) designs and manufactures precision controlled motion products and solutions used in a broad range of applications in the Vehicle, Medical, Aerospace & Defense, Electronic, and Industrial Markets. Headquartered in Amherst, NY, the Company has global operations and sells into markets across the United States, Canada, South America, Europe and Asia-Pacific. Allied Motion is a leader in controlled motion applications and is known worldwide for its expertise in electro-magnetic, mechanical, and electronic controlled motion technologies. Its products include nano precision positioning systems, servo control systems, motion controllers, digital servo amplifiers and drives, brushless servo, torque, and coreless motors, brush motors, integrated motor-drives, gear motors, gearing, incremental and absolute optical encoders, active (electronic) and passive (magnetic) filters for power quality and harmonic management, Industrial safety rated I/O Modules, Universal Industrial Communications Gateways and other controlled motion-related products. The Company's growth strategy is to be the controlled motion solutions leader in its select target markets by leveraging its "technology/know how" to develop integrated precision solutions that utilize multiple Allied Motion technologies to "change the game" and create higher value solutions for its customers. The Company routinely posts news and other important information on its website at www.alliedmotion.com. Safe Harbor Statement The statements in this news 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 statement that may predict, forecast, indicate, or imply future results, performance, or achievements. Examples of forward-looking statements include, among others, statements the Company makes regarding its ability to realize the potential benefits of the ALIO acquisition and to successfully integrate its operations; expected rates of growth and capturing market opportunities. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company's current beliefs, expectations and assumptions regarding the future of the Company's business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company's control. The Company's actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, general economic and business conditions, conditions affecting the industries served by the Company and its subsidiaries, conditions affecting the Company's customers and suppliers, competitor responses to the Company's products and services, the overall market acceptance of such products and services, the pace of bookings relative to shipments, the ability to expand into new markets and geographic regions, the success in acquiring new business, the impact of changes in income tax rates or policies, the severity, magnitude and duration of the COVID-19 pandemic, including impacts of the pandemic and of businesses' and governments' responses to the pandemic on our operations and personnel, and on commercial activity and demand across our and our customers' businesses, and on global supply chains; our inability to predict the extent to which the COVID-19 pandemic and related impacts will continue to adversely impact our business operations, financial performance, results of operations, financial position, the prices of our securities and the achievement of our strategic objectives and other factors disclosed in the Company's periodic reports filed with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made. New risks and uncertainties arise over time, and it is not possible for us to predict the occurrence of those matters or the manner in which they may affect us. 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. ### Investor Contact: Deborah K. Pawlowski Kei Advisors LLC Phone: [phone] Email: [e-mail]