Exhibit 99.1

Allied Motion Reports Profit for the Fourth Quarter Ended December 31, 2009

DENVER--(BUSINESS WIRE)--March 1, 2010--

Allied Motion Technologies Inc. (NASDAQ:AMOT) today announced it achieved net income for the fourth quarter ended December 31, 2009 of $117,000 or $.02 per diluted share compared to net income of $280,000 or $.04 per diluted share for the quarter ended December 31, 2008. Net income for the fourth quarter 2009 includes a pretax restructuring charge of $710,000 ($469,000 after tax) related to the relocation of our COPI encoder operation to our Emoteq facility in Tulsa, OK plus net insurance recoveries of $380,000 ($251,000 after tax) related to the fire loss sustained at our COPI manufacturing facility in the fourth quarter 2008. The net insurance recoveries included in the fourth quarter 2008 were $157,000 ($104,000 after tax). Excluding these nonrecurring items, net income for the fourth quarter this year would be $335,000 compared to $176,000 for the fourth quarter last year.

Revenues for the quarter were down 3% to $17,025,000 compared to $17,568,000 last year. Bookings for the quarter ended December 31, 2009 were $12,204,000 down 10% when compared to the $13,617,000 for the same quarter last year. Backlog at December 31, 2009 was $20,977,000, reflecting an 11% decrease from December 31, 2008.

During the year ended December 31, 2009, the Company had a net loss of $12,449,000 or $1.65 per diluted share compared to net income of $2,909,000 or $.39 per diluted share for last year. The loss includes a pretax asset impairment charge of $15,986,000 ($11,105,000 after tax) and inventory adjustments of $600,000 ($417,000 after tax) primarily for excess and obsolete inventories recorded in the second quarter of 2009, and the restructuring charge of $710,000 ($469,000 after tax) plus net insurance recoveries of $431,000 ($284,000 after tax) recorded in the fourth quarter. The net insurance recoveries included in 2008 were $157,000 ($104,000 after tax). Excluding these nonrecurring items, net loss for 2009 would be $742,000 compared to net income of $2,805,000 last year.

Revenues for the year 2009 were $61,240,000 compared to $85,967,000 for last year, or a 29% decrease. The decrease in revenues reflects the effects of the worldwide economic recession, which adversely affected nearly all markets to which we sell our products. Bookings for the year ended December 31, 2009 were $58,047,000 down 26% when compared to the $78,116,000 for the year ended December 31, 2008.

During 2009, the downturn in the economy affected the overall results of the Company. During the second quarter, the Company, as required for accounting purposes, assessed the carrying value of long-lived amortizing assets and goodwill, and due to the severe effects the economic downturn has had, the Company determined that goodwill and certain fixed and intangible assets were impaired and the Company recorded a pretax impairment charge of $15,986,000.

The Company generated $2,819,000 of cash from operations in 2009 and ended the year with $4,470,000 of cash and $600,000 of bank debt as compared to $4,196,000 of cash and $2,800,000 of bank debt at December 31, 2008, or an improvement in our net cash and debt position of $2,474,000 for the year.


The following information was filed by Allied Motion Technologies Inc (AMOT) on Monday, March 1, 2010 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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