Exhibit 99.1

Allied Motion Reports Record Results for the Quarter and Year Ended December 31, 2014

AMHERST, N.Y.--(BUSINESS WIRE)--March 11, 2015--

Allied Motion Technologies Inc. (NASDAQ:AMOT) today announced net income increased 266% to $4,904,000 or $0.53 per diluted share for the quarter ended December 31, 2014 compared to $1,341,000 or $0.15 per diluted share for the quarter ended December 31, 2013. Revenues for the quarter increased 23% to $61,898,000 compared to $50,131,000 last year with sales to U.S. customers up 31% and foreign sales up 11%. Bookings for the quarter ended December 31, 2014 were $56.9 million compared to $51.7 million for the fourth quarter of 2013 or an increase of 10%. Backlog as of December 31, 2014 was $75.1 million compared to $75.6 million as of December 31, 2013, a decrease of 0.7% over the prior year. Debt net of cash at December 31, 2014 decreased to $61.7 million compared to $77.5 million at December 31, 2013 (including restricted cash).

“The year 2014 was truly transformative for Allied Motion and a year of record performance with sales nearly doubling, net income up 251%, diluted EPS up 236% and EBITDA up 219% over the prior year. As per the plan, Globe Motors and the core Allied Companies concentrated on growth synergies while allowing the operations to continue functioning with limited structural changes being made during the year,” commented Dick Warzala, Chairman and CEO of Allied Motion. “When comparing the combined actual results of Allied and Globe for the year ended December 31, 2014 to the pro forma results of Allied and Globe for the same period of 2013, our revenues increased to $249.7M from a proforma of $220.7M in 2013, net income increased to $13.9M from a proforma of $8.0M in 2013 and our earnings per diluted share increased to $1.51/share from a pro forma of $0.88 /share in 2013. For the year, we experienced growth in most of our served markets including Vehicle, Aerospace and Defense, Medical and Industrial, while our Electronics market was down. In the fourth quarter we began the process of aligning our combined team to begin the implementation of our long term strategy in support of our new growth and profitability objectives. As we move forward into the future, we believe the long term success of our Company will be further enhanced by executing our Strategy and leveraging our full capabilities to design innovative 'Motion Solutions That Change the Game' and meet the current and emerging needs of our customers in our served market segments.”

During the year ended December 31, 2014, the Company achieved net income of $13,860,000 or $1.51 per diluted share compared to net income of $3,953,000 or $.45 per diluted share for 2013. Revenues increased 99% to $249,682,000 compared to $125,502,000 last year with sales to U.S. customers up 130% and foreign sales up 58%. The overall 99% improvement in sales was the result of a sales volume increase of 101%, offset by a 2% decrease due to the impact of foreign currencies, primarily the U.S. Dollar strengthening vs. the Euro and the Swedish Krona.

Bookings for 2014 were $251.5 million compared to $121.1 million for 2013, or an increase of 108%.


The following information was filed by Allied Motion Technologies Inc (AMOT) on Wednesday, March 11, 2015 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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