SYS Technologies Announces Further Network Management Solutions Deployments
16 4์ 2008 - 9:55PM
Business Wire
SYS Technologies, Inc. (๏ฟฝSYS๏ฟฝ) (AMEX: SYS), a leading provider of
information connectivity solutions that enable situational
awareness and real-time collaboration, announced today that its new
network management software product, dopplerVUE, continues to show
strong initial adoption by a broad range of customers, including a
state Army National Guard unit, the U.S. State Department and a
commercial managed services provider. SYS, which recently signed an
agreement to be acquired by Kratos Defense & Security Solutions
(Nasdaq: KTOS), recently launched dopplerVUE which is SYS๏ฟฝ
next-generation network management tool that integrates fault and
performance monitoring with discovery and automated mapping into a
single unified dashboard across networked devices, applications and
services. ๏ฟฝWe have been very pleased with the interest demonstrated
by some of these early adopters of dopplerVUE. These deployments
support our strategy of developing cutting edge network management
software that can address all kinds and sizes of networks,๏ฟฝ said
Cliff Cooke, CEO of SYS Technologies. ๏ฟฝAs reliance upon
net-centered applications and communications grows, the need to
assure the reliability of the underlying infrastructure is
mission-critical, whether the mission is defense, disaster relief,
education or commerce. We are especially gratified to see that such
a wide variety of organizations have recognized the value of
dopplerVUE, especially during this initial launch phase. We are now
well positioned to pursue a much broader set of customers with a
more diversified network management software portfolio through the
combination of dopplerVUE targeting smaller network footprints and
NeuralStar continuing to target larger enterprise networks.๏ฟฝ With
superior visibility and advanced monitoring features, dopplerVUE
brings the power of advanced management to smaller and mid-sized
organizations. The Army National Guard unit, for example, will
implement dopplerVUE to manage 115 armories, providing them with a
comprehensive view of their statewide network in one interface, a
factor critical for tactical and mobility purposes. Also important
for the National Guard is dopplerVUE๏ฟฝs ease of use, which allows
for efficient adoption by rotating personnel to keep critical
applications running at all times as well as dopplerVUE๏ฟฝs advanced
support for new IPv6 elements. About dopplerVUE dopplerVUE is SYS๏ฟฝ
network management solution for smaller and mid-sized organizations
and enterprises. It is an easy to use, quick to install solution
that brings management and monitoring features once available only
in expensive enterprise solutions. Priced and packaged for even
small organizations, dopplerVUE delivers unmatched visibility and
self-aware monitoring that helps overburdened management teams
extend their reach and effectiveness. For more information, visit
www.dopplervue.com. About SYS Technologies SYS (AMEX: SYS), is a
leading provider of information connectivity solutions that
capture, analyze and present real-time information to our customers
in the Department of Defense, Department of Homeland Security,
other government agencies and to commercial companies. Using
interoperable communications software, sensors, digital video
broadcast and surveillance technologies, wireless networks, network
management, decision-support tools and Net-centric technologies,
our technical experts enhance complex decision-making. We also
provide solution lifecycle support with program, financial, test
and logistical services and training. Founded in 1966, SYS is
headquartered in San Diego and has principal offices in California
and Virginia. For additional information, visit
www.systechnologies.com. About Kratos Defense & Security
Solutions Kratos Defense & Security Solutions, Inc. (Nasdaq:
KTOS) provides mission critical engineering, IT services and war
fighter solutions for the U.S. federal government and for state and
local agencies. Principle services include C5ISR, weapon systems
lifecycle support, military weapon range and technical services,
network engineering services, advanced IT services, security and
surveillance systems, and critical infrastructure design and
integration. The Company is headquartered in San Diego, California,
with resources throughout the U.S. and in key strategic military
locations. News and information are available at
www.kratosdefense.com. Notice Regarding Forward-Looking Statements
This news release contains certain forward-looking statements
including, without limitation, expressed or implied statements
concerning the Company๏ฟฝs expectations regarding the timing of
closing of the acquisition, anticipated benefits to be realized
from the acquisition, future financial performance and cash flows
and market developments that involve risks and uncertainties. Such
statements are only predictions, and the Company๏ฟฝs actual results
may differ materially. Factors that may cause the Company๏ฟฝs results
to differ include, but are not limited to: risks that the closing
of the proposed merger between SYS and Kratos will be delayed or
that the conditions to closing will not be satisfied; risks that
the integration will prove more costly, take more time, or be more
distracting than currently anticipated; risks that the transaction
will cause disruption of the Company๏ฟฝs operations and distraction
of its management; risks of adverse regulatory action or
litigation; risks associated with debt leverage; risks that changes
or cutbacks in spending by the U.S. Department of Defense may
occur, which could cause delays or cancellations of key government
contracts; failure to successfully consummate acquisitions or
integrate acquired operations and competition in the marketplace
which could reduce revenues and profit margins. The Company
undertakes no obligation to update any forward-looking statements.
These and other risk factors are more fully discussed in the
Company๏ฟฝs Securities and Exchange Commission filings. Additional
Information In connection with the proposed acquisition of SYS by
Kratos Defense & Security Solutions, Inc. (๏ฟฝKratos๏ฟฝ), Kratos
has filed with the U.S. Securities and Exchange Commission (the
๏ฟฝSEC๏ฟฝ) a registration statement on Form S-4, which has not yet
become effective, containing a joint proxy statement/prospectus and
other relevant materials. INVESTORS AND SECURITY HOLDERS OF KRATOS
AND SYS ARE URGED TO READ THE DEFINITIVE JOINT PROXY
STATEMENT/PROSPECTUS WHEN IT BECOMES AVAILABLE BECAUSE IT WILL
CONTAIN IMPORTANT INFORMATION ABOUT KRATOS, SYS AND THE
ACQUISITION. The definitive joint proxy statement/prospectus and
other relevant materials (when they become available), and any
other documents filed by Kratos or SYS with the SEC, may be
obtained free of charge at the SEC๏ฟฝs web site at www.sec.gov. In
addition, investors and security holders may obtain free copies of
the documents filed with the SEC by Kratos by directing a request
to: Kratos Defense & Security Solutions, Inc., 4810 Eastgate
Mall, San Diego, CA 92121, Attn: Investor Relations, or by going to
Kratos๏ฟฝs corporate website at www.kratosdefense.com. Investors and
security holders may obtain free copies of the documents filed with
the SEC by SYS by contacting SYS Technologies, Inc., 5050 Murphy
Canyon Road, Suite 200, San Diego, CA 92123, Attn: Investor
Relations, or by going to SYS๏ฟฝ corporate website at
www.systechnologies.com. Kratos, SYS and their respective executive
officers and directors may be deemed to be participants in the
solicitation of proxies from the stockholders of Kratos and SYS in
favor of the acquisition. Information about the executive officers
and directors of Kratos is set forth in the proxy statement for
Kratos๏ฟฝs 2007 Annual Meeting of Stockholders, which was filed with
the SEC on October 10, 2007. Information about the executive
officers and directors of SYS and their ownership of SYS common
stock is set forth in the proxy statement for SYS๏ฟฝs 2007 Annual
Meeting of Stockholders, which was filed with the SEC on October
29, 2007. Investors and security holders may obtain more detailed
information regarding the direct and indirect interests of Kratos,
SYS and their respective executive officers and directors in the
acquisition by reading the joint proxy statement/prospectus
regarding the acquisition when it becomes available.
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