CHELMSFORD, Mass. - August 7, 2012
- Mercury
Computer Systems, Inc. (NASDAQ: MRCY, www.mc.com), a trusted provider of
commercially developed application-ready ISR and EW subsystems for defense
prime contractors, announced it received an initial order from a leading
defense prime contractor to design an optimized high performance processing
subsystem based on commercially developed OpenVPX Intel-server class building
blocks. The new design, based on open industry standards, will support an
advanced target tracking application for use on unmanned aerial vehicles. Projected revenues to Mercury for this
program are in excess of $5M over the next five years.
“We
are very pleased to continue and expand our relationship as a trusted partner
with this customer, supplying them with a subsystem solution that is key to an
important new mission,” said Didier Thibaud, President of Mercury Computer
Systems’ Advanced Computing Solutions business unit.
For
more information, visit mc.com or contact Mercury at (866) 627-6951 or
info@mc.com.
Mercury Computer Systems, Inc. – Where Challenges Drive Innovation®
Mercury Computer
Systems (www.mc.com, NASDAQ: MRCY) is a best-of-breed
provider of open, commercially developed, application-ready, multi-INT
subsystems for defense prime contractors. With
over 30 years of experience in embedded computing, superior domain expertise in
radar, EW, EO/IR, C4I and sonar applications,
and more than 300 successful program deployments including Aegis, Global Hawk
and Predator, Mercury’s Services and Systems Integration (SSI) team leads the
industry in partnering with customers to design and integrate system-level
solutions that minimize program risk, maximize application portability and
accelerate customers’ time to market.
Mercury
is based in Chelmsford, Massachusetts, and serves customers worldwide through a
broad network of direct sales offices, subsidiaries and distributors.
Forward-Looking Safe Harbor Statement
This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to the products and services described herein. You can identify these statements by the use of the words “may,” “will,” “could,” “should,” “would,” “plans,” “expects,” “anticipates,” “continue,” “estimate,” “project,” “intend,” “likely,” “probable,” and similar expressions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs, the timing of such funding, general economic and business conditions, including unforeseen weakness in the Company’s markets, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in the U.S. Government’s interpretation of federal procurement rules and regulations, market acceptance of the Company's products, shortages in components, production delays due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions and divestitures or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, changes to export regulations, increases in tax rates, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, unanticipated costs under fixed-price service and system integration engagements, and various other factors beyond our control. These risks and uncertainties also include such additional risk factors as are discussed in the Company's filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2011. The Company cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.
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Contact:
Robert McGrail, Director of Corporate Communications
Mercury Computer Systems, Inc.
+1 978-967-1366 / rmcgrail@mc.com
Challenges Drive Innovation, Ensemble and Echotek are registered trademarks and Application Ready Subsystem and ARS are trademarks of Mercury Computer Systems, Inc. Other product and company names mentioned may be trademarks and/or registered trademarks of their respective holders.