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Jun 23, 2011 at 12:00 AM EDT
Mercury Computer Systems Wins Contract to Deliver Embedded Products and Integration Services for Airborne Early Warning and Control Systems
Mercury Computer Systems Wins Contract to Deliver Embedded Products and Integration Services for Airborne Early Warning and Control Systems
CHELMSFORD, Mass., Jun 23, 2011 (BUSINESS WIRE) --
Mercury Computer Systems Inc., (NASDAQ: MRCY, www.mc.com), a trusted provider of commercially developed ISR subsystems, announced a multi-year contract award from a global provider of products, services and solutions for military defense. Mercury will provide embedded computing products and integration services that will enable radar and signal processing for high altitude aircraft detection systems used on commercial aircraft. These systems, with ranges spanning hundreds of miles, will provide intelligence for a variety of applications including homeland security and border patrol.
"This design win is evidence of Mercury's long-term commitment to customer success. Our expertise in radar systems, ongoing support and enhancements for currently deployed subsystem components and ability to ease migration to new technologies enables our customers to field-enhance capabilities with focused investments and controlled risk," said Didier Thibaud, Senior Vice President and General Manager, Mercury Computer Systems Advanced Computing Solutions business unit. "Mercury has been a trusted partner of this global leader for six years and has earned its respect for delivering strong system-wide performance and excellent customer technical support."
Mercury will deliver high performance Ensemble multiprocessing systems and carrier boards. In addition, Mercury will provide technology that optimizes processor resources for ultimate performance through a library of algorithm implementations and complete integration services.
For more information on Mercury's subsystem solutions, visit www.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 the ISR market. With over 25 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 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 provided for the products and services described above. You can identify these statements by the use of the words "may," "will," "could," "should," "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, 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, continued funding of defense programs, the timing of such funding, 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, 2010. 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.
Challenges Drive Innovation is a registered trademark and Ensemble is a trademark of Mercury Computer Systems, Inc. Other product and company names mentioned may be trademarks and/or registered trademarks of their respective holders.
SOURCE: Mercury Computer Systems Inc.
Mercury Computer Systems, Inc.
Robert McGrail, +1 978-967-1366
Director of ACS Marketing & Corporate Communications
rmcgrail@mc.com
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