WASHINGTON, March 18 /PRNewswire-FirstCall/ -- In the air, on land, and in the sea -- Mercury Computer Systems, Inc. (NASDAQ: MRCY) continues a 25-year tradition of applying its domain expertise and systems engineering prowess to discovering and developing innovative solutions for the real-world computing challenges that its customers face today. Mercury Federal Systems, Inc., a wholly owned Mercury subsidiary that offers consulting and software engineering services to the government, will demonstrate an enhanced situational awareness solution as part of its edge computational capabilities for C4ISR systems in Booth #3404, at the 2008 Navy League Sea-Air-Space Exposition in Washington, DC , on March 18-20.
As part of Mercury's long-term strategy to expand its software and services presence and pursue growth in markets adjacent to defense computing, Mercury Federal Systems offers a wide range of engineering architecture and design services that enable clients to deploy edge computational capabilities for C4ISR (Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance) systems on an accelerated time cycle. Combined with Mercury's high-performance computing systems and world-class domain expertise in designing COTS-based, open-system solutions for many defense and commercial environments, Mercury Federal Systems provides a clear advantage to government agencies in enabling client agility and compatibility and reducing the financial risks associated with incorporating differing technologies and platforms. As an example, Mercury's enhanced situational awareness solution featuring synthetic vision technology represents a revolutionary approach to combating an ongoing problem that inflicts sometimes fatal consequences on valuable ground, air, and sea assets including civilian and military personnel.
The Company also announced Mercury Federal Systems' participation as an Industrial Partner in COEUT, the Center of Excellence in Undersea Technology (www.coeut.org), whose mission is to perform basic and applied research focused on the design, development, testing, and implementation of a wide variety of undersea technologies that support both military and civilian applications. COEUT's research areas include distributed network systems for ocean and sea floor monitoring; underwater communication, detection and classification systems; and virtual ocean simulators.
"Mercury's long-standing expertise in addressing hardware and software infrastructure and integration requirements across diverse platforms aptly extends to the current needs of program managers in intelligence, C4ISR, and homeland security, and is highly complementary to COEUT's mission," said Terry Ryan , Senior Vice President and General Manager of Mercury Federal Systems, Inc. "Our mission at Mercury Federal Systems is to provide our valuable integration and acceleration services on a larger scale to defense initiatives that aim to improve data dissemination, data gathering, and situational awareness, both in times of war and peace."
The 2008 Navy League Sea-Air-Space Exposition (www.sasexpo.org/2008), to be held on March 18-20 at the Marriott Wardman Park Hotel, is open to active duty, reserve, and retired U.S. military personnel, U.S. government employees, members of congress and their staffs, representatives of foreign embassies, and Navy League members at no charge. The Expo will focus on Global Maritime Security and showcase more than 150 leading defense companies exhibiting weapons and sea power technologies for the 21st century. For more information on Mercury Federal Systems' premier consulting and software engineering services:
Mercury Computer Systems, Inc. -- Where Challenges Drive Innovation
Mercury Computer Systems (www.mc.com) provides specialized, high- performance computing systems and software designed for complex HPC and embedded applications in a range of industries that include aerospace and defense, telecommunications, medical imaging, semiconductor, EDA, and more. Our products are built with deep expertise in algorithm optimization and silicon design, combined with software application knowledge and industry- standard technologies. With unmatched system integration and support capabilities, we enable our customers to gain the competitive advantage they need to stay at the forefront of the markets they serve.
Mercury is based in Chelmsford, Massachusetts and serves customers worldwide through a broad network of direct sales offices, subsidiaries, and distributors. We are listed on the Nasdaq Global Select Market (NASDAQ: MRCY).
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 Mercury Federal Systems, Inc. and Mercury Computer Systems, Inc. You can identify these statements by our use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," 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 geo-political 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 or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, and difficulties in retaining key customers. These risks and uncertainties also include such additional risk factors as are discussed in the Company's recent filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2007 . 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 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.