Kratos Announces Cyber Battlefield Related Network Management Contract Awards
SAN DIEGO, Jul 12, 2010 (GlobeNewswire via COMTEX News Network) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, today announced new contract awards for its flagship network management and situational awareness products, NeuralStar(R) and dopplerVUE(R), from two unnamed National Security and defense-focused agencies of the United States.
"These wins continue a trend of recent successes for Kratos' Network Management, Situational Awareness and Cyber Security products," said Mike Smith, General Manager of Kratos Networks. "In both of these new contract awards, Kratos' products will have the same core mission -- supporting America's Warfighters with the reliable network operations needed in today's cyber battlefield."
Kratos Networks Division delivers products and services that assure the availability, reliability and security of network-centered organizations. The Kratos Management Platform provides underlying technology for the company's two flagship products, NeuralStar(R), an enterprise-class IT management solution that integrates data across distributed networks, and dopplerVUE(R), an easy to use network monitoring and management tool that brings enterprise-grade features to field and tactical networks of any size. For more on Kratos Networks, NeuralStar(R) and dopplerVUE(R), please visit www.KratosNetworks.com
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) provides mission critical products, services and solutions for United States National Security. Principal products, services and solution offerings relate to and support C5ISR, weapon systems sustainment, military weapon range operations and technical services, network engineering services, information assurance and cyber security solutions, security and surveillance systems, and critical infrastructure security system design and integration. The Company is headquartered in San Diego, California, with resources located throughout the U.S. and at key strategic military locations. News and information are available at www.KratosDefense.com.
The Kratos Defense & Security Solutions, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3519
Notice Regarding Forward-Looking Statements
This news release contains certain forward-looking statements including, without limitation, expressed or implied statements concerning the Company's expectations regarding the market for the Company's NeuralStar(R) and dopplerVUE(R) products. Such statements are only predictions, and the Company's actual results may differ materially. Factors that may cause the Company's results to differ include, but are not limited to: risks that the market for the Company's products will not develop in accordance with the Company's expectations; risks that the customers will curtail or delay the work under the contracts; 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; and 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's Annual Report on Form 10-K for the period ended December 27, 2009, the Company's Quarterly Report on Form 10-Q for the period ended March 28, 2010, and in other filings made with the Securities and Exchange Commission.
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SOURCE: Kratos Defense & Security Solutions, Inc.
CONTACT: Kratos Defense & Security Solutions, Inc. Press Contact: Yolanda White 858-812-7302 Investor Information: 877-934-4687 investor@kratosdefense.com
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