Mercury Computer Systems (ticker: MRCY, exchange: NASDAQ Global Select Market (.O))
News Release -
13-Jul-2009
Mercury Computer Systems Announces $2.7 Million Production Order from General Atomics Aeronautical Systems for Predator UAS Upgrade Mercury reaches 11-year milestone in providing the high-performance signal
processing capability for the most combat-proven UAS in the world
CHELMSFORD, Mass., July 13 /PRNewswire-FirstCall/ -- Mercury Computer
Systems, Inc. (Nasdaq: MRCY) (www.mc.com), a leading provider of embedded
computing systems and software for image, sensor, and signal processing
applications, announced it received a $2.7 million production order from
General Atomics Aeronautical Systems, Inc. (GA-ASI, www.ga-asi.com) to provide
RACE++ Series rugged computing modules for the Predator unmanned aircraft
system (UAS) Lynx Block 20 synthetic aperture radar (SAR) technology upgrade.
Since 1998, Mercury has continued to provide its scalable RACE Series and
RACE++ Series computing modules and software to enable high-performance signal
processing for multiple generations of GA-ASI's Lynx SAR product line. The
Lynx family of SAR reconnaissance and surveillance systems, along with
Mercury's signal processing modules, are installed on a variety of Predator
series UAS. As the most combat-proven unmanned aircraft system in the world,
the Predator UAS provides continuous and persistent armed reconnaissance and
battlefield support to ground troops.
The Lynx Block 20 radar upgrade is an extension of a production run
requested by the U.S. Air Force and will bring the number of signal processing
computing modules that Mercury has provided to GA-ASI to more than one
thousand.
"GA-ASI's world-class family of Lynx SAR systems and Predator UAS
continues to be deployed extensively on reconnaissance and surveillance
missions, bringing all-weather, very-high-resolution imagery to the
warfighter. The picture-quality imagery provided by the Lynx radar would not
be possible without Mercury's reliable, scalable, high-performance computing
modules and interconnect technology," said Brian Hoerl, Vice President of
Worldwide Sales for Advanced Computing Solutions at Mercury. Our processor
upgrades enable the Lynx radar to continue to give the warfighter leading-edge
performance within the current size, weight, and power constraints of the UAS.
This is yet another demonstration of how our technology road map has enabled
customers to seamlessly upgrade their system performance and accelerate their
embedded computing applications."
For more information on Mercury's comprehensive, cost-effective image,
sensor, and signal processing solutions, visit www.mc.com, or contact Mercury
at (866) 627-6951 or info@mc.com.
About GA-ASI
General Atomics Aeronautical Systems, Inc., an affiliate of General
Atomics, delivers situational awareness through providing unmanned aircraft,
radar, and electro-optic solutions for military and commercial applications
worldwide. The company's Aircraft Systems Group is a leading designer and
manufacturer of proven, reliable unmanned aircraft systems, including Predator
A, Predator B, Sky Warrior , and the new Predator C Avenger . It also
manufactures a variety of solid-state digital ground control stations (GCSs),
including the next-generation Advanced Cockpit GCS, and provides pilot
training and support services for UAS field operations. The Reconnaissance
Systems Group designs, manufactures, and integrates the Lynx SAR/GMTI radar
and sophisticated CLAW sensor control and image analysis software into both
manned and unmanned aircraft. It also integrates other sensor and
communication equipment into manned ISR aircraft and develops emerging
technologies in solid-state lasers, electro-optic sensors, and ultra-wideband
data links for government applications. For more information, please visit
www.ga-asi.com.
Mercury Computer Systems, Inc. - Where Challenges Drive Innovation(TM)
Mercury Computer Systems (Nasdaq: MRCY) (www.mc.com) provides embedded
computing systems and software that combine image, signal, and sensor
processing with information management for data-intensive applications. With
deep expertise in optimizing algorithms and software and in leveraging
industry-standard technologies, we work closely with customers to architect
comprehensive, purpose-built solutions that capture, process, and present data
for defense electronics, homeland security, and other computationally
challenging commercial markets. Our dedication to performance excellence and
collaborative innovation continues a 25-year history in enabling 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.
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 production order from General Atomics
Aeronautical 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,
2008. 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.
Predator, Lynx, Sky Warrior, Avenger, and CLAW and are registered
trademarks of General Atomics Aeronautical Systems, Inc. Challenges Drive
Innovation is a trademark, and RACE Series and RACE++ are registered
trademarks of Mercury Computer Systems, Inc. Other product and company names
may be trademarks and/or registered trademarks of their respective holders.
Contact:
Kathleen Sniezek, Public Relations Manager
Mercury Computer Systems, Inc.
978-967-1126 / ksniezek@mc.com
SOURCE Mercury Computer Systems, Inc.
07/13/2009
/CONTACT: Kathleen Sniezek, Public Relations Manager, Mercury Computer
Systems, Inc., +1-978-967-1126, ksniezek@mc.com/
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