CHELMSFORD, Mass., March 5, 2012 (GLOBE NEWSWIRE) -- 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 that Robert J. Kohler, former Director of the Office of Development and Engineering with the Central Intelligence Agency (CIA), and Peter Marino, a nationally acclaimed expert on defense and intelligence issues, were elected to the Board of Directors of KOR Electronics, a wholly-owned subsidiary of Mercury Computer Systems, Inc., acquired in December 2011.
"We are delighted to announce that both Robert and Peter will be continuing as members of the KOR Electronics Board, where their expertise in intelligence and electronics will be a key asset," said Mark Aslett, President and CEO of Mercury Computer Systems, Inc. "Both gentlemen have a rich history of providing critical insight and counsel to technology supporting military and government programs. We look forward to working with them to maximize the contributions we make through our new subsidiary KOR Electronics."
Mr. Kohler is a member of the Board of Trustees of the Rochester Institute of Technology. His career with the CIA spanned 18 years, concluding with his assignment as Director of the Office of Development and Engineering, Directorate of Science and Technology, in Washington, D.C. After leaving the CIA, Mr. Kohler held executive positions with Lockheed Missiles and Space Co., ESL Inc. and most recently with TRW Inc. He received the CIA Distinguished Intelligence Medal and the National Intelligence Distinguished Service Medal in 1985, the Intelligence Medal of Merit and several other awards as a result of work on National Reconnaissance Office programs. Mr. Kohler earned his bachelor's degree in photographic science and technology from the Rochester Institute of Technology in 1959.
Throughout his distinguished career, Mr. Marino has held senior executive positions including the Director of Technical Service at the CIA; President and COO of both Lockheed Electronics Co., Inc. and Fairfield Industries, Inc.; Senior Vice President of E-Systems, Inc.; and CEO and President of Fire Arms Training Systems. He has also served on numerous boards including the Defense Science Board, the National Geospatial-Intelligence Agency Advisory Group and Qinetiq North America. He was an advisor for the Office of the Director of National Intelligence, Department of Homeland Security, Department of Defense, Defense Intelligence Agency, National Geospatial-Intelligence Agency, National Reconnaissance Office and the Central Intelligence Agency's Senior Advisory Group. Mr. Marino earned his bachelor's degree in physics from Rollins College and his master's degree in acoustics from Pennsylvania State University. He is a Harvard Senior Executive Fellow.
For more information on Mercury Computer Systems or KOR Electronics, visit www.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 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, 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.
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.