Innovation Centers Demonstrably Illustrate Depth and Breadth of
Mercury's Groundbreaking Technologies Powering the Defense Industry's
Most Advanced and Widely Deployed Platforms
CHELMSFORD, Mass., Feb. 25, 2015 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (Nasdaq:MRCY) (www.mrcy.com), a leading high-tech commercial provider of more affordable secure and sensor processing subsystems powering today's critical defense and intelligence applications, announced it has opened the second of four planned, world-class Mercury Innovation Centers – this one located at its corporate headquarters in Chelmsford, Mass. The first Mercury Innovation Center opened on April 18, 2014, at the Company's Advanced Microelectronics Center (AMC) in Hudson, N.H.
"The Mercury Innovation Centers are visible proof of how we bring our 'Innovation That Matters' corporate vision to life every day for our customers and the critical defense and intelligence applications we support," said Mark Aslett, President and CEO of Mercury Systems. "Mercury invests as much as 20 percent of revenue into research and development to help drive the industrywide adoption of open systems architectures and to support programs that are essential to our nation's and allies' defense. Our innovations have helped establish Mercury as the choice for affordable, commercially developed, open secure and sensor processing subsystems."
This newest Mercury Innovation Center is a showplace for the Company's advanced embedded and high-performance capabilities across the sensor processing chain, industry-leading thermal cooling solutions, and a wide range of state-of-the-art technologies and subsystems that are relied on by leading defense Prime contractors.
The company has already started the development of Mercury Innovation Centers at its Advanced Microelectronics Center (AMC) in West Caldwell, N.J., and at its Cypress, Calif., facility. Both are expected to be opened in 2015. For more information on Mercury Systems and the Mercury Innovation Centers, visit www.mrcy.com or contact the company at (866) 627-6951 or info@mrcy.com.
Mercury Systems – Innovation That Matters™
Mercury Systems (Nasdaq:MRCY) is the better alternative for affordable, secure and sensor processing subsystems designed and made in the USA. Optimized for program and mission success, Mercury's solutions power a wide variety of critical defense and intelligence applications on more than 300 programs such as Aegis, Patriot, SEWIP, F-35 and Gorgon Stare. Headquartered in Chelmsford, Massachusetts, Mercury Systems is a high-tech commercial company purpose-built to meet rapidly evolving next-generation defense electronics challenges. To learn more, visit www.mrcy.com.
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 described herein. You can identify these statements by the use of the words "may," "will," "could," "should," "would," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," "likely," "forecast," "probable," "potential," 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, continued funding of defense programs, the timing and amounts of such funding, 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, changes in, or in the U.S. Government's interpretation of, federal export control or 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, divestitures and restructurings, 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, 2014. 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.
Mercury Systems and Innovation That Matters are trademarks of Mercury Systems, Inc. Other product and company names mentioned may be trademarks and/or registered trademarks of their respective holders.