Mercury Systems Joins Open Cloud Consortium
Will Collaborate on Cloud Computing Technologies in Support of Big Data
CHELMSFORD, Mass. – February 19, 2013(GLOBE NEWSWIRE) -- Mercury Systems,
Inc. (Nasdaq:MRCY) (www.mrcy.com), a best-of-breed provider of commercially
developed, open sensor and Big Data processing systems for critical
commercial, defense and intelligence applications, announced that its Mercury
Intelligence Systems business unit has joined the Open Cloud Consortium (OCC).
Mercury Intelligence Systems will collaborate with other members of the
organization on a wide range of topics related to Big Data analytics.
"Mercury is committed to taking a proactive role in developing the cloud
computing technologies required to leverage massive amounts of data in the
intelligence and defense communities," said Matt Hughes, President of Mercury
Intelligence Systems. "As an OCC member, our highly qualified team will share
its extensive experience in architecture, system design and integration;
software development and implementation; and mission operations, analysis and
support. Mercury Intelligence Systems' involvement with the Open Cloud
Consortium is yet another example of how we're enhancing our Big Data skills
as we apply them to critical programs and missions within the Intelligence
The OCC (www.opencloudconsortium.org) is a not-for-profit organization that
manages and operates cloud computing infrastructure to support scientific,
medical, health care and environmental research. OCC members span the globe
and include over 10 universities, over 15 companies, and over 5 government
agencies and national laboratories.The OCC is organized into different
working groups, which manage and operate the infrastructure and services that
it provides. Other members of the Open Cloud Consortium include Raytheon,
Cisco, Yahoo, Citrix and Booz Allen Hamilton.
For more information on Mercury Intelligence Systems, visit
www.mrcy.com/intelligence_systems/ or contact Mercury at (866) 627-6951 or
Mercury Systems – Innovation That Matters^™
Mercury Systems (Nasdaq:MRCY) is a best-of-breed provider of commercially
developed, open sensor and Big Data processing systems, software and services
for critical commercial, defense and intelligence applications. We deliver
innovative solutions, rapid time-to-value and world-class service and support
to our prime contractor customers. Mercury Systems has worked on over 300
programs, including Aegis, Patriot, SEWIP, Gorgon Stare and Predator/Reaper.
We are based in Chelmsford, Massachusetts. 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," 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 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 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, 2012. 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
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.
CONTACT: Robert McGrail, Director of Corporate Communications
+1 978-967-1366 / email@example.com
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