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Aerojet Leads Investment in Unified Nexsys

Aerojet Leads Investment in Unified Nexsys

SACRAMENTO, Calif., March 18, 2013 (GLOBE NEWSWIRE) -- Aerojet, a GenCorp
(NYSE: GY) company, announced today that its investment in Carlsbad-based
company Unified Nexsys, Inc. closes the Series A funding round for the
software startup.

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Unified Nexsys, Inc. logo

Unified Nexsys manufactures software and hardware technologies that discover,
configure and connect devices securely to Wide Area Network clients over any
Internet Protocol-based networks. The streamlined configuration solutions
enable real-time situational awareness, access and control across different
user platforms and devices.

The strategic partnership will help drive Unified Nexsys' solutions into
commercial markets as part of a defense commercialization project while
Aerojet will continue to develop applications for the military and homeland
security markets.

Established in June 2012, Unified Nexsys delivers unique software applications
to the education, public safety and healthcare markets. Leveraging a
relationship with the Veterans Affairs Hospital in Palo Alto, Calif., the
company has developed groundbreaking software for operating room procedures
including data capture software to record and store procedure video; Virtual
Microscopy to review specific pathologies, and a tool to stream and remotely
share digital imagery.

"Having a strategic partner such as Aerojet is unusual for a company of our
size, but it is a testament to the quality and depth of the software that we
have developed in the past," said Unified Nexsys Chief Executive Officer, Tom
Baird. "We expect significant growth in commercial markets and we will
leverage Aerojet's world-class reputation in the defense and homeland security
space to gain additional share that will support and grow their core
businesses."

Aerojet, building from Unified Nexsys' efficient software applications, will
offer system-level solutions to the Department of Defense for everything from
health monitoring of missile systems and plug and play satellites to smart
electric meters and digitized factory operations.

"We saw great opportunity to join with Unified Nexsys and our investment
secures us as their partner of choice for defense applications," said Aerojet
President Warren M. Boley, Jr. "The synergies between our organizations are
ideal for elevating this technology to best serve the strategic needs of the
defense industry."

About Aerojet

Aerojet is a world-recognized aerospace and defense leader providing
propulsion and energetics to the space, missile defense, strategic, tactical
missile and armaments areas in support of domestic and international markets.
GenCorp is a leading technology-based manufacturer of aerospace and defense
products and systems with a real estate segment that includes activities
related to the entitlement, sale, and leasing of the company's excess real
estate assets. Additional information about Aerojet and GenCorp can be
obtained by visiting the companies' websites at http://www.Aerojet.com and
http://www.GenCorp.com.

The Aerojet logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=12048

About Unified Nexsys

Established in 2012, Unified Nexsys provides custom software applications in
the education, healthcare and military markets. Leveraging a sophisticated
unified communications platform, Unified Nexsys integrates communications
within workflow and process applications to deliver complex solutions
efficiently. Unified Nexsys is headquartered in Carlsbad, California. For more
information, please visit: http://www.unifiednexsys.com.

The Unified Nexsys logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=17639

CONTACT: Glenn Mahone, Aerojet, 202.302.9941
         Glenn.Mahone@Aerojet.com
         Tom Baird, Unified Nexsys, 760.402.9366
         Tom@unifiednexsys.com

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