Mercury Computer Systems Signs Exclusive Licensing Agreement with Honeywell for Mercury’s VistaNav 3D Synthetic Vision Product Line

April 24th, 2008 by admin

CHELMSFORD, Mass., April 22 /PRNewswire-FirstCall/ — Mercury Computer Systems, Inc. a leading provider of high-performance computing solutions for HPC and embedded computing markets, announced it has licensed exclusively to the Aerospace division of Honeywell International, Inc. its VistaNav(R) Synthetic Vision IP (intellectual property) developed by its Avionics & Unmanned Systems Group (AUSG).Mercury has exclusively licensed and will transition the VistaNav product line to Honeywell, a worldwide technology and manufacturing leader of aerospace products and services and control technologies. Honeywell will assume sales and support of the VistaNav CIS (Cockpit Information System) situational awareness products.”Over the past three years, the AUSG team has developed a series of innovative products based on the award-winning VistaNav 3D Synthetic Vision system. While this exciting technology has garnered significant attention in the general aviation space, it is critical that we narrow our overall market focus and vigorously prioritize our R&D efforts, to improve the Company’s performance and returns for our shareholders,” said Mark Aslett, President and Chief Executive Officer of Mercury Computer Systems, Inc. “We’re pleased to transition the VistaNav product line to Honeywell, which can provide a favorable environment to foster future growth.”"Our agreement with Honeywell enables Mercury to capture value for this IP, which was developed by the very talented and dedicated AUSG employees,” Mr. Aslett added. “I want to express my gratitude to them for their contributions and support.” Product sales and sales support transition will be completed by April 30. Mercury Computer Systems, Inc. — Where Challenges Drive InnovationMercury Computer Systems () provides specialized, high-performance computing systems and software designed for complex HPC and embedded applications in a range of industries that include aerospace and defense, telecommunications, medical imaging, semiconductor, EDA, and more.Our products blend unmatched expertise in algorithm optimization and silicon design with software application knowledge and industry-standard technologies. Mercury’s comprehensive, purpose-built solutions capture, process, and present data for the world’s largest medical imaging companies, 8 of the 10 top defense prime contractors, and other leading Fortune 500 and mid-market companies in semiconductor, energy, telecommunications, and other industries. 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. We are listed on the Nasdaq Global Select Market .Forward-Looking Safe Harbor StatementThis 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 definitive license agreement with Honeywell for the VistaNav 3D Synthetic Vision IP. 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, 2007. 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.VistaNav is a registered trademark of Mercury Computer Systems, Inc. Product and company names mentioned may be trademarks and/or registered trademarks of their respective holders. Contact: Robert Hult, Executive Vice President and CFO Mercury Computer Systems, Inc. 978-967-1990 / Mercury Computer Systems, Inc.

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KVH Receives $6 Million Fiber Optic Gyro Order from Kongsberg Defence & Aerospace

April 21st, 2008 by admin

MIDDLETOWN, R.I., April 21 /PRNewswire-FirstCall/ — KVH Industries, Inc., today announced that it has received a $6 million order for its precision DSP-3100 fiber optic gyros (FOGs) from Kongsberg Defence & Aerospace for use in the Protector family of remote weapon stations. The contract is subject to the successful completion of DSP-3100 testing and qualification. This order represents an initial procurement of DSP-3100 FOGs with shipments scheduled to begin during the third quarter of 2008.”This clearly establishes KVH’s fiber optic gyros as a premier source for stabilization and pointing sensors to support these mission-critical applications,” remarked Martin Kits van Heyningen, KVH’s chief executive officer. “Our FOGs have proven themselves over the course of the last two years by playing an integral role on similar stabilized weapon systems already fielded in Iraq and elsewhere. We look forward to building upon our relationship with Kongsberg as worldwide demand for this critical military equipment expands.”The Protector family of remote weapon stations substantially improves crew safety and weapon accuracy by allowing gunners to operate, aim, and fire the weapon from inside the safety of their vehicles, taking the gunners out of turret positions where they are exposed to hostile fire. Kongsberg’s Protector will rely on three of KVH’s new DSP-3100 FOGs to provide precise stabilization and weapon recoil control while ensuring that the weapon stays on target whether the vehicle is stationary or on the move.With its all-fiber design and patented Digital Signal Processing (DSP) technology, KVH’s DSP-3100 FOG offers high reliability, superior accuracy and performance, and exceptional vibration, shock, and acceleration survivability at an affordable cost. KVH’s fiber optic guidance and sensor systems are used in an array of commercial and defense-related stabilization, navigation, autonomous vehicle, and precision guidance applications.KVH’s fiber optic gyro resource page — — offers additional details regarding KVH’s fiber optic gyro solutions.Visit for additional information about Kongsberg and its Protector family of remote weapon stations.Note to Editors: High-resolution photos of the DSP-3100 fiber optic gyro are available at for download and editorial use.About KVH Industries, Inc.KVH Industries, Inc., is a premier manufacturer of systems to provide access to live mobile media ranging from satellite TV to telephone and high-speed Internet for vehicles and vessels as well as a leading source of navigation, pointing, and guidance solutions for maritime, defense, and commercial applications. The company’s products are based on its proprietary mobile satellite antenna and fiber optic technologies. An ISO 9001-certified company, KVH is based in Middletown, Rhode Island.This release may contain certain forward-looking statements that involve risks and uncertainties. Forward-looking statements include, for example, the functionality, characteristics, quality and performance of KVH’s products and technology; and customer preferences, requirements and expectations. The actual results could differ materially. Factors that may cause such differences include, among others, uneven military sales cycles, changes in military fielding and equipment requirements, and changes in international situations, as well as those discussed in KVH’s most recent Form 10-K filed with the SEC. KVH does not assume any obligation to update its forward-looking statements to reflect new information or developments.KVH is a registered trademark of KVH Industries, Inc. All other trademarks are the property of their respective companies. KVH Industries, Inc.

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