ANDOVER, Mass., Nov. 13, 2018 (GLOBE NEWSWIRE) — Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com) announced today that six of its products were recognized by the judges of the annual Military & Aerospace Electronics Innovators Awards program. The judging panel consisted of a panel of senior third-party expert professionals.
The winning products, award levels and categories were:
Trusted Computing
Platinum: TRRUST-Stor® VPX Radiation-Tolerant Solid-State Drive
Gold: EnsembleSeries™ LDS3517 3U AI OpenVPX blade with BuiltSECURE™ technology
Silver: BuiltSECURE System-in-Package Secure Processor
Software
Gold: BuiltSAFE™ GS Software Multi-core Graphics Renderer
C4ISR
Silver: EnterpriseSeries™ RESmini XR6 Rugged Enterprise-class Server
Silver: Mercury Systems Themis HDversa Computing Platform
“We are deeply honored to receive these prominent awards recognizing six key innovations from Mercury’s broad portfolio of secure sensor and safety-critical processing solutions,” said Didier Thibaud, Mercury’s Executive Vice President and Chief Operating Officer. “These awards underscore the power of Mercury’s next-generation business model to embed innovation deeply into our product development and commercialization processes. Our customers can trust Mercury to continue delivering innovative products spanning the land, sea, air and space domains.”
Alan Bergstein, publisher of Military & Aerospace Electronics (www.militaryaerospace.com), said “This prestigious program allows Military & Aerospace Electronics to celebrate and recognize the most innovative products and services in the military electronics industry. Our 2018 Honorees are an outstanding example of companies who are making an impact.”
The Innovators Awards are judged based on the following criteria:
- Innovation
- Value to the User
- Sustainability
- Meeting a Defined Need
- Collaboration
- Impact
The 2018 Military & Aerospace Electronics Innovators Awards Honorees are featured in the November Issue of Military & Aerospace Electronics magazine as well as on www.militaryaerospace.com.
About Military & Aerospace Electronics
Published since 1990, Military & Aerospace Electronics delivers time-sensitive news, in-depth analyses, case studies, and real-world applications of new products, industry opinion, and the latest trends in the use of mil-spec, rugged and commercial of-the-shelf components. The Military & Aerospace Electronics brand includes the magazine, website (www.militaryaerospace.com), email newsletters and webcasts.
About The Military & Aerospace Electronics 2018 Innovators Awards program
The Military & Aerospace Electronics Innovation Awards celebrates the most innovative applications of aerospace and defense electronics technology products and systems. Awards are presented to organizations that demonstrate excellence in the use of a product or system. Submissions are accepted from designers and integrators, and users of military and aerospace electronics systems.
About Mercury Systems – Innovation That Matters™
Mercury Systems (NASDAQ:MRCY) is a leading commercial provider of secure sensor and safety-critical processing subsystems. Optimized for customer and mission success, Mercury’s solutions power a wide variety of critical defense and intelligence programs. Headquartered in Andover, Mass., Mercury is pioneering a next-generation defense electronics business model specifically designed to meet the industry’s current and emerging technology needs. 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 fiscal 2019 business performance and beyond and the Company’s plans for growth and improvement in profitability and cash flow. 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 any U.S. Federal government shutdown or extended continuing resolution, 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 or unanticipated expenses due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions and restructurings, or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, increases in interest rates, changes to cyber-security regulations and requirements, changes in tax rates or tax regulations, 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, 2018. 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.
Contact:
Robert McGrail, Director of Corporate Communications
Mercury Systems, Inc.
+1 978-967-1366 / [email protected]
Mercury Systems and Innovation That Matters are trademarks and ASURRE-Stor is a registered trademark of Mercury Systems, Inc. Other product and company names mentioned may be trademarks and/or registered trademarks of their respective holders.
