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 Community."
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 firstname.lastname@example.org. 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 made.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts