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.
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