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U.S. Defense and Intelligence Agencies Expand Their Reliance on NeuralStar Situational Awareness and Cyber Security Product From Kratos With $1.1 Million in New SalesSAN DIEGO, Oct 3, 2011 (GlobeNewswire via COMTEX) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, today announced sales valued at a total of $1.1 million by four major U.S. Government agencies for NeuralStar(R), its flagship network management and situational awareness software product. The names of the agencies, all of which are aligned with critical defense and intelligence operations, were not disclosed due to customer-related and other sensitivities. NeuralStar monitors, aggregates and integrates mission-critical network availability, cyber security and compliance management data from heterogeneous technologies to create flexible, dynamic dashboards for enhanced management and complete situational awareness. This allows NeuralStar to provide a Common Operational Picture (COP) for all levels of command across large distributed network and field operations, especially those that rely upon a variety of communications, information and security technologies. For example, two of the agencies purchasing NeuralStar rely heavily upon analog-based satellite communications. NeuralStar uniquely allows them to easily integrate management of these systems into their overall communications command and control picture for a unified 360 degree view. "All of these agencies function on the frontiers of communications and cyber security operations," said Phil Carrai, President of Kratos Technologies and Training Solutions. "They include some of the world's largest global networks as well as smaller, highly specialized and in-the-field operations. It is gratifying to see this endorsement of the NeuralStar platform as the standard for highly-secure network management and situational awareness." For more information about NeuralStar visit http://www.KratosNetworks.com. About Kratos Defense & Security Solutions Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a specialized National Security technology business providing mission critical products, services and solutions for United States National Security priorities. Kratos' core capabilities are sophisticated engineering, manufacturing and system integration offerings for National Security platforms and programs. Kratos' areas of expertise include Command, Control, Communications, Computing, Combat Systems, Intelligence, Surveillance and Reconnaissance (C5ISR), satellite communication systems, unmanned systems, cyber warfare, cyber security, information assurance, critical infrastructure security and weapons systems sustainment. Kratos has primarily an engineering and technical oriented work force of approximately 3,900, many of which hold an active National Security clearance, including Secret, Top Secret and higher. The vast majority of Kratos' work is performed on a military base, in a secure facility or at a critical infrastructure location. Kratos' primary end customers are United States Federal Government agencies, including the Department of Defense, classified agencies, intelligence agencies and Homeland Security related agencies. News and information are available at www.KratosDefense.com. The Kratos Defense & Security Solutions, Inc. logo is available at //www.globenewswire.com/newsroom/prs/?pkgid=3519 Notice Regarding Forward-Looking Statements Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty, including risks related to general economic conditions and system performance. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended December 26, 2010, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos. This news release was distributed by GlobeNewswire, www.globenewswire.com SOURCE: Kratos Defense & Security Solutions, Inc. CONTACT: Press Contact: Yolanda White 858-812-7302 Direct Investor Information: 877-934-4687 [email protected] |