Sys (AMEX:SYS)
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SYS Technologies (SYS), (AMEX: SYS),
a leading provider of information connectivity solutions that enable
real-time, complex decision-making, today announced that the Proxy
Statements have been mailed for the shareholder vote on the proposed
merger with Kratos Defense & Security Solutions (“Kratos”)
(Nasdaq: KTOS).
The Form S-4 Registration Statement under the Securities Act of 1933 was
declared effective by the Securities and Exchange Commission on May 22,
2008. A special meeting of shareholders based on a record date of May
15, 2008 will be held on Tuesday, June 24, 2008 at 5050 Murphy Canyon
Road, Suite 200, San Diego, CA 92123, at 11:00am local time to adopt and
approve the Agreement and Plan of Merger and Reorganization.
A copy of the Proxy Statement is available on our website at www.systechnologies.com.
Further information regarding the merger or the shareholder meeting may
be added to the website as it becomes available.
About SYS Technologies
SYS (AMEX: SYS), is a leading provider of information connectivity
solutions that capture, analyze and present real-time information to our
customers in the Department of Defense, Department of Homeland Security,
other government agencies and to commercial companies. Using
interoperable communications software, sensors, digital video broadcast
and surveillance technologies, wireless networks, network management,
decision-support tools and Net-centric technologies, our technical
experts enhance complex decision-making. We also provide solution
lifecycle support with program, financial, test and logistical services
and training. Founded in 1966, SYS is headquartered in San Diego and has
principal offices in California and Virginia. For additional
information, visit www.systechnologies.com.
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS) provides
mission critical engineering, IT services and war fighter solutions for
the U.S. federal government and for state and local agencies. Principle
services include C5ISR, weapon systems lifecycle support, military
weapon range and technical services, network engineering services,
advanced IT services, security and surveillance systems, and critical
infrastructure design and integration. The Company is headquartered in
San Diego, California, with resources throughout the U.S. and in key
strategic military locations. News and information regarding Kratos are
available at www.kratosdefense.com.
Additional Information
In connection with the proposed acquisition of SYS by Kratos Defense &
Security Solutions, Inc. (“Kratos”),
Kratos has filed with the U.S. Securities and Exchange Commission (the “SEC”)
a registration statement on Form S-4, containing a joint proxy
statement/prospectus and other relevant materials. INVESTORS AND
SECURITY HOLDERS OF KRATOS AND SYS ARE URGED TO READ THE DEFINITIVE
JOINT PROXY STATEMENT/PROSPECTUS BECAUSE IT CONTAINS IMPORTANT
INFORMATION ABOUT KRATOS, SYS AND THE ACQUISITION. The definitive joint
proxy statement/prospectus and other relevant materials, and any other
documents filed by Kratos or SYS with the SEC, may be obtained free of
charge at the SEC’s web site at www.sec.gov.
In addition, investors and security holders may obtain free copies of
the documents filed with the SEC by Kratos by directing a request to:
Kratos Defense & Security Solutions, Inc., 4810 Eastgate Mall, San
Diego, CA 92121, Attn: Investor Relations, or by going to Kratos’
corporate website at www.kratosdefense.com.
Investors and security holders may obtain free copies of the documents
filed with the SEC by SYS by contacting SYS Technologies, Inc., 5050
Murphy Canyon Road, Suite 200, San Diego, CA 92123, Attn: Investor
Relations, or by going to SYS’ corporate
website at www.systechnologies.com.
Kratos, SYS and their respective executive officers and directors may be
deemed to be participants in the solicitation of proxies from the
stockholders of Kratos and SYS in favor of the acquisition. Information
about the executive officers and directors of Kratos is set forth in the
proxy statement for Kratos’ 2007 Annual
Meeting of Stockholders, which was filed with the SEC on October 10,
2007. Information about the executive officers and directors of SYS and
their ownership of SYS common stock is set forth in the proxy statement
for SYS’ 2007 Annual Meeting of Stockholders,
which was filed with the SEC on October 29, 2007. Investors and security
holders may obtain more detailed information regarding the direct and
indirect interests of Kratos, SYS and their respective executive
officers and directors in the acquisition by reading the joint proxy
statement/prospectus regarding the acquisition when it becomes available.