ANDOVER, Mass. – Aug. 7, 2018 – Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com) announced its first annual data at rest (DAR) technology forum for the Commercial Solutions for Classified (CSfC) program with participation from the National Security Agency (NSA). The event, scheduled for October 2, 2018 in Baltimore, Md., assembles the DAR ecosystem of customers, component suppliers and Trusted Integrators to share best practices for cost-effective, rapidly deployed CSfC programs.
Developed by the NSA and the Central Security Service (CSS) as an alternative to costly Type 1 cryptography solutions, the CSfC program protects highly sensitive data by implementing two compliant commercial security components in layers, thus eliminating the likelihood that a vulnerability will be exploited in both simultaneously. Additional details on the CSfC program are available on the NSA website, located at www.nsa.gov/resources/everyone/csfc.
“For the first time in the history of the CSfC program, the entire DAR ecosystem will collaborate in a single forum to address data at rest security challenges faced by our government agencies and our warfighters across the world,” said Iain Mackie, Vice President and General Manager of Mercury’s Microelectronics Secure Solutions group. “Having pioneered the first and only hardware full disk encryption devices for the DAR capability package, Mercury is honored to take a leadership role by facilitating these critical discussions.”
Greg Scasny, Chief Technology Officer of Cigent Technology, will deliver the keynote address on the topic of emerging cyber threats and mitigation techniques. The event includes other speakers from the NSA, TribalCo, KeyPair Consulting, and Mercury Systems on the following topics:
• Introduction to the CSfC program
• Case studies on the two-layer solution process for data at rest
• Data at rest capability package updates
• Mitigations and deployments in the quantum era
Mercury Systems – Innovation That Matters™
Mercury Systems 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 2018 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 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, 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, 2017. 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.
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Robert McGrail, Director of Corporate Communications
Mercury Systems, Inc.
+1 978-967-1366 / [email protected]
Mercury Systems, Innovation That Matters and ASURRE-Sto are trademarks of Mercury Systems, Inc. Other product and company names mentioned may be trademarks and/or registered trademarks of their respective holders.