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SYS News SYS Technologies Selected by Navy SPAWAR for Five-Year, $11 Million Contract

SAN DIEGO--(BUSINESS WIRE)--SYS Technologies (AMEX:SYS), a leading provider of information connectivity solutions that enable real-time, complex decision-making, announced today that its Defense Solutions Group has been awarded an $11 million, five-year task order to support the Navy’s Space and Naval Warfare System Command (SPAWAR).

SYS is the prime contractor on this contract and will provide systems engineering support, architecture reviews and assessments, requirements analysis, and system/capability-based assessment support. The assessments are expected to evaluate the Department of the Navy’s war fighting capabilities and vulnerabilities and to develop analyses that will ensure the Navy has an impartial assessment to ensure its role is executed as defined by the National Military Strategy.

Dave White, Sr. Vice President of SYS’ Defense Solutions Group, said, “This is a significant follow-on award to a FY 2005 research and development task order awarded to SYS for FORCEnet and Space and Electronic Warfare advanced modeling, simulation and analysis. This contract confirms SPAWAR’s confidence in our C4ISR capabilities and our ability to provide leadership for our entire team on these critical assessments.”

SYS team members include American Systems Corporation; Booz, Allen, Hamilton; G2 Software Services; L-3 Communications; Lockheed Martin; Northrop Grumman; Ocean Systems Engineering Corporation; SAIC; Systems Technology Forum and X-Feds.

About SYS Technologies

SYS Technologies (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 large industrial companies. Using interoperable communications software, sensors, digital video broadcast and surveillance technologies, wireless networks, 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 Technologies is headquartered in San Diego and has principal offices in California, Virginia and Maryland. For additional information, visit www.systechnologies.com.

Notice Regarding Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release regarding the Company’s strategies, plans, objectives, expectations, and future operating results are forward-looking statements. Although SYS believes that the expectations reflected in such forward-looking statements are reasonable at this time, it can give no assurance that such expectations will prove to have been correct. Actual results could differ materially based upon a number of factors including, but not limited to, the state of economy, competition, unanticipated business opportunities, availability of financing, market acceptance, government regulation, dependence on key personnel, limited public markets and liquidity, shares eligible for future sale, continuation and renewal of contracts and other risks that may apply to the Company, including risks that are disclosed in the Company’s Securities and Exchange Commission filings.