SAN DIEGO, May 18, 2011 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that its wholly owned subsidiary, Henry Bros. Electronics (HBE), has expanded its business relationship with Lenel Systems International. HBE is now a Lenel national business partner providing best-in-breed security solutions and support to customers through a nation-wide network of U.S. security professionals. Lenel is a business of UTC Fire & Security, a unit of United Technologies Corp (NYSE:UTX).
"Lenel has shared solid partnerships with both Henry Bros. Electronics and Kratos for over a decade. Now that HBE is part of Kratos, their new relationship expands their presence and footprint with our business across the country, helping us serve new customers, particularly in the federal government, transportation sector and the chemical industry," said Paul DiPeso, Vice President of Sales for U.S. and Canada at Lenel.
"I am very pleased to announce the expansion of Lenel's relationship with HBE/Kratos from a multi-regional to a national scope. The action by Lenel recognizes the increased scale and capability of the HBE/Kratos organization, created by the merger of HBE and Kratos in December 2010. We remain committed to delivering the same high quality services our customers expect from us anywhere in the U.S.," stated Jim Henry, Executive Vice President, Henry Bros. Electronics.
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), 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, the majority 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.
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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. 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 the Company 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.
CONTACT: Press Contact: Yolanda White 858-812-7302 Direct Investor Information: 877-934-4687 investor@kratosdefense.com
