Attached files
| file | filename |
|---|---|
| 8-K - KEYW HOLDING CORP | v204341_8k.htm |
| EX-99.1 - KEYW HOLDING CORP | v204341_ex99-1.htm |
| EX-2.1 - KEYW HOLDING CORP | v204341_ex2-1.htm |
| EX-23.1 - KEYW HOLDING CORP | v204341_ex23-1.htm |
| EX-99.2 - KEYW HOLDING CORP | v204341_ex99-2.htm |
| EX-99.4 - KEYW HOLDING CORP | v204341_ex99-4.htm |
| EX-99.3 - KEYW HOLDING CORP | v204341_ex99-3.htm |
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FOR
IMMEDIATE RELEASE
|
Contact:
|
Ed
Jaehne
|
|
Chief Strategy Officer
|
||
|
443-270-5300
|
KEYW
Completes Sycamore US Acquisition
Hanover,
MD, November 30, 2010 (GlobeNewswire) – KEYW Corporation
(NASDAQ: KEYW) is pleased to announce completion of the acquisition
of Sycamore US (www.sycamore.us) that
was announced on November 2, 2010. As previously disclosed,
Sycamore brings added depth of capabilities and experience with our largest
Intelligence Community (IC) customer, as well as expanded breadth of contracts
and experience with other members of the IC.
KEYW has
now completed 8 acquisitions since the founding of the Company in August
2008. Sycamore joins KEYW’s strategic platform for agile cyber
superiority solutions. With the addition of the Sycamore team, KEYW
now has over 600 employees with over 500 holding the highest clearance level,
TS/SCI.
Under the
previously disclosed terms of the agreement, KEYW has purchased all of the
outstanding capital stock of Sycamore for $27 million in cash and 87,500 shares
of KEYW Common Stock (exclusive of accounting and attorney fees and customary
closing costs and adjustments). These shares are subject to a 180 day
lock-up, from November 30, 2010, as well as registration rights, in the event
that KEYW files any additional stock registrations within the subsequent 6
months from closing. KEYW expects that the acquisition will be accretive,
subject to a final purchase price accounting analysis.
About KEYW: KEYW provides
agile cyber superiority and cybersecurity solutions, primarily for U.S.
Government intelligence and defense customers. We create our
solutions by combining our services and expertise with hardware, software, and
proprietary technology to meet our customers’ requirements. For more
information contact KEYW Corporation, 1334 Ashton Road, Hanover, Maryland 21076;
Phone 443-270-5300; Fax 443-270-5301; E-mail investor@keywcorp.com, or on the
Web at www.keywcorp.com.
Forward-Looking
Statements: Statements made in this press release that are not historical facts
constitute forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Such statements
include but are not limited to statements about our future expectations, plans
and prospects, and other statements containing the words “estimates,”
“believes,” “anticipates,” “plans,” “expects,” “will,” “potential,” and similar
expressions. Our actual results, performance or achievements or
industry results may differ materially from those expressed or implied in these
forward-looking statements. These statements involve numerous risks
and uncertainties, including but not limited to those risk factors set forth in
our prospectus, dated September 30, 2010 and filed with the Securities and
Exchange Commission (SEC) on October 1, 2010 pursuant to Rule 424(b)(4) under
the Securities Act of 1933, and other filings that we make with the SEC from
time to time. Due to such uncertainties and risks, readers are
cautioned not to place undue reliance on such forward-looking
statements. KEYW is under no obligation to (and expressly disclaims
any such obligation to) update or alter its forward-looking statements whether
as a result of new information, future events or otherwise.
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