SYS Technologies Announces Mailing of Proxy Statement for Shareholder Vote
29 May 2008 - 9:55PM
Business Wire
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.
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