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Sypris Announces Its Most Advanced Cyber Range at GovWare

SYPR | October 7, 2015

Recently Deployed for the Ministry of Home Affairs

Sypris Electronics, LLC, a subsidiary of Sypris Solutions, Inc. (Nasdaq/NM: SYPR), announced today that it will demonstrate the latest release of its Cyber Range at the International GovWare Cyber Security Symposium in Singapore from October 6 – 8. The Ministry of Home Affairs for Singapore recently commissioned this latest version of the Cyber Range for its use in assessing and improving its Cyber readiness.

Commenting on the announcement, Brian Maguire, Vice President of Cyber Operations and Analytics, said, “Organizations and agencies are increasingly recognizing that Cyber Security is a Board-level problem that can severely impair financial performance, asset value and organizational security. Customers are turning to Sypris for the assessment, audit and use of proven techniques to train their organizations to identify Cyber threats and mobilize to address any breaches before they become a Cyber headline. The Sypris Cyber Range meets that need.”

Maguire continued, “We are building important momentum throughout the Southeast Pacific region with customers in Japan and with prospective customers in Indonesia, Vietnam and other countries. The Cyber Range provides a powerful, integrated solution, greatly reducing the cost, complexity and time required to develop and maintain a Cyber-ready organization.”

The Sypris Cyber Range is a turnkey, integrated software and content platform that delivers a unique training, modeling and network simulation capability for the user. The configurable, open architecture delivery system, Cyber-physical interface, and constellation of leading-edge software partners support a flexible, best-of-breed capability. The complete solution accelerates enterprise-level improvement, cost-effectively delivers sustainable results, adapts to address the latest threats, and scales to support any level of mobilization.

Standard solutions provided by the traditional Cyber security supply base emphasize IT focused training and tools that lack impact at the enterprise-level. Sypris’ Cyber Range solution overcomes this limitation by providing a holistic, end-to-end path and unifying platform to close gaps against an enterprise-wide risk management framework. By identifying and engaging the right mix of people, process and technology, the enterprise mobilizes for and rapidly improves outcomes that contribute toward achieving Cyber resilience.

Sypris is a global, integrated security solutions provider serving the Government and Commercial sectors. Sypris is well known for leadership in cryptography, key management, identity authentication and access management, Cyber security operations, and associated professional services. Sypris promotes an agile, innovative culture and state-of-the-art solution sets by strategically partnering with leading-edge technology companies, agencies and universities. With 50 years of experience, Sypris is proud to develop, manufacture and integrate leading technologies that secure our global partners’ interests. For more information, please visit www.sypriselectronics.com.

GovWare is an annual event sponsored by the Cyber Security Agency of Singapore, in partnership with the Ministry of Home Affairs and the Infocomm Development Authority of Singapore, bringing together high ranking decision makers from the military, government, critical infrastructure and industry to discuss unique Cyber defense strategies, and understand the latest Cyber security technologies and innovations available from industry for building a Secure Smart Nation.

This press release contains “forward-looking” statements within the meaning of federal securities laws. Actual results could differ materially from those projected in such forward-looking statements as a result of certain risk factors, including but not limited to those risk factors set forth in the Annual Report on Form 10-K, dated and filed March 31, 2015 with the Securities and Exchange Commission (SEC) by our parent company, Sypris Solutions, Inc. and other filings that Sypris makes with the SEC from time to time.