CHELMSFORD, Mass., May 25, 2016 (GLOBE NEWSWIRE) -- Mercury Systems, Inc. (NASDAQ:MRCY) (www.mrcy.com), announced it received a $4.7 million
contract from a U.S. government facility for advanced digital transceivers for an electronic warfare (EW) application. The order
was booked in the Company’s fiscal 2016 fourth quarter and is expected to be shipped over the next several quarters.
“Our customer selected Mercury for our ability to rapidly deliver affordable, high-performance transceivers in
support of their critical EW defense program,” said Charlie Hudnall, Vice President and General Manager of Mercury’s Embedded
Sensor Products group. “We're proud to deliver advanced digital offerings that enhance the capabilities of our customers’ systems
and our military’s ability to maintain dominance in the electromagnetic spectrum.”
For more information on Mercury Systems, visit www.mrcy.com or contact Mercury at (866) 627-6951 or
info@mrcy.com.
Mercury Systems – Innovation That Matters™
Mercury Systems (NASDAQ:MRCY) is a leading commercial provider of secure processing subsystems designed and made in
the USA. Optimized for customer and mission success, Mercury’s solutions power a wide variety of critical defense and intelligence
programs. Headquartered in Chelmsford, Mass., Mercury is pioneering a next-generation defense electronics business model
specifically designed to meet the industry’s current and emerging technology needs. To learn more, visit www.mrcy.com.
Forward-Looking Safe Harbor Statement
This press release contains certain forward-looking statements, as that term is defined in the Private Securities
Litigation Reform Act of 1995, including those relating to the products and services described herein. You can identify these
statements by the use of the words “may,” “will,” “could,” “should,” “would,” “plans,” “expects,” “anticipates,” “continue,”
“estimate,” “project,” “intend,” “likely,” “forecast,” “probable,” “potential,” and similar expressions. These forward-looking
statements involve risks and uncertainties that could cause actual results to differ materially from those projected or
anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs, the timing and
amounts of such funding, general economic and business conditions, including unforeseen weakness in the Company’s markets, effects
of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in
completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in
technological advances and delivering technological innovations, changes in, or in the U.S. Government’s interpretation of, federal
export control or procurement rules and regulations, market acceptance of the Company's products, shortages in components,
production delays or unanticipated expenses due to performance quality issues with outsourced components, inability to fully
realize the expected benefits from acquisitions and restructurings, or delays in realizing such benefits, challenges in integrating
acquired businesses and achieving anticipated synergies, changes to export regulations, increases in tax rates, changes to
generally accepted accounting principles, difficulties in retaining key employees and customers, unanticipated costs under
fixed-price service and system integration engagements, and various other factors beyond our control. These risks and uncertainties
also include such additional risk factors as are discussed in the Company's filings with the U.S. Securities and Exchange
Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2015. The Company cautions readers not to
place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no
obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is
made.
Mercury Systems and Innovation That Matters are trademarks of Mercury Systems, Inc. Other product and company names
mentioned may be trademarks and/or registered trademarks of their respective holders.
Contact: Robert McGrail, Director of Corporate and Investor Communications Mercury Systems, Inc. +1 978-967-1366 / rmcgrail@mrcy.com
