KippsDeSanto & Co. Advises Federal Concepts, LLC on its Sale to Jorge Scientific Corporation

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KippsDeSanto & Co. is pleased to send you the attached press release announcing the acquisition of our client, Federal Concepts, LLC (“FedConcepts”), by Jorge Scientific Corporation (“Jorge”), a portfolio company of J.H. Whitney & Co., LLC. Jorge acquired FedConcepts to deepen its cyber-security and network infrastructure architecture, design, and engineering capabilities. The transaction closed on February 1, 2011.

Headquartered in Stevensville, Maryland, with significant operations in Quantico, Virginia, FedConcepts’ cyber-security solutions significantly fortify and enable secure operations of high-target networks and IT environments, including Secret Internet Protocol Router Network (“SIPRNet”) and Non-Classified Internet Protocol Router Network (“NIPRNet”) nodes, amongst others. Key customers include the Marine Corps Network Operations & Security Center and the Treasury Office of the Comptroller of the Currency. FedConcepts employs a team of cleared, highly certified professionals possessing technical expertise that are both current customer specific, and also highly applicable to a diverse population of potential clients with similar security needs. We believe this transaction represents a number of key trends in government and defense technology M&A:

  • Companies with leading cyber-security capabilities remain at the forefront of industry acquisition criteria;
  • Technical and customer focus and depth that is easily integrated to meet clear strategic need(s) increasingly drives strategic interest;
  • Thoughtful explanation and strategic positioning of rapid growth, and sustainability of strong profitability can drive premium transaction results;
  • Years of industry consolidation along with continued strong private equity interest in the sector are increasingly providing a new crop of buyers with strong management horsepower and financial backing.

KippsDeSanto & Co. is an investment bank focused on delivering exceptional M&A and financing transaction results for leading technology and defense companies. For more information on KippsDeSanto & Co., please visit www.kippsdesanto.com.

We welcome the opportunity to discuss how KippsDeSanto & Co. can help you achieve your strategic objectives.

KippsDeSanto & Co., member FINRA/SIPC, is not affiliated with other companies mentioned herein

 

PRESS RELEASE

Jorge Acquisition of FedConcepts Enhances IT & Cyber Security Offerings, Facilitates Growth and Expansion of Markets

ARLINGTON, Va., February 1, 2011 — Jorge Scientific Corporation (Jorge), a leading provider of mission critical services to the Armed Forces and the federal government, has announced that it has acquired FedConcepts — an award-winning IT services and cyber-security provider to the federal government.

”Taking a cue from Jorge’s record-breaking success in 2010, we’re continuing to grow and expand our markets by acquiring one of the industry’s most successful IT services and cyber security firms,” announced Chris Torti, President and CEO of Jorge Scientific Corporation. “Together, our combined strength will fuel the entrepreneurial and innovative spirit of the team and further elevate our effectiveness in supporting our customers’ broad spectrum of mission-critical requirements.”

“This relationship with FedConcepts is a positive step forward for all of our stakeholders,” noted Judith Jorge Hartman, founder of Jorge Scientific Corporation. “It provides outstanding opportunities for our respective employees, increases the array of opportunities for our partners, and ensures that our customers can leverage our growing list of capabilities and markets to meet their emerging needs.”

“Jorge’s culture is a perfect fit for FedConcepts,” added Christian Sullivan, founder of FedConcepts and now Jorge’s Executive Vice President. “We each have reputations for best-in-class program management and functional expertise, we’ve both experienced industry-leading organic growth, we share a strong drive to be a Great Place to Work for our employees, and we’re eager to enhance our delivery of the highest caliber IT architecture, engineering and cyber security support in the market.”

About FedConcepts
FedConcepts provides cyber-security solutions for high-end systems and network engineering professional services to clients within the federal government’s civilian and defense sectors. A Microsoft Gold Partner since its founding, FedConcepts’ success has been recognized with several industry accolades and ranked among the most successful firms in the industry, including the 2010 Maryland Tech Council’s Government Contracting Firm of the Year, the 2009 Maryland Future 50, the 2008 Top 10 in Baltimore, 2007 Top 15 in Baltimore and four consecutive appearances on the annual lists of Inc. 5000 Fastest Growing Private Companies in America. For more information about FedConcepts, visit www.fedconcepts.com.

About Jorge Scientific Corporation
Founded in 1986, Jorge specializes in rapidly deploying solutions in support of a vast array of clients in the federal government, Department of Defense (DoD), U.S. Armed Forces and intelligence community. Jorge consistently delivers mission-critical solutions with agility and the utmost commitment to quality, compliance and integrity. Jorge’s dedication to providing quantifiable results for its customers and drive to be a Great Place to Work for its employees worldwide has made Jorge the industry leader it is today. Headquartered in Arlington, Va., Jorge features offices in Patuxent River, Md., Beltsville, Md., Tampa, Fl., and Warner Robins, Ga. Jorge personnel deliver complete C4ISR solutions including engineering, intelligence surveillance and reconnaissance (ISR), logistics, information technology, program management, financial management, irregular warfare, strategic communications and other services throughout the United States and abroad.

KippsDeSanto & Co. Advises EchoStorm on Its Sale to ITT Corporation

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KippsDeSanto & Co. is pleased to send you the attached press release announcing the acquisition of our client, EchoStorm Worldwide, LLC (“EchoStorm”), by ITT Corporation (“ITT”). ITT acquired EchoStorm to expand its Intelligence, Surveillance, and Reconnaissance (“ISR”) capabilities with a leading product suite of Full Motion Video (“FMV”) technologies in support of Unmanned Aerial Vehicle (“UAV”) initiatives. The transaction closed on December 17, 2010.

Headquartered in Suffolk, Virginia, EchoStorm is a leading ISR solution provider of net-centric, FMV management products that complement many key UAV platforms. The Company’s software technologies, including the flagship adLib product, provide web-based, standards-compliant solutions for capturing, processing, storing, and disseminating FMV from manned and unmanned vehicles and ground-based sensors. Moreover, EchoStorm products deliver multifaceted ISR functions to enable analysts to seamlessly search for, organize, annotate, and exploit an array of different sensor video data through a format-agnostic, fully-interoperable medium. EchoStorm’s proprietary product suite supports mission critical analysis functions across a diverse group of end users making sense of data collected from manned and unmanned platforms.

We believe this transaction demonstrates several key trends in the defense M&A environment:

  • Robust growth trends continuing across the global ISR market, with a specific focus on capabilities enhancing the efficacy of UAV assets.
  • Buyers looking to acquire proprietary technology and intellectual property to complement and expand upon existing solutions.
  • Military and intelligence users demanding advanced solutions to manage the rapid ingest of video data, which widely outstrips current processing capabilities.
  • Value of strong relationships with well-funded customers in priority budget areas.

KippsDeSanto & Co. is an investment bank focused on delivering exceptional M&A and financing transaction results for leading technology and defense companies. For more information on KippsDeSanto & Co., please visit www.kippsdesanto.com.

We welcome the opportunity to discuss how KippsDeSanto & Co. can help you achieve your strategic objectives.

KippsDeSanto & Co., member FINRA/SIPC, is not affiliated with other companies mentioned herein

 

PRESS RELEASE

ITT Completes Acquisition of EchoStorm Worldwide’s Business Operations

ROCHESTER, N.Y., December 17, 2010 — ITT Corporation (NYSE: ITT) has completed the previously announced acquisition of the business operations of EchoStorm Worldwide. Terms of the acquisition were not disclosed.

EchoStorm, founded in 2003, provides a suite of secure, net-centric commercial products that enables users to capture, manage, and disseminate full-motion video in near real time as well as address the common issues involved with system interoperability and bandwidth.

“Today’s full motion video users are drowning in data, and need effective software to manage, share and analyze that information,” said Bruce Wald, vice president of ITT’s Night Vision & Imaging business. “EchoStorm’s proven solutions for full-motion video give operators easy, fast and cost-effective access to critical video and data in real-time, thereby reducing lengthy analysis and putting actionable intelligence in the hands of end users more rapidly.”

EchoStorm’s business operations will be integrated into ITT Geospatial Systems’ Night Vision & Imaging business area, where EchoStorm’s operationally proven software technology products including adLIB, Convene, FunnelCloud, and MDAR/RADAR, will become key additions to the Geospatial Information Solutions business.

ITT Geospatial Systems, headquartered in Rochester, N.Y., is a global supplier of innovative night vision, remote sensing and navigation solutions that provide sight and situational awareness at the space, airborne, ground and soldier levels. ITT Geospatial Systems’ solutions range from image and data capture to processing and dissemination. Key applications include image intensification and thermal imaging; advanced power supplies; multi-spectral image systems; weather and climate monitoring; space science; intelligence, surveillance and reconnaissance; GPS-based positioning, navigation and timing systems; and image exploitation software. Using our technologies, customers can move beyond mere image acquisition to image interchange and true knowledge sharing. www.geospatial.itt.com

About ITT Corporation
ITT Corporation is a high-technology engineering and manufacturing company operating on all seven continents in three vital markets: water and fluids management, global defense and security, and motion and flow control. With a heritage of innovation, ITT partners with its customers to deliver extraordinary solutions that create more livable environments, provide protection and safety and connect our world. Headquartered in White Plains, N.Y., the company reported 2009 revenue of $10.9 billion. www.itt.com

Safe Harbor Statement
Certain material presented herein includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements that describe the Company’s business strategy, outlook, objectives, plans, intentions or goals, and any discussion of future operating or financial performance. Whenever used, words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “target” and other terms of similar meaning are intended to identify such forward-looking statements. Forward-looking statements are uncertain and to some extent unpredictable, and involve known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from those expressed or implied in, or reasonably inferred from, such forward-looking statements. Factors that could cause results to differ materially from those anticipated include: Economic, political and social conditions in the countries in which we conduct our businesses; Changes in U.S. or international government defense budgets; Decline in consumer spending; Sales and revenue mix and pricing levels; Availability of adequate labor, commodities, supplies and raw materials; Interest and foreign currency exchange rate fluctuations and changes in local government regulations; Competition, industry capacity and production rates; Ability of third parties, including our commercial partners, counterparties, financial institutions and insurers, to comply with their commitments to us; Our ability to borrow or to refinance our existing indebtedness and availability of liquidity sufficient to meet our needs; Changes in the value of goodwill or intangible assets; Our ability to achieve stated synergies or cost savings from acquisitions or divestitures; The number of personal injury claims filed against the company or the degree of liability; Uncertainties with respect to our estimation of asbestos liability exposures, third party recoveries, and net cash flow; Our ability to effect restructuring and cost reduction programs and realize savings from such actions; Government regulations and compliance therewith, including compliance with and costs associated with new Dodd-Frank legislation; Changes in technology; Intellectual property matters; Governmental investigations; Potential future employee benefit plan contributions and other employment and pension matters; Contingencies related to actual or alleged environmental contamination, claims and concerns; Changes in generally accepted accounting principles; Other factors set forth in our Annual Report on Form 10-K for the fiscal year ended December 31, 2009 and our other filings with the Securities and Exchange Commission.

The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Press Contact:
Steve Brecken
tel +1 540 525 5660
steve.brecken@itt.com

Investor Contact:
Thomas Scalera
tel +1 914 641 2030
thomas.scalera@itt.com

Comframe

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KippsDeSanto & Co. Advises CenTauri Solutions, LLC on Its Sale to Computer Sciences Corporation

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KippsDeSanto & Co. is pleased to send you the attached press release announcing the acquisition of our client, CenTauri Solutions, LLC (“CenTauri”), by Computer Sciences Corporation (“CSC”). CSC acquired CenTauri to deepen its intelligence analysis, information system integration, and command, control, communications, computers, intelligence, surveillance, and reconnaissance (“C4ISR”) platform integration capabilities, and assume a prime position on the $6.6 billion Defense Intelligence Agency’s (“DIA”) Solutions for the Information Technology Enterprise (“SITE”) contract vehicle. The transaction closed on December 17, 2010.

Headquartered in Alexandria, Virginia, with significant operations in Tampa, Florida and Charlottesville, Virginia, CenTauri provides C4ISR solutions to key components of the Intelligence, National Security, and Homeland Security communities primarily in the areas of intelligence analysis, information systems, and technology. In addition, the Company possesses world-class technical design, engineering, and integration of select ISR systems supporting military and paramilitary missions, including a wide range of sensor systems. CenTauri is the developer and systems integrator for emerging unmanned aerial systems (“UAS”) for improvised explosive device (“IED”) detection, force protection, and other ISR missions.

We believe this transaction represents a number of key trends in government and defense technology M&A:

  • Companies poised to capitalize on attractive C4ISR and Intelligence Community market opportunities remain at the forefront of industry acquisition criteria;
  • Buyers and investors are becoming more sophisticated when evaluating Small Business contracts; however, prime positions on large, long-term contract vehicles awarded on a F&O basis (or transitionable) drive value;
  • High-growth potential is a key discriminator for buyers given the current budget environment, and;
  • Next-generation technologies, such as UAS and related ISR platforms, are highly sought after in the context of today’s threat environment and tactical Warfighter needs.

KippsDeSanto & Co. is an investment bank focused on delivering exceptional M&A and financing transaction results for leading technology and defense companies. For more information on KippsDeSanto & Co., please visit www.kippsdesanto.com.

We welcome the opportunity to discuss how KippsDeSanto & Co. can help you achieve your strategic objectives.

KippsDeSanto & Co., member FINRA/SIPC, is not affiliated with other companies mentioned herein

 

PRESS RELEASE

CSC Acquires CenTauri Solutions
Acquisition Strengthens CSC’s Intelligence, Surveillance and Reconnaissance Systems Capabilities and Enhances Opportunities in Intelligence Community IT Services

FALLS CHURCH, Va., Dec. 20 — CSC (NYSE: CSC) today announced that it has acquired CenTauri Solutions, LLC. The company, based in Alexandria, Va., provides information technology (IT) systems and services, systems engineering and intelligence analysis, as well as intelligence, surveillance and reconnaissance (ISR) solutions that serve the national security and intelligence communities. Terms of the acquisition were not disclosed.

The acquisition will enable CSC to deliver IT services and solutions as a prime contractor through the Defense Intelligence Agency’s $6.6 billion Solutions for Information Technology Enterprises indefinite-delivery/indefinite-quantity contract. CenTauri Solutions also strengthens CSC’s systems integration capabilities in sensor integration, intelligence processing and in-theater analysis and exploitation.

“With the addition of CenTauri Solutions, CSC strengthens our capabilities in providing IT services and systems integration solutions that deliver value to the Defense Intelligence Agency and C4ISR customers,” said James W. Sheaffer, president of CSC’s North American Public Sector line of business. “We are excited to help bring to market CenTauri Solution’s innovative products in the areas of ISR, video surveillance and other disciplines.”

CenTauri Solutions’ 84 employees will be a part of CSC’s Intelligence business area, which provides IT services and solutions, systems integration and operations support to the Intelligence Community.

About CSC
CSC is a global leader in providing technology-enabled solutions and services through three primary lines of business. These include Business Solutions and Services, the Managed Services Sector and the North American Public Sector. CSC’s advanced capabilities include system design and integration, information technology and business process outsourcing, applications software development, Web and application hosting, mission support and management consulting. The company has been recognized as a leader in the industry, including being named by FORTUNE Magazine as one of the World’s Most Admired Companies for Information Technology Services (2010). Headquartered in Falls Church, Va., CSC has approximately 94,000 employees and reported revenue of $16.1 billion for the 12 months ended October 1, 2010. For more information, visit the company’s website at www.csc.com.

All statements in this press release and in all future press releases that do not directly and exclusively relate to historical facts constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements represent the company’s intentions, plans, expectations and beliefs, and are subject to risks, uncertainties and other factors, many of which are outside the company’s control. These factors could cause actual results to differ materially from such forward-looking statements. For a written description of these factors, see the section titled “Risk Factors” in CSC’s Form 10-K for the fiscal year ended April 3, 2009 and any updating information in subsequent SEC filings. The company disclaims any intention or obligation to update these forward-looking statements whether as a result of subsequent event or otherwise, except as required by law.

KippsDeSanto & Co. Advises TechniGraphics, Inc. on Its Sale to CACI International Inc.

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KippsDeSanto & Co. is pleased to send you the attached press release announcing the acquisition of our client, TechniGraphics, Inc. (“TechniGraphics”), by CACI International Inc. (“CACI”). CACI acquired TechniGraphics to deepen its geospatial intelligence (“GEOINT”) capabilities and expand its presence within Intelligence Community (“IC”) customers. The transaction closed on November 1st, 2010.

Headquartered in Wooster, Ohio, with significant operations in Fort Collins, Colorado, and Madrid, Spain, TechniGraphics is a leading provider of visual information solutions to the National Geospatial-Intelligence Agency (“NGA”), the Department of Homeland Security (“DHS”), and foreign ministries of defense. The Company is widely acknowledged as a leader in data capture and conversion, verification and validation, and 3-D content and analysis solutions, providing customers with high quality, rectified imagery and mission-critical digital map data. Furthermore, the Company’s holistic service approach, discriminating intellectual property, extensive training program, and deep-rooted customer relationships provide for an ideal GEOINT platform in today’s attractive NGA contracting environment.

We believe this transaction demonstrates several key trends in the government services M&A environment:

  • Large contractors are aggressively looking to penetrate IC mission areas by acquiring in-demand capabilities, entrenched customer relationships, and proprietary know-how.
  • Heightened customer focus on GEOINT solutions and their increasing role in intelligence initiatives – further evidenced by several large NGA contract opportunities, both announced and upcoming, that will be central to imagery, mapping, and analysis efforts.
  • Key positions on long-term, mission-critical IC contract vehicles / programs can be significant for sellers seeking premium valuations and favorable terms.
  • Revenue visibility, robust margins, and solid reputation remain at the forefront of industry acquisition criteria.

KippsDeSanto & Co. is an investment bank focused on delivering exceptional M&A and financing transaction results for leading technology and defense companies. For more information on KippsDeSanto & Co., please visit www.kippsdesanto.com.

We welcome the opportunity to discuss how KippsDeSanto & Co. can help you achieve your strategic objectives. For more information on this particular transaction, please contact one of our senior professionals.

PRESS RELEASE

CACI Announces Intent to Acquire TechniGraphics, Inc.

ARLINGTON, VA, OCTOBER 18, 2010 – CACI International Inc (NYSE:CACI) announced today that it has signed a definitive agreement to acquire TechniGraphics, Inc., a leading provider of imagery and geospatial services, including digital maps, to the U.S. Intelligence Community. TechniGraphics’ products form the basis for intelligence analysis, military operational planning, disaster relief planning, and operations and other mapping requirements. This acquisition solidifies CACI’s competency in the mission-critical intelligence space and sustains a long-term commitment to sophisticated intelligence solutions. Closing is anticipated by November 1, 2010.

Founded in 1982, TechniGraphics is a 450-person company headquartered in Wooster, Ohio, with additional locations in Fort Collins, Colorado and Madrid, Spain. TechniGraphics provides mission-essential geospatial data, services and solutions. They have distinguished themselves on long-term contracts through dynamic management, quality production, and introduction of intellectual property to enhance IT solutions. TechniGraphics has a seasoned management team with refined insights into evolving needs and capabilities within government and industry. Their highly developed recruiting and training model attracts exceptional talent that is then trained at “TechniGraphics University.” Approximately 85 percent of the 426 employees possess security clearances and the company’s principal customers are the U. S. Intelligence Community, Department of Defense, Department of Homeland Security, and allied governments. TechniGraphics’ revenue in calendar year 2010 is expected to be $46 million. The acquisition is expected to be solidly accretive to CACI’s earnings per share during its first 12 months.

Acquisition of TechniGraphics furthers CACI’s strategy to grow and invest in capabilities that serve the intelligence market. Key elements of this strategy are to diversify CACI’s work and offerings within the Intelligence Community, focus on core intelligence mission areas with particular emphasis on those that are enduring, and develop capabilities in market segments adjacent to those where CACI has a presence. TechniGraphics increases CACI’s already strong presence in this arena and adds an essential geospatial element to its core competencies.

CACI President of U.S. Operations Bill Fairl said, “We are pleased to announce our intent to bring TechniGraphics, Inc into CACI. Their strong revenue growth is a clear demonstration of their quality performance, superb leadership and highly professional workforce. The company’s culture and emphasis on their customers’ mission success makes them a perfect fit for CACI.”

Paul Cofoni, CACI President and Chief Executive Officer, stated, “Acquisition of TechniGraphics makes CACI a prominent provider of geospatial data for the Intelligence Community and those it serves. This move into a core intelligence mission area affirms our commitment to providing and building world-class intelligence capabilities and builds on more than a decade of experience providing end-to-end intelligence solutions for our government customer base. We look forward to integrating TechniGraphics into CACI and optimizing growth opportunities in imagery and geospatial products and services for the Intelligence Community and other customer spaces.”

CACI provides professional services and IT solutions needed for defense, intelligence, homeland security, and IT modernization and government transformation. We deliver enterprise IT and network services; data, information, and knowledge management services; business system solutions; logistics and material readiness; C4ISR integration services; cyber solutions; integrated security and intelligence solutions; and program management and SETA support services. CACI services and solutions help our federal clients provide for national security, improve communications and collaboration, secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. CACI is a member of the Fortune 1000 Largest Companies and the Russell 2000 index. CACI provides dynamic careers for approximately 12,900 employees working in over 120 offices in the U.S. and Europe. Visit CACI on the web at www.caci.com and www.asymmetricthreat.net.

KippsDeSanto & Co. Advises Global Protocols on its Sale to Riverbed Technology

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KippsDeSanto & Co. is pleased to send you the attached press release announcing the acquisition of our client, Global Protocols LLC (“Global Protocols”), by Riverbed Technology, Inc. (“Riverbed”). Riverbed acquired Global Protocols to strengthen its Wide Area Network (“WAN”) optimization capabilities and solidify its presence within Federal markets. Global Protocols was a portfolio company of The White Oak Guggenheim Aerospace & Defense Fund. The transaction closed on November 9, 2010.

Headquartered in Greenbelt, Maryland, Global Protocols is a leading provider of Transport Control Protocol (“TCP”) solutions for stressed, tactical communications networks within military satellite communications (“SATCOM”) markets. The Company’s flagship offering, SkipWare, is a software-based protocol acceleration solution that centers around the Space Communications Protocol Standards Transport Protocol (“SCPS-TP”), the Department of Defense’s (“DoD”) most commonly specified requirement for fixed and mobile satellite networking. The SkipWare solution differentiates itself from competing offerings by delivering leading levels of bandwidth optimization, error-tolerance, and interoperability for military SATCOM networks. The acquisition represents a continuation of the two companies’ partnership that began in 2008 with the goal of providing enabling bandwidth optimization solutions for mission-critical network communications initiatives within defense and intelligence agencies.

The White Oak Guggenheim Aerospace & Defense Fund is a committed fund of The White Oak Group, Inc, an Atlanta based investment firm focused on aerospace and defense, healthcare technology, and alternative energy / power solutions.

We believe this transaction demonstrates several key trends in the defense M&A environment:

  • Growing demand from U.S. military agencies for SATCOM and mobile bandwidth solutions, driven by the DoD’s emphasis on network-centric warfare and the surge of bandwidth consumption by U.S. armed forces over the last decade.
  • Considerable funding and attention aimed at defense communications technologies that support high-priority military mission areas.
  • M&A processes driven by buyers looking to leverage sellers’ differentiated technology and intellectual property within core existing product lines.
  • Private sector companies vying to establish strong positions within the Federal arena to take advantage of less volatile markets in light of the recent economic downturn.

KippsDeSanto & Co. is an investment bank focused on delivering exceptional M&A and financing transaction results for leading technology and defense companies. For more information on KippsDeSanto & Co., please visit www.kippsdesanto.com. We welcome the opportunity to discuss how KippsDeSanto & Co. can help you achieve your strategic objectives. For more information on this particular transaction, please contact one of our senior professionals.

 

PRESS RELEASE

Riverbed Solidifies Federal Market Leadership With The Acquisition of Global Protocols LLC

Riverbed™ Technology (NASDAQ: RVBD), the IT performance company, today announced it has acquired Global Protocols LLC, a leader in helping government organizations achieve greater application performance across satellite networks using the Space Communications Protocol Standards (SCPS). The addition of Global Protocols’ industry-leading technology, SkipWare, to Riverbed® WAN optimization will bolster Riverbed’s leadership position in delivering optimization solutions for satellite networks.

SCPS is a protocol solution that was developed by NASA and US Space Command, and is used by military and other organizations that operate in satellite networking environments to overcome the severe performance degradation caused by weather and other interference that jeopardizes mission-critical communications. Global Protocols’ SkipWare product has a customer base in military, civilian and Department of Defense (DoD) agencies that operate over satellite networks. The acquisition will allow Riverbed to build on its success in providing DoD and other organizations with IT performance solutions that meet their rigorous standards, and bring the joint solution to the wide range of organizations using satellite networks for business-critical communications.

The acquisition of Global Protocols is an expansion of the existing partnership between Riverbed and Global Protocols. Since announcing its partnership in 2008, Riverbed and Global Protocols have enabled joint customers to achieve high-performance, secure access to mission-critical information by combining the award-winning WAN optimization capabilities of Riverbed Steelhead® appliances with best-of-breed SkipWare functionality from Global Protocols within the Riverbed Services Platform (RSP).

“Government organizations are pressured to adhere to strict guidelines, but also realize that performance is paramount to their success. Riverbed has been successful working with government organizations to speed access to mission-critical data over the WAN. By partnering with Global Protocols in 2008, we extended our reach and deepened our investment in the federal market,” said Jerry Kennelly, chief executive officer at Riverbed. “Adding Global Protocols’ technology to our product portfolio as a result of this acquisition will enable customers to derive even greater value out of the combined solution.”

Enterprises and government organizations leverage Riverbed WAN optimization to improve remote and mobile employee productivity, enable private clouds, and provide enterprise-wide network and application visibility. By speeding the performance of applications between remote offices, private data centers and mobile workers, typically by five to 50 times and in some cases up to 100 times, Riverbed Steelhead products enable organizations to consolidate IT, improve backup and replication processes to ensure data integrity, and improve staff productivity and collaboration. More than 8,700 customers, across a wide range of markets, have implemented Riverbed WAN optimization solutions in their geographically dispersed organizations.

KippsDeSanto & Co. Advises Healthcare IT Firm Buccaneer Computer Systems & Service, Inc. on Its Sale to Vangent, Inc.

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KippsDeSanto & Co. is pleased to announce the acquisition of our client, Buccaneer Computer Systems and Service, Inc. (“Buccaneer”), by Vangent, Inc. (“Vangent”), a portfolio company of Veritas Capital. Vangent acquired Buccaneer to deepen its IT infrastructure and data analytics capabilities, particularly in the government healthcare IT market. The transaction closed on September 15th, 2010.

Headquartered in Warrenton, VA, Buccaneer is a leading provider of IT services that enable federal healthcare organizations to operate more efficiently, effectively, and securely. The Company’s services include secure data hosting, IT laboratory operation and maintenance, and data mining & analytics, amongst other IT services. Buccaneer directly supports priority healthcare initiatives to reduce healthcare costs, increase quality of care, and widen availability of care. Key customers include the Centers for Medicare and Medicaid Services and Food & Drug Administration. Buccaneer has over 500 employees.

We believe this transaction represents a number of key trends in government technology M&A:

  • Companies focused in health information technology remain at the forefront of industry acquisition criteria.
  • High-growth companies are highly sought after in the context of today’s cautious budget environment.
  • A thorough understanding of government contracting and small business preference programs by an experienced advisor team can facilitate competitive pricing and outcomes.

KippsDeSanto & Co. is an investment bank focused on delivering exceptional M&A and financing transaction results for leading technology and defense companies. For more information on KippsDeSanto & Co., please visit www.kippsdesanto.com.

We welcome the opportunity to discuss how KippsDeSanto & Co. can help you achieve your strategic objectives. For more information on this particular transaction, please contact one of our senior professionals.

KippsDeSanto & Co. Advises Novii Design LLC on its Sale to GTCR and Six3 Systems, Inc.

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KippsDeSanto & Co. is pleased to send you the attached press release announcing the acquisition of our client, Novii Design LLC (“Novii”), by Six3 Systems, Inc. (“Six3”), a portfolio company of private equity group GTCR. Six3 acquired Novii to broaden its advanced IT engineering capabilities and expand its depth and breadth in highly sought after Intelligence Community customers. The transaction closed on September 27, 2010.

Headquartered in Columbia, MD, Novii is a leading provider of advanced enterprise software and systems engineering services to the Intelligence Community. The Company’s deep expertise in data warehouses, analytics, and cloud technologies enables its customers to more efficiently find, utilize, and act on their mission critical data. Furthermore, Novii’s holistic, mission-driven development process and extensive experience in open source development allows it to provide its customers highly scalable, interoperable, and effective IT solutions with a high return on investment and low total cost of ownership.

We believe this transaction represents a number of key trends in government technology M&A:

  • Focus and depth is a major differentiator for sellers seeking to optimize deal terms in today’s M&A market.
  • Strong buyer interest in firms supporting key Intelligence Community initiatives, particularly in the Fort Meade market.
  • Heightened importance placed on in-demand capabilities, including high-end software development and cybersecurity solutions.
  • Robust pace of M&A activity within the cybersecurity / intel arena, which represents 38% of government services transactions since the start of 2009.

KippsDeSanto & Co. is an investment bank focused on delivering exceptional M&A and financing transaction results for leading technology and defense companies. For more information on KippsDeSanto & Co., please visit www.kippsdesanto.com.
We welcome the opportunity to discuss how KippsDeSanto & Co. can help you achieve your strategic objectives. For more information on this particular transaction, please contact one of our senior professionals.

PRESS RELEASE

Six3 Systems Announces Acquisition of Novii Design, LLC

MCLEAN, VA. – September 29, 2010 – Six3 Systems, Inc. (“Six3 Systems”), a leading provider of highly strategic and differentiated solutions and services to the U.S. national security and defense intelligence communities, today announced the acquisition of Novii Design, LLC (“Novii”). Novii is a leading prime provider of large scale data fusion systems, cyber solutions and high-end enterprise architectures to the Intelligence Community. With over 70 highly technical, trained and cleared employees, Novii designs, builds and supports some of our nation’s most sensitive, mission-critical software applications and systems.

Six3 Systems was formed in April 2009 when GTCR, one of the nation’s leading private equity firms, partnered with Robert Coleman, former President and COO of ManTech International. Novii is Six3 Systems’ third acquisition since its founding. Six3 Systems previously acquired Harding Security Associates, Inc., a leading provider of identity intelligence, forensics analysis and security services, in July 2009, and BIT Systems, Inc., a leading provider of Intelligence, Surveillance and Reconnaissance (“ISR”) systems design, development, integration and maintenance services, in December 2009.

“Novii’s mission-critical enterprise software development capabilities will strategically enhance our offerings and serve as a key component in achieving our objective of building a leading national security services provider with highly specialized capabilities,” said Robert Coleman, CEO of Six3 Systems. “We believe that Novii’s ability to combine open source engineering with some of the most advanced commercial application and infrastructure solutions available today positions us well for the next evolution of Intelligence Community systems development, systems engineering and analysis. Combining Novii’s capabilities with our existing core competencies in identity intelligence, counterintelligence and ISR will create a highly strategic asset in the U.S. national security and defense intelligence communities.”

“We are very pleased to join forces with Six3 Systems,” commented Rebekah Lewis-Polancich, co-founder and President of Novii. “We believe that Six3 Systems will provide us with new capabilities and the reach back to better support our customers and their missions while maintaining the quality, innovation and responsiveness valued by our clients.”

KippsDeSanto & Co. was the exclusive financial advisor to Novii. Cooley LLP provided legal counsel to Novii. Kirkland & Ellis LLP provided legal counsel to Six3 Systems.

About Six3 Systems
Six3 Systems, headquartered in McLean, Virginia, is focused on providing highly strategic and differentiated solutions and services to support the missions of customers in the U.S. national security and defense intelligence communities. For more information about Six3 Systems, email info@six3systems.com.

About GTCR
Founded in 1980, GTCR is a leading private equity firm focused on investing in growth companies in the Financial Services & Technology, Healthcare and Information Services & Technology industries. The Chicago-based firm pioneered the “Leaders Strategy” – finding and partnering with world-class leaders as the critical first step in identifying, acquiring and building market-leading companies through acquisitions and organic growth. Since its inception, GTCR has invested more than $8 billion in over 200 companies. For more information, please visit www.gtcr.com.

KippsDeSanto & Co. Advises IT Consulting Firm, Asynchrony Solutions, Inc. on its Sale to Schafer Corporation

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KippsDeSanto & Co. is pleased to send you the attached press release announcing the acquisition of our client, Asynchrony Solutions, Inc. (“Asynchrony”), by Schafer Corporation (“Schafer”). Schafer acquired Asynchrony to broaden its agile software development capabilities, as well as add additional depth and breadth in highly sought after federal government and commercial customers. The transaction closed on August 9, 2010.

Headquartered in St. Louis, MO, Asynchrony is a leading provider of systems integration, custom application development, and secure collaboration solutions to U.S. government agencies, particularly the Department of Defense and U.S. Transportation Command, and commercial customers, such as Kaiser Permanente. The Company’s deep engineering and technology expertise drives its ability to provide future-focused architecture solutions to improve the performance and efficiency of its customers.

We believe this transaction represents a number of key trends in government technology M&A:

  • Interest in acquiring targets that have a strong focus and considerable depth within a specific target capability area and customer domain.
  • There is a growing demand for solutions on the high-end of the IT spectrum. Companies providing innovative technology solutions, particularly with exposure to national security initiatives, continue to generate strong interest among acquirers.
  • Financial sponsor activity in the government technology space has continued at a robust pace, with ten financial sponsor-backed acquisitions announced thus far in 2010.

KippsDeSanto & Co. is an investment bank focused on delivering exceptional M&A and financing transaction results for leading technology and defense companies. For more information on KippsDeSanto & Co., please visit www.kippsdesanto.com.

We welcome the opportunity to discuss how KippsDeSanto & Co. can help you achieve your strategic objectives. For more information on this particular transaction, please contact one of our senior professionals.

PRESS RELEASE

ASYNCHRONY SOLUTIONS JOINS SCHAFER CORPORATION

WASHINGTON – August 12, 2010 – Schafer Corporation, a leading provider of scientific and engineering products and analysis, systems integration, programmatic support, and technical solutions to government clientele, today announced that it had completed the acquisition of Asynchrony Solutions, Inc., a Saint Louis-based provider of agile software development, enterprise architecture, and systems integration services for a range of government and commercial customers. Schafer Corporation is majority owned by Metalmark Capital. Financial terms were not disclosed.

“The addition of Asynchrony’s talented team and agile development methodology will deepen Schafer’s information technology competencies and accelerate the company’s objective of providing innovative support and problem-solving solutions to help customers achieve success on their most challenging missions”

“We are very pleased to welcome the Asynchrony Solutions team to the Schafer family,” said Tony Frederickson, Schafer’s President and Chief Executive Officer. “Asynchrony brings superior, specialized knowledge and a proven track record of success in agile-software development, which is critical for us to meet the needs of our Department of Defense and other government clients. In addition, Asynchrony’s current focus directly addresses the important areas of cyber security and weapons of mass destruction counter proliferation.”

Bob Elfanbaum, Asynchrony Solutions’ CEO, stated: “In Schafer, we have found a partner who both embraces the culture of agile innovation at the heart of Asynchrony and brings additional customers and resources to accelerate our on-going growth and development, fortifying our offerings and our potential.”

“The addition of Asynchrony’s talented team and agile development methodology will deepen Schafer’s information technology competencies and accelerate the company’s objective of providing innovative support and problem-solving solutions to help customers achieve success on their most challenging missions,” said Jeff Siegal, Managing Director of Metalmark Capital. “We are excited about this combination and look forward to working with Bob Elfanbaum and his exceptional team.”

KippsDeSanto & Co. and Armstrong Teasdale LLP served as financial and legal advisors to Asynchrony Solutions. Kirkland & Ellis LLP served as legal advisor to Schafer Corporation.

About Schafer Corporation
Schafer Corporation is a provider of scientific and engineering products and analysis, systems integration, programmatic support, and technical services/solutions, primarily to government clientele. Schafer has a national footprint supporting mission-critical programs for customers including the US Armed Services, the Defense Advanced Research Projects Agency (DARPA), the Missile Defense Agency (MDA), the National Aeronautics and Space Administration (NASA), and the Department of Homeland Security. The Company has been widely recognized for its technical expertise and ability to provide objective analysis that leads to the development of innovative prototypes and problem-solving solutions. For more information, please visit www.schafercorp.com.

About Asynchrony Solutions
Asynchrony Solutions is an innovative software technology firm focused on the agile delivery of systems integration, custom application development, and tactical collaboration solutions. Clients include government agencies and Global 2000 companies. More information is available at www.asolutions.com.

About Metalmark Capital
Metalmark Capital is a leading private equity firm whose principals have a long track record of successful investing in targeted sectors, with particular focus and competence in defense/government services, energy/natural resources, industrials, and healthcare. Metalmark Capital seeks to build long-term value through active and supportive partnerships with the companies and management teams in which it invests. Metalmark Capital is an investment center of Citi Capital Advisors. For more information, please visit www.metalmarkcapital.com.

KippsDeSanto & Co. Advises the Board of Directors of Technology Solutions Firm Alion Science and Technology on its Debt Refinancing

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KippsDeSanto & Co. is pleased to send you the attached press release announcing the debt refinancing of our client, Alion Science and Technology Corporation (“Alion”). The transaction closed on March 22, 2010.

Headquartered in McLean, VA, Alion is a leading provider of scientific, engineering, and information technology solutions primarily to U.S. government agencies, particularly the U.S. Department of Defense, state and foreign governments, and other commercial customers. The employee-owned Company’s areas of expertise include national defense, homeland security, and energy and environmental analysis.

KippsDeSanto & Co. is an investment bank focused on delivering exceptional M&A and financing transaction results for leading technology and defense companies. For more information on KippsDeSanto & Co., please visit www.kippsdesanto.com.

We welcome the opportunity to discuss how KippsDeSanto & Co. can help you achieve your strategic objectives. For more information on this particular transaction, please contact one of our senior professionals.

PRESS RELEASE

Alion Completes Refinancing with Close of $310 Million Unit Offering
McLean, VA – March 22, 2010 – Alion Science and Technology, an employee-owned technology solutions company, announced that it has completed a refinancing that includes the closing of a $310 Million unit offering consisting of bonds and warrants and a $25 Million revolving line of credit.

The new financial structure provides greater liquidity and certainty to Alion’s capital structure, according to CEO and Chairman Bahman Atefi. “We have enjoyed substantial growth and success, and continuing on that path required more flexibility. Our prior debt obligations came with onerous terms, so finding more favorable financing options has been key to our long-term strategy,” Dr. Atefi explained. “The fact that our bond offering was oversubscribed gives us great confidence in our plans, and we appreciate that the financial community recognized the value Alion represents.”

Advisors to Alion in this transaction include Credit Suisse as banker and financial advisor and Baker & McKenzie LLP and Holland & Knight LLP as legal advisors. The Alion Board of Directors engaged KippsDeSanto & Co. as their independent financial advisor.

This press release contains information about management’s view of Alion’s future expectations, plans and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of a variety of risk factors and uncertainties discussed in documents periodically filed by Alion with the SEC. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.

Media Contact
Peter Jacobs
1750 Tysons Boulevard
Suite 1300
McLean, VA 22102
pjacobs@alionscience.com
P: 703.269.3473
F: 703.506.1813