Argon Engineering Associates, Inc. and Sensytech, Inc. Completes Merger.NEWINGTON, Va. & FAIRFAX, Va. -- Sensytech, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :STST), and Argon Engineering Associates, Inc. announced that the merger between the two companies was completed today, following the approval yesterday by their respective stockholders. Additionally, the stockholders approved changing the name of the company from Sensytech, Inc. to ARGON ST, Inc. Under the merger, the shareholders of Argon Engineering Associates will receive two shares of Sensytech common stock for each share of Argon Engineering Associates stock. The merged company's stock symbol will remain 'STST' and will trade under the new name ARGON ST effective September 30, 2004. The stock symbol for the first 20 calendar days from September 30, 2004, will be 'STSTD.' The 'D' is used by the Nasdaq National Market to designate that ARGON ST is a 'new' company in that it is the result of a merger. The company's headquarters will be located in Fairfax, VA. ARGON ST, Inc. designs, develops, and manufactures electronic intelligence systems (ELINT Noun 1. ELINT - intelligence derived from electromagnetic radiations from foreign sources (other than radioactive sources) electronics intelligence ), communications systems that search, identify and capture signals of interest (COMINT n. 1. an abbreviation for communications intelligence ltname>; technical and intelligence information derived from foreign communications by other than the intended recipients. Noun 1. ), and airborne imaging systems serving domestic and worldwide Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance An activity that synchronizes and integrates the planning and operation of sensors, assets, and processing, exploitation, and dissemination systems in direct support of current and future operations. This is an integrated intelligence and operations function. Also called ISR. (C4ISR C4ISR Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance C4ISR Command, Control, Communications, Computer, Intelligence, Surveillance and Reconnaissance C4ISR Command Control Communications Computers Intelligence Surveillance and Reconnaissance ) markets. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion