Leitch Technology Corporation Acquires AgileVision.

Business/Technology Editors

CHELMSFORD, Mass.--(BUSINESS WIRE)--Feb. 26, 2002

Mercury Computer Systems and Sarnoff Corporation

Sell Successful Joint Venture to Video Industry's Leading-Edge

Solution Provider

Mercury Computer Systems, Inc. (NASDAQ:MRCY) and Sarnoff Corporation announced today that Leitch Technology Corporation (TSE:LTV; NASDAQ:LVID) has acquired the assets of AgileVision, LLC, a joint venture of Mercury and Sarnoff. Details of the sale, which was completed on February 8, 2002, were not released.

"Our objective in creating AgileVision was to develop an organization that could integrate our unique computing platform with Sarnoff's innovative software and successfully penetrate the broadcast market," stated Mercury CEO Jay Bertelli. "We are pleased that the AgileVision team has succeeded in both regards. With the sales, service and support organization of Leitch Technology behind them, we are confident the AgileVision team and its technology have a bright future."

"As an integral part of industry leader Leitch Technology, AgileVision will benefit from Leitch's infrastructure and industry presence, and will be able to bring its products, including technology developed at Sarnoff, to the next level of market maturity," added Sarnoff CEO Jim Carnes.

Founded in 1999 by Mercury and Sarnoff to leverage their complementary technologies into the emerging world of digital television, AgileVision is a technology innovator in software-based manipulation of compressed video and data. AgileVision introduced the AGV-1000(TM), nicknamed "DTV-in-a-Box" for its small footprint and comprehensive software-driven capabilities, in 2001. The system's patented algorithms enable manipulation of MPEG-2 and high-definition television (HDTV) signals entirely within the compressed domain. The AGV-1000 is currently in use at several major broadcast facilities delivering DTV and HDTV to the viewing public.

Integrated with Leitch, AgileVision will continue to operate out of central New Jersey. Veteran industry executive Tony Gargano, who has led AgileVision as CEO since its inception, will assist Leitch with the transition of the AgileVision team into the Leitch organization.

About Mercury Computer Systems, Inc.

Mercury Computer Systems, Inc. (NASDAQ: MRCY) is the leading producer of high-performance embedded, real-time digital signal and image processing computer systems. Mercury's products play a critical role in a wide range of applications, transforming sensor data to information for analysis and interpretation. In military reconnaissance and surveillance platforms the company's systems process real-time radar, sonar, and signals intelligence data. Mercury is developing commercial wireless communications solutions in areas such as WCDMA multi-user detection and smart antennas. Mercury's systems are also used in state-of-the-art medical diagnostic imaging devices including MRI, CT, PET, and digital X-ray, and in semiconductor imaging applications including photomask generation and wafer inspection. Based in Chelmsford, Massachusetts, Mercury serves customers in North America, Europe and Asia through its direct sales force and a network of subsidiaries and distributors.

About Sarnoff

Sarnoff Corporation (www.sarnoff.com), a subsidiary of SRI International, creates and commercializes electronic, biomedical and information technology for clients worldwide. Founded in 1942 as RCA Laboratories, it produces innovations in such areas as integrated circuits, lasers, and imagers; computational drug discovery and drug manufacture and delivery; digital TV and video; vision processing software and hardware; high-performance networking; and wireless communications. Its history includes the development of color TV, the liquid-crystal display, the disposable hearing aid, and a leadership role in creating the new U.S. digital and HDTV standard. Sarnoff also founds new companies to bring its technologies to market. Twenty such companies are in various stages of development.

About Leitch

Leitch Technology Corporation provides leading-edge solutions to store, switch, distribute, convert, and otherwise process high-quality audio and video signals. Applications for Leitch products span the broadcast, telco, cable, post production, Internet, and business-to-business markets. Leitch is headquartered in Toronto, Ontario, with other key offices in the United States, the United Kingdom, France, Brazil, Japan, Hong Kong and Australia.

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