SYS Announces New SYS Division Focusing on Homeland Security; Business to Be Led by Pericles Halifteras.SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. -- -SYS Technologies, (AMEX AMEX See: American Stock Exchange :SYS SYS System(s) SYS System Configuration (File Name Extension) SYS See You Soon SYS Sun Yat-Sen (founder of Republic of China) SYS Stretch-Yawn Syndrome ), a leading provider of real time information technology solutions to industrial and U.S. government customers, announced today that it has launched a new division to address the growing SYS business base in public safety and security systems. The acquisition of Polexis, Antin, and Xsilogy has significantly enhanced SYS' existing capabilities and contracts in these areas. The new Public Safety and Security Division will address homeland security Noun 1. Homeland Security - the federal department that administers all matters relating to homeland security Department of Homeland Security executive department - a federal department in the executive branch of the government of the United States and business security issues at the federal, state, and local level. The division will draw on technical resources in other SYS divisions to effect timely and reliable solutions to meet the command and response needs of fire and law enforcement agencies A law enforcement agency (LEA) is a term used to describe any agency which enforces the law. This may be a local or state police, federal agencies such as the Federal Bureau of Investigation (FBI) or the Drug Enforcement Administration (DEA). in a crises environment. The scope of this effort involves the application of existing SYS sensor technology, wireless sensor networking, the application of service oriented internet architectures, information visualization Representing data in 3D images in order to navigate through it more quickly and access it in a more natural manner. Although the term was coined at Xerox's Palo Alto Research Center, which has developed very advanced techniques, multidimensional cubes, or pivot tables, are a simpler form , and decision support technologies. Pericles Haleftiras, a veteran of over 25 years in software development and systems integration in the information technology business arena, will lead this new division. His experience includes software development and engineering services targeting real-time distributed component software development, Web application infrastructure, internet technologies, and enterprise software platforms for a broad mix of military and commercial customers. From 1985 to 1999, he was President and founder of Structured Technology Corporation which was acquired by NECSAS NECSAS NOAA Environmental Compliance and Safety Assessment System Corporation in 1999. Mr. Halifteras joined SYS through the Antin Engineering acquisition, which was completed in January, 2005. Before joining the company, Mr. Haleftiras was the Chief Technology Officer of General Magic, Inc. which played a key role in the development of the ONSTAR(TM) automotive navigation system An automotive navigation system is a satellite navigation system designed for use in automobiles. It typically uses GPS to acquire position data to locate the user on a road in the unit's map database. . The company was subsequently acquired by GM. At SYS, Haleftiras has served as the architect for projects focused on identifying and developing composable, service-oriented solutions for implementation in network-centric applications for the US Navy and Homeland Security. Cliff Cooke, Chief Executive Officer of SYS, said, "The formation of this new division reflects our commitment to applying our technology base to solving homeland security and homeland defense issues. Our capabilities in the areas of software integration and geospatial information processing information processing: see data processing. information processing Acquisition, recording, organization, retrieval, display, and dissemination of information. Today the term usually refers to computer-based operations. , as well as our success on similar projects such as FORCEnet, enable us to offer this comprehensive solution to our customer base." Cooke added, "Pericles is a very well-respected and effective manager of technical projects and technical people. His broad experience in software development and internet technologies combined with his background in providing solutions to government and commercial customers will be invaluable as we expand this division." Cooke continued, "The establishment of this division aligns with our announced acquisition strategy. The software development expertise of Polexis, which was acquired by SYS one year ago, coupled with SYS' decision support systems knowledge, the Xsilogy wireless sensor networking products, and Antin Engineering's 'Command Response' system enabled us to provide a comprehensive solution to the first responder first responder First response personnel Emergency medicine A person employed in the public sector–EMT, fire fighter, police, volunteer EMS–whose duties include provision of immediate medical care in the event of an emergency; FRs have basic emergency ." About SYS Technologies SYS Technologies (AMEX:SYS), is a leading provider of real-time decision support capabilities to the U.S. Federal government and large industrial customers. SYS Technologies' expertise is in real time sensor capture, communications, applications development, integration and data visualization which forms the basis of its current success and future growth. It customizes this expertise to the needs of its customers. For the Department of Defense (DoD), we provide command and control systems to operational commanders. For the U.S. Department of Homeland Security Noun 1. Department of Homeland Security - the federal department that administers all matters relating to homeland security Homeland Security executive department - a federal department in the executive branch of the government of the United States and various state agencies, it provides real-time safety and security products and services, including sensor networking products and end-to-end solutions. For large industrial customers in the telecommunications, utilities, construction, chemical, and biomedical bi·o·med·i·cal adj. 1. Of or relating to biomedicine. 2. Of, relating to, or involving biological, medical, and physical sciences. industries, its products and services are used to intelligently and profitably manage remote assets. SYS is headquartered in San Diego at 5050 Murphy Canyon Road, San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. 92123 and has principal offices in California, Virginia and Washington, DC. For additional information, visit the SYS Technologies web site at http://www.systechnologies.com. Notice Regarding Forward-Looking Statements This press release includes "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release regarding the Company's strategies, plans, objectives, expectations, and future operating results are forward-looking statements. Although SYS believes that the expectations reflected in such forward-looking statements are reasonable at this time, it can give no assurance that such expectations will prove to have been correct. Actual results could differ materially based upon a number of factors including, but not limited to, the state of economy, competition, unanticipated business opportunities, availability of financing, market acceptance, government regulation, dependence on key personnel, limited public markets and liquidity, shares eligible for future sale, continuation and renewal of contracts and other risks that may apply to the Company, including risks that are disclosed in the Company's Securities and Exchange Commission filings, including its report on Form 10QSB QSB Fading QSB Qualified Small Business (IRS category) QSB Queen Street Backpackers (Auckland, New Zealand) QSB Quality System Basics QSB Qualified Supplemental Benefit QSB Quantum Singleton Bound filed on November 4, 2004. |
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