SYS Technologies Names Clifton Cooke CEO, David Derby Chairman at Annual Meeting; Five Directors Re-Elected and Two New Members Elected to Board.

Business Editors

SAN DIEGO--(BUSINESS WIRE)--April 15, 2003

SYS Technologies (OTCBB:SYYS) announced today the developments at the Company's annual meeting held yesterday at its new San Diego headquarters, where Clifton L. Cooke, Jr., 55, SYS Technologies' president and COO, was named CEO.

Cooke replaces W. Gerald Newmin, whose retirement was announced in September 2002. In addition to his expanded role as CEO, Cooke will maintain his responsibilities as president and COO.

Cooke joined the Company in September 2001 as vice president, corporate development, was elected to the SYS Technologies' Board of Directors in November 2001, and became President and COO in January 2002. Previously, he was the general manager and CEO of the $170 million Titan Technologies Division of Titan Corp., a billion-dollar diversified technology company. Cooke was founder and CEO of VisiCom Laboratories, which grew to over $50 million in revenue. Prior to starting VisiCom in 1988, Cooke was also founder and CEO of Advanced Digital Systems, which provided engineering services for DoD satellite programs. He holds a BA degree in Applied Physics and Information Science from the University of California, San Diego.

Also at the meeting, the Company re-elected five directors and elected two new directors, maintaining the board's seven member size, with each member serving a one-year term and until their respective successors are elected.

David A. Derby, 60, was named chairman of the board, replacing Newmin, who served as chairman of the board since 1999. Derby, who has served on the board since November 2001, is a business consultant serving NYSE and NASDAQ listed public corporations as well as private business ventures and nonprofit service organizations. A founder of Datron Systems Inc., Derby was its president and CEO from 1982 until 1997. From 1997 until 2001, Derby served as chairman, president and CEO. Since 1995, Derby has served on the board of directors, chaired the audit committee, and served on the compensation committee of AML Communications, a publicly traded wireless communications company headquartered in Camarillo, Calif. He also is a member of the board of directors of The Corporate Directors Forum, a nonprofit organization dedicated to better corporate governance through better education of directors. Derby provided technical services and training to NASA field engineering personnel in the Canary Islands during NASA's Gemini Program, served in the U.S. Navy from 1959 to 1962 and studied engineering at California State University, Northridge.

Also re-elected to the Board were John M. Burns, 56, Clifton Cooke, Jr., Kameron W. Maxwell, 66, and Charles E. Vandeveer, 61.

Thomas A. Page, 69, was newly elected to the board of directors. Page is chairman of Cuyamaca Bank, a director of Leap Wireless International, Targeted Molecules Corp., Metallic Power, an advisory director of Sorrento Ventures, a venture capital firm, and director of the San Diego Regional Economic Development Corp. In addition, Page is the former chairman of Enova Corp. and San Diego Gas & Electric Co. (SDG&E) and currently serves as chairman emeritus of both companies. Prior to the formation of Sempra Energy Corp. as a holding company in 1996, Page was SDG&E's chairman, president and CEO. Page joined SDG&E in 1978 as executive vice president and COO. In 1981, he was elected president and CEO and added the chairmanship in 1983. Page earned his B.S. degree in Civil Engineering and his Masters in Industrial Administration from Purdue University, where he was awarded a Doctorate in Management in 1994. He has been licensed as a Certified Public Accountant.

General Alfred Gray, 74, was also newly elected to the Board of Directors, and replaces Lawrence L. Kavanau. General Gray is Chairman and CEO of Garber International Associates (GIA), having joined the company in 1991 as a Senior Associate following his retirement from the U.S. Marine Corps in 1991 after 41 years of service. From 1987 to 1991, General Gray served as a member of the Joint Chiefs of Staff and was the 29th Commandant of the Marine Corps, responsible for the organization, training, equipment, readiness, effectiveness, efficiency and total performance of the Marine Corps. He served as military advisor to President Regan and President Bush, the National Security Council and the Secretary of Defense. From 1984 to 1987, General Gray was the Commanding General, Fleet Marine Force, Atlantic, Fleet Marine Force Europe, II Marine Expeditionary Force and Marine Striking Forces Atlantic (NATO). He enlisted in the Marine Corps in 1950 and achieved the rank of sergeant. He was commissioned a Second Lieutenant in 1952. In addition to being a recipient of numerous American military awards, General Gray has also received awards from the Republic of Korea, the Netherlands, Chile, Argentina, Colombia and Brazil. General Gray holds a B.S. from the State University of New York. He also attended Lafayette College, the Marine Corps Command and Staff College, Army War College and did graduate work at Syracuse University. General Gray is the recipient of two honorary Doctor of Law degrees, one from Lafayette College and the other from Monmouth College, and is a recipient of a Doctor of Military Science degree from Norwich University and a Doctor of Strategic Intelligence degree from the Defense Intelligence College.

Also at the annual meeting, the re-appointment of J.H. Cohn LLP as the Company's independent accountants for fiscal year 2003 was ratified, the Company's 2003 Employee Stock Option and Stock Purchase Plans were approved, and an amendment to the Company's Articles of Incorporation was approved. In addition, management highlighted the company's growth initiatives, including the expected launch of new products, the expansion of its current market share and the penetration of new markets.

Cliff Cooke stated, "We are pleased with the shareholder's approval of our hard work and their continued confidence in our ability to further increase shareholder value. Year-to-date, we successfully navigated the Company through a turbulent market, achieving record revenue and profitable growth. We firmly believe that the addition of Thomas and Al to the Board contribute invaluable expertise to the Board. Their background and shared business philosophies ideally complement SYS Technologies' culture, vision and goals and we will welcome their contributions as we rigorously pursue our strategic growth objectives in the private and Federal sectors."

David Derby added, "Clearly, Cliff has demonstrated his leadership and management capabilities given SYS Technologies' outstanding performance despite the challenging economy. We look forward to building on this momentum to create even greater shareholder value."

SYS Technologies has provided engineering, technical, financial and management services to commercial and U.S. government customers since 1966. It currently has several multiple-year management and engineering service contracts with the U.S. Navy and General Services Administration at various locations across the country. The Company is publicly traded (OTCBB:SYYS). SYS Technologies is headquartered in San Diego at 5050 Murphy Canyon Road, San Diego, California 92123, and has offices in Carlsbad and Oxnard, Calif., and Arlington and Chesapeake, Va. For additional information, visit the SYS Technologies Web site at http://www.systechnologies.com.

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 market 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.