Spirent Communications Establishes U.S. Company Focused On U.S. Department of Defense Contracts.Business Editors ROCKVILLE, M.D.--(BUSINESS WIRE)--Feb. 4, 2002 One of the world's largest providers of performance analysis and service assurance systems, Spirent Communications(TM), announced today the formation of a U.S. subsidiary, Global Secure Systems, to provide simulation system technology to the U.S. Department of Defense for analyzing and assuring Global Positioning System Global Positioning System: see navigation satellite. Global Positioning System (GPS) Precise satellite-based navigation and location system originally developed for U.S. military use. (GPS) receivers. Spirent Communications, a wholly owned business group of Spirent plc (NYSE NYSE See: New York Stock Exchange : SPM SPM - Sequential Parlog Machine and LSE LSE - Language Sensitive Editor : SPT (Sectors Per Track) The number of sectors in one track. ), established Global Secure Systems (GSS (storage) GSS - Group-Sweeping Scheduling. ) under a proxy agreement with the U.S. Defense Security Service to enable the company to compete for U.S. government contracts requiring classified security clearances. GSS will provide global positioning simulators, including government-required modifications or enhancements, for evaluation of mission-critical GPS receivers. GSS also will support existing equipment for local and wide area network infrastructures, including Service Level Agreement (SLA (1) (StereoLithography Apparatus) See 3D printing. (2) (Service Level Agreement) A contract between the provider and the user that specifies the level of service expected during its term. ) verification, through Spirent's Adtech and SmartBits product lines. "Spirent has more than half of the GPS satellite simulator market worldwide, and its products are already firmly established in U.S. military qualification, certification, integration and production environments," said Steve Naylor, vice president of business development for GSS and previously government sales manager with Spirent Communications. "With Spirent's GPS simulation products, the U.S. military will be able to create different scenarios for tracking real-time positioning of all moving vehicles, including space vehicles. Overall, our products will be used for development, testing and evaluation of user equipment." The management of GSS will be spear headed by a three-member team with more than 100 combined years of experience in U.S. security and defense operations. Ellen Hall, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , has more than 20 years experience in the aerospace industry, most recently as vice president of L-3 Communications' Interstate Electronics Corp. Former U.S. Secretary of the Navy Larry Garrett will serve as chairman of the board for the new company. Jack Devine, previously deputy director for technology and systems at the U.S. National Security Agency, will also sit on the company's board. "The government's increased focus on secure telecommunications systems demands best-in-class products for simulation of global positioning systems," said Hall. "In the context of this specialized market, we will work with our customers to analyze their requirements and develop customized applications based on Spirent's technology. We look forward to producing a new line of simulators that will accelerate the development and deployment of GPS modernization, including M Code, the next generation of GPS." More information about GSS and its offerings can be obtained at www.global-secure.com. About Spirent Communications Spirent Communications (www.spirentcom.com) unites the best in performance analysis technology with network operations expertise. The company's award-winning solutions enable customers to accelerate the development, deployment and assurance of next-generation network equipment and services worldwide. Spirent Communications designs and manufactures Adtech, DLS DLS abbr. Doctor of Library Science , Edgcumbe, GSS, Hekimian, SmartBits, TAS TAS abbr. 1. telephone answering system 2. true airspeed and Zarak products. More than 2,500 of the world's leading network and terminal equipment manufacturers, network service providers, corporate enterprises and test laboratories rely on our first-to-market products to verify and measure the performance and services of networks and communications devices. Spirent plc is listed on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. (ticker: SPT). The company is also listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. through a Level 2 American Depository Receipt American Depository Receipt n. called in the banking trade an ADR, it is a receipt issued by American banks to Americans as a substitute for actual ownership of shares of foreign stocks. program, through which one ADR ADR - Astra Digital Radio represents four Spirent shares (ticker: SPM; CUSIP number: 84856M209). Further information about Spirent plc can be found at www.spirent.com. Spirent and the Spirent logo are trademarks of Spirent plc. All other trademarks or registered trademarks are held by their respective companies. All rights reserved. This press release may contain forward-looking statements that are based on current expectations or beliefs, as well as assumptions about future events. You can identify these statements by their use of words such as "will," "anticipate," "estimate," "expect," "project," "intend," "plan," "should," "may," "assume" and other similar words. You should not place undue reliance on our forward-looking statements, which are not a guarantee of future performance and are subject to factors that could cause our actual results to differ materially from those expressed or implied by these statements. Such factors include: aggressive competition; our ability to develop and commercialize new products and services; risks relating to the acquisition or sale of businesses; our reliance on third party manufacturers and suppliers; our exposure to liabilities for product defects; our reliance on proprietary technology; our ability to grow in e-commerce; our ability to attract and retain qualified personnel; risks of doing business internationally; and risks of downturns in the industries in which we participate; and other risks described from time to time in Spirent plc's Securities and Exchange Commission periodic reports and filings. We undertake no obligation to update our forward-looking statements, whether as a result of new information, future events or otherwise. |
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