RESTON, Va., Nov. 24, 2015 (GLOBE NEWSWIRE) -- Global Defense & National Security Systems Inc. (NASDAQ:GDEF) ("GDEF" or the "Company"), a special purpose acquisition company focused on the U.S. defense and national security sector, has announced the taking of no action on the extension amendments proposals at the special meeting of GDEF's stockholders scheduled for November 23, 2015.
This is in connection with the successful completion of the Company's business combination with STG Group, Inc., ("STG") earlier on November 23. At the closing of this transaction, the Company changed its name to STG Group, Inc., and anticipates trading under the ticker STGG shortly.
Global Defense & National Security Systems, Inc. (Nasdaq:GDEF) is a public company formed to acquire operating business in the U.S. defense and national security sectors. GDEF was established in 2013 by the leadership of Global Strategies Group (GLOBAL), an international defense and national security company operating and investing in the sector since 1998. GDEF was established as part of the GLOBAL mission to build technology businesses operating at the nexus of U.S. defense and national security priorities.
STG, Inc. is a specialist provider of mission-critical technology, cyber and data solutions to more than 50 US Federal Agencies. Applying decades of experience, the company works to ensure the security of the digital domain, the effectiveness of complex IT systems and the delivery of quality intelligence to decision makers. STG is a Washington Technology Top 100 Company.
CONTACT: Joele Frank, Wilkinson Brimmer Katcher Jamie Moser / Leigh Parrish 212-355-4449
Source:Global Defense & National Security Systems, Inc.;STG Group, Inc.