SAN DIEGO, Oct. 9, 2012 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that one of the nation's largest public power providers has selected its SecureInfo cybersecurity group to help protect the utility's information assets. The utility purchased the SecureInfo RMS® software product and related services to streamline information security risk management efforts.
SecureInfo RMS was chosen after a rigorous review of leading information security risk management software products. The review included a detailed feature by feature comparison and live demonstrations that simulated the utility's information technology environment. SecureInfo RMS was selected based upon its ability to help meet information security and compliance objectives while easily integrating with existing security processes.
"SecureInfo continues to broaden its reach into the utility sector by helping enterprises meet their security and compliance objectives. As part of the nation's critical infrastructure, it is vitally important that these organizations understand their information security risk posture and comply with federal regulations," said Christopher Fountain, Sr. Vice President of Kratos' SecureInfo. "It is an honor to provide innovative energy providers with solutions that help them manage and mitigate the cyber threats they face."
As part of the purchase, SecureInfo will install, configure, support and provide training and subject matter expertise for the SecureInfo RMS product across the energy provider's enterprise. SecureInfo RMS will simplify and streamline all aspects of the information security Risk Management Framework (RMF) and enable the utility to reduce costs, create a standardized RMF program and provide ready access to consistent, quality information security artifacts critical to maintaining a robust security posture. Due to certain customer specific and other considerations, no additional information will be provided related to this contract award.
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a specialized National Security technology business providing mission critical products, services and solutions for United States National Security. Kratos' core capabilities are sophisticated engineering, manufacturing and system integration offerings for National Security platforms and programs. Kratos' areas of expertise include Command, Control, Communications, Computing, Combat Systems, Intelligence, Surveillance and Reconnaissance (C5ISR), satellite communication systems, unmanned systems, cyber warfare, cybersecurity, information assurance, and critical infrastructure security. Kratos has primarily an engineering and technically oriented work force of approximately 4,400. The vast majority of Kratos' work is performed on a military base, in a secure facility or at a critical infrastructure location. Kratos' primary end customers are National Security related agencies. News and information are available at www.KratosDefense.com.
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Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty, including risks related to product failure, general economic conditions and cutbacks in spending. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended December 25, 2011, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.
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Source:Kratos Defense & Security Solutions, Inc.