Mercury Systems Announces Availability of Full Design Packages for VITA 48.7 Air Flow-By Cooling
Scalable, proven OpenVPX cooling technology available to VITA members to reduce program risk
ANDOVER, Mass. – July 30, 2019 – Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com) announced that full Air Flow-By™ cooling technology design packages will be available from the VME International Trade Association’s (VITA’s) website for VITA members by mid-August 2019.
Air Flow-By is the ANSI/VITA 48.7-ratified open standard for the efficient cooling of OpenVPX™ processing systems. Its unique approach to air management cools both sides of each environmentally rugged, electromagnetic compatible (EMC) module ensuring balanced cooling performance across even the largest systems in accordance with VITA 47. This technology allows for the efficient cooling of 200+ watt modules.
Air Flow-By technology has been deployed by numerous manned and unmanned air platforms giving it the highest technology readiness level (TRL) of 9 and manufacturing readiness level (MRL) of 9. To aid other companies in the design and conversion of modules to Air Flow-By technology, Mercury is making available detailed design packages on the VITA website giving members access to this proven technology. Multiple suppliers have engaged in the technology and have this capability for their modules and subsystems. This package will also include all of the approved suppliers who have been making the components for more than six years.
Mercury Systems – Innovation That Matters®
Mercury Systems is a leading commercial provider of secure sensor and safety-critical processing subsystems. Optimized for customer and mission success, Mercury's solutions power a wide variety of critical defense and intelligence programs. Headquartered in Andover, Mass., Mercury is pioneering a next-generation defense electronics business model specifically designed to meet the industry's current and emerging technology needs. To learn more, visit www.mrcy.com and follow us on Twitter.
Forward-Looking Safe Harbor Statement
This press release contains certain forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995, including those relating to fiscal 2018 business performance and beyond and the Company's plans for growth and improvement in profitability and cash flow. You can identify these statements by the use of the words "may," "will," "could," "should," "would," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," "likely," "forecast," "probable," "potential," and similar expressions. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. Such risks and uncertainties include, but are not limited to, continued funding of defense programs, the timing and amounts of such funding, general economic and business conditions, including unforeseen weakness in the Company's markets, effects of any U.S. Federal government shutdown or extended continuing resolution, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, changes in, or in the U.S. Government's interpretation of, federal export control or procurement rules and regulations, market acceptance of the Company's products, shortages in components, production delays due to performance quality issues with outsourced components, inability to fully realize the expected benefits from acquisitions and restructurings, or delays in realizing such benefits, challenges in integrating acquired businesses and achieving anticipated synergies, changes to cyber-security regulations and requirements, changes in tax rates or tax regulations, changes to generally accepted accounting principles, difficulties in retaining key employees and customers, unanticipated costs under fixed-price service and system integration engagements, and various other factors beyond our control. These risks and uncertainties also include such additional risk factors as are discussed in the Company's filings with the U.S. Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended June 30, 2017. The Company cautions readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.
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Robert McGrail, Director of Corporate and Investor Communications
Mercury Systems, Inc.
+1 978-967-1366 / firstname.lastname@example.org
Mercury Systems and Innovation That Matters are registered trademarks and Air Flow-By is a trademark of Mercury Systems, Inc. OpenVPX is a trademark of VITA. Other product and company names mentioned may be trademarks and/or registered trademarks of their respective holders.