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KEYW Launches New Advanced Cyber Research and Training Center

HANOVER, Md., April 1, 2014 (GLOBE NEWSWIRE) — The KEYW Holding Corporation (Nasdaq:KEYW) announced today that its subsidiary, The KEYW Corporation, signed a lease for an additional 90,000 square feet of space in a new building close to its Headquarters on Milestone Parkway, Hanover, Maryland. The building will be designed to support KEYW’s Advanced Cyber Research and Training Center. KEYW has an option for the remaining 30,000 square feet in the building to allow for rapid expansion of its cyber capability.

KEYW President and CEO Len Moodispaw stated, “KEYW has always been on the leading edge of cybersecurity and this investment to expand our infrastructure comes as a result of our recognition that the U.S. Government needs the cyber expertise we provide.”

In his remarks delivered at the retirement ceremony of the outgoing Director of the NSA, Defense Secretary Chuck Hagel stated that the Department of Defense is expanding its modern cyber force in an effort to enhance the United States’ “ability to deter aggression in cyber space, deny adversaries their objects, and defend the nation from cyber attacks that threaten our national security” and that “[i]n 2016, that force should number over 6,000 professionals” working together to “defend the United States against major cyber attacks”.

The primary mission of the new KEYW Advanced Cyber Research and Training Center will be to develop tools and analytics to help protect and defend U.S interests, as well as to create a state-of-the-art training center designed to support the increased throughput of students required to bring the cyber warfare forces up to full strength.

Greg Dixon, one of the founding members of KEYW has been promoted to Sector Vice President and will provide the leadership for the Advanced Cyber Research and Training Center. Greg has led the organic growth of KEYW’s Government cyber business over the past five years.

This lease follows the expansion of KEYW’s Airborne Sensors and Flight Operations Center in North Andover, Massachusetts by 10,000 square feet to support new sensor technologies and flight service offerings. KEYW is also planning to expand into an additional 15,000 square feet of space in its Severn Maryland facility to accommodate growth in both sensor and micro-electronic development.

About KeyW
KeyW is an innovative national security solutions provider to the Intelligence, Cyber, and Counterterrorism communities. KeyW’s advanced technologies in cyber; intelligence, surveillance and reconnaissance; and analytics span the full spectrum of customer missions and enhanced capabilities. The company’s highly skilled workforce solves complex customer challenges such as preventing cyber threats, transforming data to actionable intelligence, and building and deploying sensor packages into any domain. For more information, please visit www.KeyWCorp.com and follow KeyW on Twitter @KeyWCorp.


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Media Contact:
Karen Coker
Director, Corporate Communications
443.733.1613
communications@keywcorp.com

Investor Contact:
Mark Zindler
Vice President, Investor Relations and Treasury
703.880.9379
investors@keywcorp.com