HANOVER, Md., March 25, 2014 (GLOBE NEWSWIRE) — The KEYW Holding Corporation (Nasdaq:KEYW) announced today that it has appointed Philip L. Calamia as Chief Financial Officer. His appointment is effective March 25, 2014.
“Over the past nine months, I have had the opportunity to get to know Phil as he developed the infrastructure and financial processes for our Hexis Cyber Solutions subsidiary,” commented Len Moodispaw, CEO and President of KEYW. “Phil’s previous experience as a publicly-traded commercial technology company CFO will be invaluable to KEYW as we continue to transition our business model to become not only a high-end intelligence community focused engineering services enterprise but also an innovative information security technology company, as well. Furthermore, I have been very pleased to observe that Phil’s leadership style and personality blend very well with KEYW’s culture.”
“Working with the KEYW team for several months, I have been impressed with the accomplishments the company has made in the past five years,” said Phil Calamia, Chief Financial Officer of KEYW. “I am excited to be part of the team as we continue to execute on our strategic direction.”
Prior to joining KEYW, Phil was Chief Financial Officer of AuthenTec, Inc., which was acquired by Apple. AuthenTec provided security solutions focused on secure networking, content and data protection, access control and strong fingerprint security on mobile devices and PCs. While at AuthenTec, Phil helped drive change to the business operations resulting in topline growth and breakeven EBITDA.
Prior to AuthenTec, Phil was Managing Partner of CFO Navigator, a boutique management-consulting firm assisting management teams and investors in building sustainable enterprise value with a focus on enhancing performance by uncovering previously unidentified opportunities. Previously, Phil led a successful IPO at US Interactive as its Chief Financial Officer and he had financial leadership roles at CDI Corporation, Maxwell Systems and Mediq. Phil is a Certified Public Accountant (license status inactive) having started his career in public accounting.
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.
Forward-Looking Statements: Statements made in this press release that are not historical facts constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements containing the words “estimates,” “believes,” “anticipates,” “plans,” “expects,” ‘will,” “potential,” “opportunities,” and similar expressions. Our actual results, performance or achievements or industry results may differ materially from those expressed or implied in these forward-looking statements, including, but not limited to, express or implied statements concerning: our expectations regarding our future financial performance, including the potential impact of successful contract awards; our bid and proposal pipeline; our ability to achieve projected growth in certain of our business units and the expected timing of such growth; demand for our products, services and solutions serving the intelligence, cyber and counterterrorism communities; and performance of key contracts, including the timing of production related to certain of our contracts and product offerings. Factors that may cause our results to differ, potentially materially, from those expressed or implied in our forward-looking statements include, but are not limited to: risks to our business and financial results related to reductions and other spending constraints imposed on the U.S. Government, including as a result the Federal budget deficit and Federal government shut-downs; risks of adverse regulatory action or litigation; risks that changes, cutbacks or delays in spending by Intelligence Community (IC) customers, including the National Security Agency (NSA), the National Geospatial-Intelligence Agency (NGA), and other agencies within the IC, the Federal Bureau of Investigation, and the Department of Defense (DoD) may occur, which could cause delays or cancellations of key government contracts; risks of delays to or the cancellation of our projects as a result of protest actions submitted by our competitors; risks that changes may occur in Federal government (or other applicable) procurement laws, regulations, policies and budgets; risks related to changes in government and customer priorities and requirements (including cost-cutting initiatives, the potential deferral of awards, terminations or reduction of expenditures to respond to the priorities of Congress and the Administration; and those risk factors set forth in our Annual Report on Form 10-K, dated and filed March 16, 2018 with the Securities and Exchange Commission (SEC), and other filings that we make with the SEC from time to time. Due to such uncertainties and risks, investors are cautioned not to place undue reliance on such forward-looking statements. We are under no obligation to (and expressly disclaims any such obligation to) update or alter our forward-looking statements whether as a result of new information, future events or otherwise.
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