HANOVER, Md., June 11, 2014 (GLOBE NEWSWIRE) — Hexis Cyber Solutions, Inc. (Hexis), a wholly-owned subsidiary of The KEYW Holding Corporation (Nasdaq:KEYW), and a provider of advanced cybersecurity solutions for commercial companies and government agencies, today announced that a leading U.S. government agency has taken an initial delivery of its next-generation threat investigation and automated malware removal solution, HawkEye G, to deliver advanced threat detection and automated malware removal.
All organizations, including government agencies, are susceptible to sophisticated malware attacks, putting high-value assets and sensitive information at risk. While many technologies on the market can detect threats, security professionals continue to get overburdened with the vast number of identified events, even while attackers continue to advance exploitation techniques to bypass defenses.
“To avoid an abundance of false positives and weakened defenses, organizations look for security solutions that deliver intelligent threat detection based on organizational data, deep analytical insight into the latest exploits, and capability to remove malware from the enterprise before compromise takes place,” said Chris Fedde, president, Hexis Cyber Solutions. “HawkEye G was built on a foundation of expertise from KEYW Corporation with deep understanding of how hackers think, how to defend against attacks and how to leverage analytics to respond to and remove advanced threats. Selection as a cybersecurity solution by the U.S. government validates the importance of machine-speed response to advanced threats.”
The U.S. government agency selected HawkEye G for advanced threat detection capability that leverages an embedded high performance event data warehouse with rich analytics. All at machine-speed, HawkEye G collects and analyzes host and network data to identify malicious code that has breached the perimeter, conducts security and forensics investigations to determine a comprehensive threat removal strategy, and deploys countermeasures to remove malware from affected devices. HawkEye G users also benefit from real-time protection against emerging threats with new analytics, countermeasures and software updates through the cloud.
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.
Director, Corporate Communications
Vice President, Investor Relations and Treasury