LAKE FOREST, Calif., Jan. 13 /PRNewswire/ -- SPARTA, Inc. has signed a
definitive agreement to purchase the assets of McAfee Research (a division of
McAfee, Inc.) and will acquire the research contracts currently in place as
part of this agreement.
McAfee Research conducts advanced computer and network security research
focused on a variety of different technologies including: host, network, and
wireless intrusion prevention; malicious code defense; security policy and
management; high performance assurance and forensics; and, threats, attacks
and vulnerabilities. McAfee Research has worked with such government
organizations as the Defense Advanced Research Projects Agency, the Advanced
Research and Development Activity of the national intelligence community, the
National Security Agency and the Army Research Laboratories.
The McAfee Research staff, located primarily in Rockville, MD and Southern
California, will be integrated into the existing SPARTA organizations that
support some of the same government organizations.
"We are very pleased to be able to augment our current information
security capabilities with the outstanding research and development talent
coming to us from McAfee." Said Dr. Robert Sepucha, SPARTA's CEO. "This
acquisition gives SPARTA the ability to offer our customers access to state of
the art security technology and provides a natural transition path from R&D to
fielding for advanced security technology."
Financial terms of the deal were not disclosed.
About SPARTA, Inc.
SPARTA, Inc. is an employee-owned company headquartered in Lake Forest,
California, with over 20 offices throughout the United States. SPARTA has
enjoyed over 25 years of nationally recognized achievement as a provider of
technical products and services to the Defense, Intelligence, and Homeland
Security sectors of the Federal Government. For more information, visit
http://www.sparta.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act
of 1995
The statements contained in this release which are not historical facts
are forward-looking statements that are subject to risks and uncertainties
that could cause results to differ materially from those set forth in, or
implied by, such forward-looking statements. Statements about the Company's
future expectations, plans and prospects, including statements containing
words such as "projects," "anticipates," "believes," "estimates," "expects,"
"plans," "intends," and similar expressions, are forward-looking statements.
The risks and uncertainties involving forward-looking statements include risks
relating to the integration of and expected benefits from the acquisition of
the business described in the foregoing, the Company's dependence on continued
funding of U.S. government programs, government contract procurement and
termination risks, and other risks described in the Company's Securities and
Exchange Commission filings. These statements reflect the Company's current
beliefs and are based upon information currently available to it. We
anticipate that subsequent events and developments will cause our views to
change. However, while we may elect to update these forward-looking
statements in the future, we specifically disclaim any obligation to do so.
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