Legit Reviews

HANOVER, Md., Sept. 13, 2012 (GLOBE NEWSWIRE) -- KEYW Corporation
(Nasdaq:KEYW) is pleased to announce that it has entered into a
definitive agreement to acquire Sensage, Inc., a privately held
provider of advanced Security Information and Event Management (SIEM)
and event data warehousing software solutions to enterprise and
government customers. In addition to providing KEYW an expanded
commercial market opportunity, this acquisition strategically supports
Project G, our Cyber Awareness and Response Platform.

The Sensage SIEM solutions, technology and team will become an
important part of a new generation of cyber awareness products and
services that KEYW is preparing to launch. The transaction is expected
to close in October 2012, subject to Sensage equity holder approval and
other customary closing conditions.

"Sensage brings advanced cyber intelligence technology and an executive
team with extensive commercial product experience that is highly
relevant to bringing Project G to general availability early next
year," commented Leonard Moodispaw, CEO and President of KEYW
Corporation. "Cyber awareness begins with the ability to absorb and
relate large quantities of cyber operations and security data within an
enterprise. Today these data overwhelm most organizations' capabilities
to observe and respond to hostile activity within their network
environments until it is too late. By joining forces, KEYW and Sensage
will offer a new level of cyber awareness to both commercial and
government markets."

Sensage, headquartered in Redwood City, California, has delivered
solutions to over 450 enterprise and government customers worldwide.
Sensage's patented technology provides optimized high-volume event
collection, monitoring, analytics and reporting for large amounts of
log data over indefinite periods of time. Sensage technology was
recognized in May 2012 by Gartner, Inc. in the "Critical Capabilities
for Security Information and Event Management" report.

"Sensage is thrilled to become part of the KEYW team, building out
solutions that combine uniquely scalable technologies and advanced
expertise to solve the most difficult security problems on the planet,"
commented Joe Gottlieb, CEO of Sensage. "Our work with proactive
security teams in both commercial and government environments produces
a fountain of sophisticated analytics and best practices that we share
across all customers. KEYW's Cyber Awareness and Response Platform will
take all of this to the next level, integrating automated platforms on
customers' premises with cyber black belts in the cloud."

"In my view, other recent SIEM acquisitions have resulted in a
consolidation and commoditization of the SIEM market place that is
evolutionary, at best," said Richard Schaeffer, KEYW Advisory Board
member and advisor to Sensage, cyber security expert, consultant and
former Director of Information Assurance at the United States National
Security Agency. "The combination of mission-grade experience and
solutions from KEYW and big data analysis and commercial product
expertise from Sensage is a refreshing and potentially disruptive move
for the SIEM market, signaling that a much-needed next generation of
solutions is on its way."

Under the definitive agreement, KEYW will pay up to $18.0 million in
cash and up to $16.5 million in KEYW common stock to the Sensage equity
holders. $7.5 million of the stock and $3 million of the cash
consideration is contingent upon Sensage meeting certain revenue
targets for the second half of 2012. KEYW expects the acquisition to be
slightly accretive to KEYW's Q4 2012 financial results, subject to
final purchase price accounting.

A conference call and webcast has been scheduled to discuss this
acquisition on September 13, 2012, at 5:00 p.m. (EDT). Interested
parties will be able to connect to our Webcast via the Investor page on
our website, http://investors.keywcorp.com. Interested parties may also
listen to the conference call by calling 1-877-853-5645. The
International Dial-In access number will be 1-408-940-3868. At that
time, Management will provide an overview of Sensage and its strategic
fit with KEYW, followed by a question-and-answer session.

An archive of the Webcast will be available on our webpage following
the call. In addition, a dial-up replay of the call will be available
at approximately 7:00 p.m. (EDT) on September 13, 2012, and will remain
available through October 13, 2012. To access the dial-up replay, call
1-855-859-2056, Conference ID 29841585. In addition, a podcast of our
conference call will be available for download from our Investors page
of our website at approximately the same time as the dial-up replay.
International callers may access the replay by calling 1-404-537-3406,
with the same Conference ID.

About KEYW

KEYW provides agile cyber superiority, cyber security, and geospatial
intelligence solutions primarily for U.S. Government intelligence and
defense customers. We create our solutions by combining our services
and expertise with hardware, software, and proprietary technology to
meet our customers' requirements. For more information contact KEYW
Corporation, 7740 Milestone Parkway, Hanover, Maryland 21076; Phone
443-733-1600; Fax 443-733-1601; E-mail [email protected]; or on
the Web at www.keywcorp.com.

About Sensage

Sensage helps organizations collect, store, analyze and interpret
complex information to identify new threats, improve cyber security
defenses, and achieve industry and regulatory compliance. Sensage
serves its customers' most advanced Security Information and Event
Management (SIEM), log management, Call Detail Record (CDR) retention
and retrieval and Continuous Controls Monitoring (CCM) use cases.
Hundreds of customers worldwide leverage patented Security Intelligence
solutions from Sensage to effectively identify, understand and
counteract insider threats, advanced persistent threats, cyber threats,
fraud and compliance violations.

Combining powerful data warehousing with scalable, clustered
multiprocessing and robust analytics, Sensage solutions handle all
event data types, scale to petabytes, minimize storage costs and
perform sophisticated data analysis. Sensage has achieved Federal
Common Criteria and is FIPS 140-2 Certified. Sensage partners include
Cerner, Cisco, EMC, McAfee and SAP. For more information, visit
www.sensage.com.