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 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.
SOURCE SPARTA, Inc.