Cryptek Technologies, Inc. Acquires the Assets of Cryptek, Inc.

Sterling, VA, May 27, 2009 --(PR.com)-- Cryptek Technologies, Inc. (“Cryptek Technologies”), a provider of security products and solutions, today announced the acquisition of selected assets of Sterling, Virginia-based Cryptek, Inc., a leading innovator of secure information sharing and information assurance products and solutions.

Cryptek Technologies will offer TEMPEST and security products and value-added services out of its Sterling, Virginia headquarters, as well as its international subsidiaries in Canada and the United Kingdom. Cryptek Technologies Co-Founder, Glenn Ritzmann, will serve as President and Chief Executive Officer. Said Ritzmann, “The Cryptek name is synonymous with industry-leading security products and solutions. Cryptek Technologies will continue to provide customers the high-quality service to which they have become accustomed.”

In November 2008, Cryptek, Inc. filed for Chapter 11 bankruptcy protection, citing temporary financial challenges related to the credit market. As part of the transaction, Cryptek Technologies purchased substantially all of the assets of Cryptek, Inc., including intellectual property, through the bankruptcy court. “Leveraging the high-value Cryptek, Inc. assets will allow us to offer even more value-added services to both new and existing customers. With our newly expanded products and services portfolio, and seasoned management team, Cryptek Technologies is well positioned for growth,” added Ritzmann.

About Cryptek Technologies, Inc.
Cryptek Technologies, Inc. (www.cryptek.com) is a provider of security products and solutions. Clients include Global 2000 companies, governments, as well as military and intelligence agencies. Cryptek Technologies is headquartered in Virginia with a New Jersey division, and operates international subsidiaries in Canada and the United Kingdom.

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