[May 15, 2012]

B. Riley & Co. Acted as Sole Book-Runner in $100 Million Underwritten Public Offering for Kratos Defense & Security Solutions, Inc.

B. Riley & Co., LLC (B. Riley) (www.brileyco.com), a leading independent investment bank which provides a full array of corporate finance, research, sales and trading services, announced today that it acted as sole book-running manager in a $100,000,000 underwritten public offering for Kratos (News - Alert) Defense & Security Solutions, Inc. (NASDAQ: KTOS).

The public follow-on offering consisted of 20,000,000 shares of common stock priced at $5.00 per share. The transaction closed May 14, 2012.

Bryant Riley led the B. Riley banking team for this transaction.

San Diego, CA (News - Alert)-based Kratos is a specialized National Security Technology business providing mission critical products, services and solutions for United States National Security priorities. Kratos' core capabilities are sophisticated engineering, manufacturing and system integration offerings for National Security platforms and programs. Kratos' areas of exertise include C5ISR, unmanned systems, cyber warfare, cyber security, information assurance, critical infrastructure security and weapons systems sustainment.

This communication shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About B. RILEY & CO.

B. Riley & Co. is a leading independent investment bank which provides a full array of corporate finance, research, sales, trading and otcqx dad services to corporate, institutional and high net worth individual clients. Investment banking services include merger and acquisitions advisory to public and private middle market companies, initial and secondary public offerings and institutional private placements. Its Corporate Governance Advisory Services Group is engaged by both companies and investors to help maximize value for shareholders. The firm is recognized for its distinguished Equity Research. Founded in 1997, B. Riley is headquartered in Los Angeles and maintains offices in Newport Beach, San Francisco, Boston and New York. It is a member of FINRA and SIPC. For more information, please visit www.brileyco.com.

Key Words:

Investment Banking
Sole Book-Runner
Follow-on Offering
Underwritten Public Offering
Defense Mergers & Acquisitions
Common Stock Offering
Stock Underwriter
Exclusive Financial Advisor
Fairness Opinion
Microwave Technology Solutions (News - Alert)
Homeland Security
Defense Stocks
Aerospace
Medical
Semiconductors
Technology hardware
Technology Software
IT services
Financial Services
Weapon Systems Sustainment
Military Weapon Range Operations and Technical Services
Network Engineering Services

[ Back To Contact Center Solutions Homepage's Homepage ]