Sypris and Cassidian Form International Strategic Alliance

Sypris Electronics has signed a Technology Information Exchange Agreement (TIEA) with Cassidian, formerly known as EADS Defence & Security. The Agreement will enable the global leverage of mutual capabilities in several critical information assurance areas, including key management, secure communications, and cyber security.

Specifically, the agreement allows the companies to expand their market reach for existing information assurance hardware and software solutions, by utilizing new domestic and international sales channels. "For years, Sypris and Cassidian have protected the most classified data and networks in the world," stated John Walsh, President of Sypris Electronics. „This agreement allows access to best-in-class technologies, which will help both organizations to launch new secure, robust, and comprehensive security solutions that will benefit the U.S. Government, International Ministries of Defense, and aerospace and defense contractors worldwide."