Applied Signal Technology, Inc. Selects New Chief Operating Officer

SUNNYVALE, Calif.--(BUSINESS WIRE)--Applied Signal Technology, Inc. (AST) (NASDAQ:APSG), a market leader in advanced intelligence, surveillance, and reconnaissance (ISR) solutions, today announced the selection of Mark M. Andersson as Chief Operating Officer, effective July 27. Mr. Andersson will report to President and Chief Executive Officer, William B. Van Vleet, and will be responsible for day-to-day operations, enabling Mr. Van Vleet to more closely focus on long-term strategic and financial development of the company.

Mr. Andersson joins AST from the Harris Corporation where he served as Vice President of the Proprietary Programs business area of Harris Government Communications Systems Division (GCSD), a leading supplier of enabling technology and custom communications system solutions for proprietary U.S. Government customers.

Mr. Andersson has more than 26 years experience in the development and implementation of state-of-the-art technology and turnkey system solutions for the defense, intelligence, and law enforcement communities, including signals intelligence (SIGINT), imagery intelligence (IMINT), and information management applications.

He began his career at the Harris Corporation in the early 1980s where he worked primarily on studies, programs, and pursuits with the National Security Agency (NSA). In 1995, Mr. Andersson joined the Proprietary Programs business area where he provided exemplary program management of mission-critical development and systems integration programs. Since early 2000, Mr. Andersson has held multiple leadership positions and has overseen strategic planning and operations for a number of significant lines of business which serve the intelligence community.

Mr. Andersson is a graduate of the University of Virginia with a Bachelor of Science in Electrical Engineering and holds an MBA from Georgia State University. He has participated in the Harris WIN Government Systems (WINGS) management development program, is a member of the Armed Forces Communications and Electronics Association, and is the recipient of numerous exemplary leadership awards.

Mr. William B. Van Vleet, Chief Executive Officer, commented, “We are very pleased to expand our management team with this new position. Mark’s experience and expertise in the areas of systems engineering, program management, business development, and marketing will help us achieve sustainable, year-over-year growth in our core businesses. We believe that with his operational leadership, we will increase our ability to capture new programs and maintain our excellent record of execution. At the same time, we believe that we now have a management structure that can better address our ongoing vision of an enhanced competitive position and a more diversified business. It remains our intent to leverage our considerable capabilities and financial resources for the long-term benefit of our customers, our partners, and our shareholders.”

About Applied Signal Technology, Inc.

Applied Signal Technology, Inc. is a leading provider of advanced intelligence, surveillance and reconnaissance (ISR) products, systems, and services that enhance global security. For further information about Applied Signal Technology, visit our website at www.appsig.com.