Bluestone Completes Investment in CIS Secure Computing, Inc.

MCLEAN, Va.--(BUSINESS WIRE)--Bluestone Investment Partners, the private equity affiliate of Bluestone Capital Partners, announced today that it has made an investment in CIS Secure Computing, Inc. (CIS). CIS is a leading provider of secure communications and computing solutions to defense and civilian agency customers.

“Bluestone’s principals have extensive experience owning, operating and advising companies in the defense technology and government services sectors. This experience truly makes Bluestone a value-added partner”

Established in 1992, CIS designs and engineers a broad range of products based on commercial-off-the-shelf technologies to meet unique government requirements. The company provides its products to a wide range of U.S. government customers that includes the Department of Defense, Department of State and the intelligence and special operations communities. CIS maintains key industry partnerships with large OEMs (Cisco, HP, Polycom, Riverbed, Juniper, Dell and Avaya) and leading federal systems integrators (General Dynamics, Harris, Lockheed Martin, ManTech, Northrop Grumman, Raytheon, CACI, SAIC and Verizon). CIS' headquarters in Sterling, Va. is an NSA-certified TEMPEST manufacturing and testing facility. In 2010, the Washington Business Journal recognized CIS as the ninth fastest growing company in the Washington, D.C. area.

Bill Strang, Managing Partner of the Bluestone fund, said, “We are pleased to partner with CIS. The company has an outstanding reputation for delivering quality products and solutions. We are eager to bring additional resources to the business so that it can expand its reach and product offerings and accelerate growth.”

“Bluestone’s principals have extensive experience owning, operating and advising companies in the defense technology and government services sectors. This experience truly makes Bluestone a value-added partner,” said Alan Mischler, president of CIS. “We look forward to leveraging the experience of the Bluestone team as we take CIS to the next level.”

Dale Collins, CIS founder, will remain with the company as an executive vice president of product development. John Turner also will be an executive vice president and will retain his role as the leader of the company’s business development efforts. Messrs. Collins and Turner will be on the CIS board of directors along with Mr. Mischler.

For more information about Bluestone, please visit www.bluestonecapitalpartners.com.