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Gryphon Technologies Wins $337m

Maritime Activity Reports, Inc.

December 24, 2008

Gryphon Technologies, LC, has been awarded a competitively bid $337m contract by the U.S. Navy to provide expert professional engineering services to the Naval Sea Systems Command Engineering Directorate.

Gryphon will provide technical and engineering support in the areas of advanced ship and vehicle concept development, future fleet force concepts, ship design standards, new-construction concepts, naval architecture, marine engineering, systems engineering and other lifecycle support for surface ships, aircraft carriers and submarines.

"This is a big win for us!" said P.J. Braden, President of Gryphon Technologies. "It is a privilege and honor to have this opportunity to support the Navy as they define and engineer Tomorrow's Fleet, and provide vital technical services that ensure in-service assets can continue to meet global commitments."

Gryphon Technologies, LC, is a CMMI Level 3 rated premier technical services firm that serves America's national security interests by providing innovative and imaginative engineering, systems integration, management and strategic communications solutions to federal defense agencies. The company has been named one of Maryland's 50 fastest-growing technology companies.

(www.GryphonLC.com)

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