Sotera Completes the Acquisition of Potomac Fusion, Inc.

HERNDON, Va., January 3, 2012 – Sotera Defense Solutions (Sotera), a provider of mission-critical, technology-based systems, solutions and services for national security customers announced that on December 30, 2011 the company completed the acquisition of Potomac Fusion, Inc. Potomac Fusion develops data fusion, data analytics, cyber and visualization solutions for U.S. Intelligence Community (IC) and Department of Defense (DOD) Tactical ISR mission systems operating in a cloud computing environment.

John Hillen, Sotera President & CEO commented, “This business combination is a natural fit – joining two organizations with the same emphasis on agility, ingenuity and integrity and a strong commitment to the national security mission. The addition of Potomac Fusion’s expertise in cloud computing architectures, data fusion and data analytics expands the broad range of support we can provide to help our national security customers achieve their missions at home and abroad.”

The Chantilly, Virginia-based company was founded in 2002 with a focus on developing software frameworks for data fusion and big data analytics for DOD customers.  With the accelerated demand for cloud architectures and data analytics, Potomac Fusion has grown steadily and now has over 200 employees delivering leading-edge cloud architecture and software engineering solutions to the U.S. IC and DOD.  The company is projecting revenues of $40 million for 2011.

Potomac Fusion will now be known as Potomac Fusion, a Sotera Defense Solutions Company and will be led by Russell Richardson.

Terms of the deal were not disclosed.

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The Synapse Development Team is pleased to announce the availability of the Synapse v3.0 Community Technology Preview (CTP) software release. We are midway through our planned six month development cycle for Synapse version 3.0 and are pleased to provide this early glimpse into the capabilities of the upcoming Synapse 3 platform. Some of the key features of Synapse 3 include:

•  A ground-up rewrite of the Synapse client-side framework, with an emphasis on performance and stability.
• A new unified widget API that includes a powerful new data manipulation language, called Synapse INtegrated Query (SINQ), designed to make Synapse widget development faster and easier.
• A greatly accelerated data ingestion system.
• A number of new demonstration widgets that take advantage of emerging HTML5 technologies and support more powerful analytical workflows.
• Better developer resources, including more comprehensive developer documentation, improved error messaging, and easier to understand code examples.

Note this release supports Synapse client mode only and does not include the Synapse v3.0 server component.

As usual, the Synapse v3.0 CTP distribution package can be downloaded from either the PFI Synapse Download Portal or from owfgoss.org. Please post your questions and comments to the Synapse Developer’s Google Group and stand by for our full release at the end of March.

Adds Cloud Computing Software Capabilities for Data Fusion & Data Analytics

Deepens Presence with the Ft. Meade Intelligence and DOD Tactical ISR Customer Communities

MCLEAN, VA, December 2, 2011 – Sotera Defense Solutions (Sotera), a provider of mission-critical, technology-based systems, solutions and services for national security customers, announced that on December 1, 2011, the company entered into a definitive agreement to acquire Potomac Fusion, Inc. Potomac Fusion develops data fusion, data analytics, cyber and visualization solutions for U.S. Intelligence Community (IC) and Department of Defense (DOD) Tactical ISR mission systems operating in a cloud computing environment.

John Hillen, Sotera’s President & CEO, stated, “At Sotera our strategy is to strengthen, deepen and align our core capabilities to address the rapidly evolving requirements of our national security customers. With core values that closely match our own – commitment to the customer’s mission and strong emphasis on agility, ingenuity and innovation – Potomac Fusion is a natural addition to the Sotera team. Potomac Fusion’s significant expertise in cloud computing architectures, data fusion and data analytics solutions will bolster the broad range of support we can provide to our customers operating on the front lines of cyber warfare, intelligence, and tactical ISR.”

The Chantilly, Virginia-based company was founded in 2002 with a focus on developing software frameworks for data fusion and big data analytics for DOD customers.  With the accelerated demand for cloud architectures and data analytics, Potomac Fusion has grown steadily and now has over 200 employees delivering leading-edge cloud architecture and software engineering solutions to the U.S. IC and DOD.  The company is projecting revenues of $40 million for 2011.

Russell Richardson, CEO of Potomac Fusion commented, “We are pleased to take this next step in growing our business. Combining our operations with Sotera will enable us to further strengthen our support to our IC and DOD customers. Sotera’s mission focus, agility and spirit of innovation and ingenuity were the key elements that attracted us to the company.”

Terms of the deal were not disclosed and Sotera expects the transaction to close in December 2011, subject to customary closing conditions.

Chertoff Capital, the investment banking affiliate of The Chertoff Group, is serving as the exclusive financial advisor to Potomac Fusion. Chertoff Capital provides merger and acquisition advisory services in the defense, intelligence, cybersecurity, and homeland security markets.

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Potomac Fusion, Inc. is pleased to announce the release of the Synapse Application Framework version 2.3.0.

Here are some highlights from this release:

• Improved performance of Synapse and the Synapse Enterprise Service
• Improved look, feel, and workflow of the Record Set controls
• Introduced new Time Filter to replace the old Temporal Control
• Introduced new look and feel in the Encoding Control and the ability to save and load encodings
• Added the ability to drag and drop data from visualizations into Record Set controls
• Many other bug fixes and enhancements

All registered users of the Synapse Download Portal can download the new version immediately.

Potomac Fusion, Inc. is pleased to announce the release of the Synapse Application Framework version 2.2.2.

Here are some highlights from this release:

• Support for OWF 3.5
• importCSV widget will now work without Synapse Enterprise System
• 70+ minor or moderate bugfixes

All registered users of the Synapse Download Portal can download the new version immediately.