Thanks Tom.The form 3 covers stock options for Ms. Rudisill. To buy 125,000 shares at 4.35. 34% of option can be exercised 5/7/2000. 8.75% quarterly thereafter.
And this news....we now know how DSTs will be used in the Lockheed contract ....
<< Lockheed Martin Releases Commercial Digital Imagery Archive Solution
SUNNYVALE, Calif.--(BUSINESS WIRE)--May 19, 1999--Lockheed Martin Missiles & Space today announced the release of the Intelligent Library System (ILS) Version 1.0 that can archive very large imagery and data files -- for a variety of applications including the tracking of environmental changes such as beach erosion, a natural disaster or weather patterns over a period of many years.
The ILS Version 1.0 is an interactive digital archiving and analysis solution that allows users to manage, retrieve and distribute over 10 million gigabyte-plus imagery and data files from remote-sensing satellites or other sources.
For large-scale solutions, it integrates shelf, tape jukebox and redundant arrays of independent disks which together provide the equivalent of storing the information found in the Library of Congress more than 30 times over, or more than 1,000,000 full-length movies. In addition, ILS automates the archiving of such data for 10 years or more.
The smart tools in Intelligent Library System Release 1.0 are integrated into a turn-key system that can acquire, track and disseminate files from a wide variety of sources and formats online and on tape storage totaling 5,000 terabytes or more.
"The Intelligent Library System is unique in that it is a tailored system with smart features," said Bruce Hollinger, Intelligent Library System Program Manager. "Customers can choose configurations to the basic system specific to their needs, while automated retrieval options and customizable web-based screens provide efficient workflow management."
Remote sensing systems in particular collect vast amounts of data, which can be onerous to store, track and access, and they require immense storage capacity and sophisticated computing capabilities. Intelligent Library System uses an open architecture and automated search tools to streamline retrieval and workflow. Since the architecture is tailored and scalable, customers pay only for the quantity and throughput they need.
In addition to being optimized for geographic information systems, the Intelligent Library can be configured for myriad applications requiring large data storage, such as medical images, computer-assisted design files, or videos and multimedia.
Hardware and software vendors that provide components for ILS include Sun Microsystems Inc., Ampex, Clinton Electronics Corporation, Sensor Systems, and LSC Inc.
The Lockheed Martin team developed the Intelligent Library System with expertise derived from a decade of developing and operating the U.S. government's second generation Imagery Dissemination and Exploitation (IDEX II) system on a continuous basis.
Further releases of Intelligent Library System, planned for the fourth quarter of 1999, will include advanced functionality from current research and development efforts as well as additional data formats and improved image processing performance.
Lockheed Martin Missiles & Space received third party certification for Software Engineering Institute's Capability Maturity Model (SEI CMM) Level III software development process in May 1999. Missiles & Space successfully obtained third party registration of ISO 9001 in February 1997.
Lockheed Martin Missiles & Space is a leading supplier of satellite and ground systems to military, civil government and commercial organizations around the world. These systems have enhanced global communications, provided new, extensive and timely weather information, and furnished remote sensing data for thousands of scientists studying our planet and space.>> |
