Integral Systems, Inc. (Nasdaq:ISYS) demo'd their High Data Rate Modem (HDRM) during the Satellite 2010 Conference in Washington DC. The HDRM represents the next generation of the Software Defined Radio (SDR) suitable for the satellite manufacturing and ground station industry.

The HDRM is a high rate, multi-mission satellite modem with data simulation capability. The Field Programmable Gate Array (FPGA) based HDRM is a one system solution that inputs Intermediate Frequency (IF) data and outputs packetized data over IP for data distribution at data rates greater than 1.7 Gbps.

Additionally, Integral Systems has announced the formation of Integral Systems SATCOM Solutions as the result of the acquisition of CVG, Incorporated, and its subsidiary, Avtec Systems, Inc. The acquisition further expands the reach of Integral Systems' product line and customer base within the Department of Defense (DoD). CVG-Avtec, based in Chantilly, Virginia, has approximately 100 employees and will be integrated into Integral Systems' Products Group as Integral Systems SATCOM Solutions.

Integral Systems will pay an aggregate of $34,675,000 in an all cash transaction or approximately one times the trailing twelve months revenue of CVG-Avtec. Additional terms of the transaction are summarized in the current report on Form 8-K filed today by Integral Systems with the Securities and Exchange Commission. Concurrent with this acquisition, Integral Systems will obtain a new $55 million secured credit facility with three syndicate banks led by Bank of America, N.A. The acquisition will be financed with a combination of the Company's existing cash available and borrowings under the new line of credit. CVG-Avtec provides secure, satellite-based communication solutions to government and commercial markets. The company offers integrated ground systems infrastructure solutions for satellite communications, payload data processing, simulation and testing for military, intelligence, government, and commercial programs worldwide.