NEI Announces Agreement To Be Acquired By UNICOM Systems for $1.45

NEI NEI announced today that it has signed a definitive merger agreement with UNICOM Systems, Inc. and a new UNICOM subsidiary under which UNICOM, a global information technology company and part of the UNICOM group of companies, will acquire NEI for $1.45 per common share in cash. The transaction is valued at approximately $63.2 million. This price represents a premium of approximately 85.5% to NEI's closing price of $0.78 on June 18, 2012.