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Newbury, Piret & Co. represents ComCept, Inc. in its acquisition by L-3 Communications

Leading-edge defense systems engineering contractor acquired by L-3 Communications

BOSTON, MA August 6, 2002 ComCept, Inc., headquartered in Rockwall, Texas, is a rapidly growing, employee-owned, systems engineering contractor, specializing in requirements development, modeling, simulation, communications, and systems development and integration. The Company is staffed by some of the most knowledgeable Intelligence, Surveillance and Reconnaissance (ISR) operators and engineers in the nation. The Company was founded by Brian Cullen, formerly Chairman of Raytheon E-Systems and an Executive Vice President of the Raytheon Systems Company.

Newbury, Piret worked with ComCept's management as the Company's exclusive financial advisor on its acquisition by L-3 Communications (NYSE:LLL).

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