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Lynx Software Technologies Appoints Ryan D. McCarthy, former Secretary of the U.S. Army, to its Board of Directors

SAN JOSE, Calif. - January 5, 2023 - Lynx Software Technologies (“Lynx” or the ”Company”), a leader in the development of open architecture software solutions for mission critical embedded systems, today announced the appointment of Ryan D. McCarthy, who has deep experience across the defense and policy space, to its Board of Directors.

McCarthy joins the board of Lynx after serving as 24th Secretary of the U.S. Army until January 2021 after being confirmed by unanimous consent by the U.S. Senate in September 2019. In August 2017, he was confirmed by unanimous consent by the U.S. Senate and appointed as 33rd Undersecretary of the Army. Prior to his confirmation as the Undersecretary, McCarthy worked for Lockheed Martin Corporation in sequential vice president roles responsible for the sustainment, customer solutions and program integration of the F-35 Joint Strike Fighter program. Previously, McCarthy was special assistant to the 22nd Secretary of Defense Robert M. Gates, under Presidents George W. Bush and Barack H. Obama. McCarthy served on active duty in the U.S. Army from 1997 to 2002 and was deployed in combat operations during the invasion of Afghanistan in support of Operation Enduring Freedom with the 75th Ranger Regiment, U.S. Army Special Operations Command.

McCarthy is a graduate of Virginia Military Institute and holds an M.B.A. from the University of Maryland Robert H. Smith School of Business. McCarthy currently serves on the Board of Directors of CACI International, OneWeb Technologies, and Tomahawk Robotics. He is also the Dean’s Scholar in residence at the Maxwell School of Citizenship and Public Affairs at Syracuse University and is on the Board of Advisors of the University of Maryland Robert H. Smith School of Business.

“We are honored to welcome Ryan as a member of our Board of Directors,” commented Tim Reed, Chief Executive Officer of Lynx. “His years of service at the intersection of defense, government, and industry will enable him to share key insights and perspectives with Lynx as we accelerate our strategy of providing modular, open, robust, and mission-critical software solutions to clients across aerospace, defense, and critical infrastructure end-markets.”

“The Department of Defense and clients in the aerospace and defense end-markets are increasingly looking to standardize on open architecture, high-performance software solutions that provide the highest levels of reliability and cybersecurity to keep pace with an ever-evolving threat environment,” said McCarthy. “Lynx’s unwavering commitment to the mission-critical requirements of the aerospace and defense end-markets and its unique product portfolio position it to successfully meet the market demand, and I look forward to working with Tim, the Lynx management team, and OceanSound Partners to help accelerate Lynx’s growth strategy.”

“Ryan brings a unique combination of experiences inside and outside of government, which will greatly advance Lynx’s efforts to educate the market about the benefits that modular and open commercial software solutions can deliver to aerospace and defense customers,” said Joe Benavides, Managing Partner of OceanSound.


 

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About Lynx Software Technologies
Lynx Software Technologies is the premier Mission Critical Edge company that enables safe, secure and high-performance environments for global customers in the aerospace, military, and federal markets. Since 1988, companies have trusted Lynx’s real-time operating system, virtualization and system certification experience, which uniquely enables mixed-criticality systems to be harnessed and deliver deterministic real-time performance and intelligent decision-making. Together with a growing set of technology partners, Lynx is realizing a new class of Mission Critical Edge systems that keep people and valuable data protected at every moment. For more information, visit www.lynx.com.

About OceanSound Partners
OceanSound Partners is a New York-based private equity firm that pursues control investments in technology and technology-enabled services companies serving government and enterprise end markets. OceanSound employs a partnership approach, working closely with founders, entrepreneurs, and executives of middle market businesses to drive transformational growth. For more information, visit www.oceansoundpartners.com


For Lynx
Kirsten Nelson
+1 (408) 206-5753
knelson@lynx.com

For OceanSound Partners
Charlyn Lusk
Stanton
+1 (646) 502-3549
clusk@stantonprm.com

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