On October 31, 2012, The KEYW Holding Corporation ("KEYW" or the "Company") issued a press release announcing its financial results for the three and nine month periods ended September 30, 2012. A copy of the Company's press release is attached hereto as Exhibit 99.1.

On October 25, 2012, the Board of Directors of KEYW at the recommendation of the Compensation Committee, after having an outside consultant perform an in-depth compensation study and review, approved the following base salaries, effective as of December 28, 2012, for the following executive officers of the Company:

             Executive       Base Salary beginning December 28, 2012
             Len Moodispaw                                  $500,000
             Mark Willard                                   $325,000
             John Krobath                                   $280,000
             Kim DeChello                                   $250,000

The Compensation Committee of the Board also established a goal of compensating executive officers at the median of our peer companies. These increases are the first step towards meeting that goal.

(d) Exhibits.

Exhibit No. Description

99.1 Press Release of the Company dated October 31, 2012.