Lyntris Inc. ("Lyntris"), a defense technology company delivering "sense-to-act" connectivity solutions for the modern, connected battlespace, today announced the commencement of its initial public offering of 24,000,000 shares of its common stock. The offering consists of 4,878,049 shares of common stock being offered by Lyntris and 19,121,951 shares of common stock being offered by certain selling stockholders. The selling stockholders also expect to grant the underwriters a 30-day option to purchase up to an additional 3,600,000 shares of common stock (solely to cover over-allotments, if any) at the initial public offering price, less underwriting discounts and commissions. Lyntris will not receive any proceeds from any sale of shares by the selling stockholders. The initial public offering price is expected to be between $19.00 and $22.00 per share. Lyntris has applied to list its common stock on the New York Stock Exchange under the ticker symbol "LYNX".