$25 million deal: Maxima.The Maxima Corp. has landed a $25 million contract with the U.S. Postal Service The U.S. Postal Service (USPS) processes and delivers mail to individuals and businesses within the United States. The service seeks to improve its performance through the development of efficient mail-handling systems and operates its own planning and engineering programs. (USPS (1) (Uninterruptible Switching Power Supply) A power supply for a computer that contains its own battery and uninterruptible power supply (UPS) circuitry. See power supply and UPS. ) to assist in the sales and marketing of automation and address information system products. The contract will help the computer information management company, ranked No. 16 on the 1992 BE INDUSTRIAL SERVICE 100 with sales of $49.8 million, usher in a completely automated mailing system for the nation. USPS officials say that by 1995, letter mail in the United States will be totally automated, and each piece of mail will have a bar code. Under the terms of the contract, Maxima will help prepare USPS customers to use the new advanced automated mail-processing system. The company will also provide technical assistance and sales support to USPS account representatives. "Although Maxima is a minority-owned firm, it won the contract without a set-aside," says USPS spokesperson Sandra Stewart. The Lanham, Md.-based firm won the contract through a competitive bidding Competitive bidding A securities offering process in which securities firms submit competing bids to the issuer for the securities the issuer wishes to sell. competitive bidding 1. process with two other companies. Says Maxima Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Joshua I. Smith Joshua I. Smith is Chairman and Managing Partner of the Coaching Group, LLC (management consulting). As part of the Coaching Group, Mr. Smith served as former Vice Chairman and Chief Development Officer of iGate, Inc. (broadband networking company). : "I am pleased that Maxima has been selected by the U.S. Postal Service to continue to provide valuable services in furthering its overall goals and objectives for the 1990s." The contract went into effect in February and includes an option to extend the agreement for an additional four years. Stewart says it is the second contract that USPS has awarded Maxima. The first was awarded in 1989. "We are the only company to win the contract twice," says Major L. Clark III, Maxima senior vice president of corporate development and administration. "This puts us in a stronger position to sell our services." The company's reputation in this area is solid. Maxima has previously done technical services and barcoding for the Postmaster postmaster - The electronic mail contact and maintenance person at a site connected to the Internet or UUCPNET. Often, but not always, the same as the admin. The Internet standard for electronic mail (RFC 822) requires each machine to have a "postmaster" address; usually it is General's office in Washington, D.C. It also installed a computer network that allows USPS to use a high-tech telecommunications system in North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. . Maxima recently purchased Communications Resource Group Inc., a small telecommunications services firm for an undisclosed amount. The Columbia, Md.-based firm provides a number of services, including computer system repair and creating customized area networks for companies across the nation. The purchase has already helped Maxima land a national contract to service all telecommunications needs for Fast Food Merchandisers Inc., the holding company for the Hardee's restaurant chain. |
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