American Systems Corporation Releases New Web-Based Risk Management Application.

CHANTILLY, Va. -- American Systems Corporation (ASC), one of the largest locally based federal contractors in the greater D.C. area, announces the release of Risk Radar Enterprise(R). Risk Radar Enterprise is a fully Web-based, easy-to-use application designed to encourage and facilitate proactive risk management and communication within a multi-project, multi-tier Enterprise Risk Management system.

Risk Radar Enterprise provides real time visibility into the effectiveness of risk identification, characterization, monitoring, reporting, and mitigation activities within an enterprise organization and its programs and projects. Because it is web-based, it provides geographically dispersed project teams global access to vital risk data while encouraging proactive risk communication among senior managers, program and project managers and their teams.

Additionally, Risk Radar Enterprise complies with and supports proactive and repeatable risk management activities by complying with DoD, IEEE, ISO, and SEI CMMI risk management standards and best practices. Key features include a customizable impact vs. probability "Risk Cube", and tailorable risk attributes, risk triggers with automatic email notification, and project milestones that can be set at the enterprise and individual project level within the system. In addition to 22 standard risk reports, Risk Radar Enterprise includes a custom ad hoc report capability. The application's scaleable licensing schema supports both large and small organizations and projects.

According to Shawn O'Rourke, Vice President of ASC's Risk Management Division, "We believe that once organizations and project managers see how easy Risk Radar Enterprise is to use and how easily it adapts to their current processes, they will want to implement it to support their own enterprise risk management program. One customer stated, 'For project work, the application has direct applicability, especially for major capital or cross organization initiatives...it appears to be rigorous and yet user friendly.'"

About American Systems Corporation (ASC)

ASC is a privately held, employee-owned company headquartered in northern Virginia. The company employs approximately 1,400 employees in 22 offices nationwide and provides a full range of information technology, consulting, and training services.

ASC business lines include systems engineering and professional technical services, training services and simulation products, software development, systems and network integration, national rollouts of network and point-of-sale systems, security solutions, and related information technology services. ASC serves clients in the government, defense, telecommunications, commercial, and retail markets.

For more information, please visit us on the Web at: www.2asc.com