Analysis & Technology, Inc. Subsidiary Awarded $55 Million Contract With IRS.NORTH STONINGTON Stonington (stōn`ĭngtən), town (1990 pop. 16,919), New London co., extreme SE Conn., on a peninsula jutting into Long Island Sound; settled 1649 from Plymouth, inc. 1662. , Conn.--(BUSINESS WIRE)--May 19, 1998-- -- Interactive Media Corp. to Develop Technology-Based Training for Organizational Performance Organizational performance comprises the actual output or results of an organization as measured against its intended outputs (or goals and objectives). Specialists in many fields are concerned with organizational performance including strategic planners, operations, Improvement -- Analysis & Technology, Inc. (Nasdaq:AATI AATI Austin Area Translators and Interpreters Association AATI Asociación Argentina de Traductores e Intérpretes ), a leading developer of engineering technologies and technology-based training solutions, announced today that its subsidiary, Interactive Media Corp., has been awarded a contract with the Internal Revenue Service (IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws. ) to provide training and performance development services. If all options are exercised during a five-year period, this multi-award, indefinite-delivery/indefinite-quantity contract is valued at $55 million. Seven other firms were also awarded prime contracts. Under the contract, Interactive Media Corp. will perform a wide variety of work to support the IRS s efforts to improve the performance of its 114,000 employees through skill assessment and training. Interactive Media will perform cost-benefit and emerging technology studies, develop new approaches to personnel assessments, and will develop instructional materials including distance learning and computer-based training See CBT. (application) Computer-Based Training - (CBT) Training (of humans) done by interaction with a computer. The programs and data used in CBT are known as "courseware." . Computer-based training systems will incorporate CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). , local area network, and/or remote network access. Gary P. Bennett, chairman and chief executive officer of Analysis & Technology, said, "Our ability to achieve this substantial contract with the IRS is due to our specialized-technology experience gained from many years of performance improvement work with our customers. Our technology expertise and customer focus distinguishes Analysis & Technology from our competitors in the custom training marketplace." Analysis & Technology, Inc. creates technology-based solutions through engineering and information technologies. Its subsidiary, Interactive Media Corp., creates technology- and Web-based training using leading-edge multimedia technologies. CONTACT: Analysis & Technology, Inc., North Stonington Elaine Grimsell Beckwith (860) 599-3910, ext. 2630 E-mail: ebeckwith@atinc.com Home Page: http://www.aati.com or Morgen-Walke Associates, Inc., New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Stacey Levitz, Lauren Felice Michael McMullan -- Press (212) 850-5600 |
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