Anteon Awarded Defense Finance and Accounting Service Contract.Business Editors, High Tech Writers FAIRFAX, Va.--(BUSINESS WIRE)--April 11, 2002 Anteon Corporation, a leading information technology and engineering solutions company, announced today that it has been awarded a five-year (base year plus four option years) task order to support the Defense Finance and Accounting Service The Defense Finance and Accounting Service (DFAS), an agency of the United States Department of Defense, provides finance and accounting services for the military and other members of defense. In FY 2004, DFAS:
DFAS Decorative and Fine Arts Society (The Hague, Holland) DFAS Dark Field Alignment System DFAS Department of Fisheries and Aquatic Sciences ) Technology Services Organization (TSO (Time Sharing Option) Software that provides interactive communications for IBM's MVS operating system. It allows a user or programmer to launch an application from a terminal and interactively work with it. The TSO counterpart in VM is called CMS. ). Anteon was awarded this task order recompete as a subcontractor to Electronic Data Systems (EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. ), under the Defense Financial Integrated Systems Services (DFISS) II contract. The base year value of the task order is $6.7 million with an estimated total value of $30 million if all options are exercised. Anteon has been supporting the DFAS TSO and its predecessor organization since 1983. Under this latest task order, Anteon will continue to provide a wide range of services including software development and integration, database design and development, technology support, classroom and computer-based training, and quality assurance and testing. Joseph M. Kampf, President and Chief Executive Officer of Anteon, said, "We have been supporting the DFAS organization for almost 20 years. This latest task order award and the longevity of our partnership provide compelling evidence of the quality of that support. We look forward to working with DFAS to meet future challenges." Anteon Corporation is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Anteon International Corporation (NYSE NYSE See: New York Stock Exchange : ANT). Anteon Corporation, headquartered in Fairfax, Virginia, is a leading information technology and systems engineering solutions company providing support to the federal government, commercial and international sectors for over 25 years. With FY 2001 revenue of $715 million, the Company has more than 5,400 employees in over 80 offices worldwide and frequently ranks among the top information technology integrators based on independent surveys. For more information, visit www.anteon.com. "Safe Harbor" Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in, or implied by forward-looking statements. For information concerning these risks and uncertainties, see Anteon's Securities and Exchange Commission filings. |
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