Anthony Verna Joins Paradigm as Senior Vice President Responsible for Business Development, Marketing and Strategy.ROCKVILLE, Md. -- Paradigm Holdings, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :PDHO) (Paradigm), parent company of Paradigm Solutions Corporation, a provider of comprehensive information technology and business solutions for federal government enterprises, announced today that Anthony Verna has joined the Company as Senior Vice President. Reporting to Paradigm President 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. Peter B. LaMontagne, Mr. Verna will be responsible for business development, marketing and strategy for the Rockville, MD based IT solutions provider. Mr. Verna brings to Paradigm over 16 years of federal government IT industry experience in both solutions sales and operations. A U.S. Navy veteran, Mr. Verna has extensive experience with information technology programs and enterprise systems, including comprehensive security solutions. During his 10 years in federal business development, Mr. Verna has led efforts resulting in wins valued at more than $1.5 billion. Commenting on this strategic hire, Paradigm President and CEO Peter B. LaMontagne stated, "Driving organic growth in the Federal IT sector is a top priority, and Anthony and his team will be the cornerstone cornerstone Ceremonial building block, dated or otherwise inscribed, usually placed in an outer wall of a building to commemorate its dedication. Often the stone is hollowed out to contain newspapers, photographs, or other documents reflecting current customs, with a view to of this effort. Having worked with Anthony in the past gives me confidence that we are on our way to building a first class federal IT business development capability that will be results oriented--his energy, discipline, experience and leadership are a perfect fit for the future direction of Paradigm." Prior to joining Paradigm, Mr. Verna held executive positions with a leading federal government security services Security services are state institutions for the provision of intelligence, primarily of a strategic nature, but also including protective security intelligence. Examples include the Security Service (MI5) and the Secret Intelligence Service (MI6) in the United Kingdom, and the firm and ManTech International Corporation. At the security services firm, Mr. Verna developed and managed a new business pipeline valued at over $7.0 billion and was directly responsible for the capture of new business in excess of $350 million via contract awards from the Department of Homeland Security Noun 1. Department of Homeland Security - the federal department that administers all matters relating to homeland security Homeland Security executive department - a federal department in the executive branch of the government of the United States , Department of Justice, the Department of Defense, and other Government agencies. As the Vice President of Business Development and Capture for ManTech International, he led major new business wins with the Department of Defense, the Department of Justice and the Department of Homeland Security. Prior to his tenure at ManTech, Mr. Verna held technical, program management and operational director positions with Northrop Grumman Northrop Grumman Corporation (NYSE: NOC) is an aerospace and defense conglomerate that is the result of the 1994 purchase of Grumman by Northrop. The company is the third largest defense contractor for the U.S. (formerly Comptek Research Inc.) focusing on information technology, DoD C4ISR C4ISR Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance C4ISR Command, Control, Communications, Computer, Intelligence, Surveillance and Reconnaissance C4ISR Command Control Communications Computers Intelligence Surveillance and Reconnaissance and Combat System programs. Mr. Verna commented, "I am energized by the opportunity at Paradigm--we have a broad base of IT services experience and a valuable niche capability in supporting business continuity efforts for Federal enterprises. I look forward to expanding our network of teaming partners and our federal customer base as a key part of our growth strategy." About Paradigm Holdings, Inc. Paradigm Holdings, Inc., (www.paradigmsolutions.com) parent company of Paradigm Solutions Corporation, is a comprehensive information technology and business solutions provider for government enterprises. Paradigm Solutions Corporation specializes in Enterprise Risk Management, Systems Engineering, Infrastructure Support, and Program Management for government customers. Headquartered in Rockville, Maryland Rockville is the county seat of Montgomery County, Maryland, United States. According to the 2006 census update, the city had a total population of 59,114, making it the second largest city in Maryland. , the company currently employs nearly 300 people across 12 states. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. Paradigm Holdings, Inc. assumes no obligation to update the information contained in this press release. Future results for Paradigm Holdings, Inc. may be affected by its ability to continue to implement its government technology solutions, its dependence on the federal government and state and local governments and other federal government contractors A government contractor is a private company that produces goods or services under contract for the government. Often the terms of the contract specify cost plus – i.e., the contractor gets paid for its costs, plus a specified profit margin. as its major customers, timely passage of components of the federal budget, timely obligations of funding by the federal and state governments, its dependence on procuring Procuring, in general, is the act of acquiring goods or services, usually by contract. It may refer to:
A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. and other Paradigm Holdings, Inc. specific risks and uncertainties please refer to recent SEC filings for Paradigm Holdings, Inc., which are available from the Edgar Web site at www.edgar.org. |
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