BTG Awarded $14.3 Million Project in Florida.FAIRFAX, Va.--(BUSINESS WIRE)--June 30, 1998--BTG, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BTGI) announced that its Delta division in Niceville, Florida Niceville is a city in Okaloosa County, Florida, United States, located in close proximity to Eglin Air Force Base. It was previously named Boggy Bayou, but the name was changed to attract more tourists. , has been awarded a $14.3 million contract by Gulf Sands Development of Destin for the development of a seven-story, 136-unit condominium building on Okaloosa Island near Fort Walton Beach, Florida Fort Walton Beach is a city in Okaloosa County, Florida, United States. As of 2004, the population estimate for Fort Walton Beach, Florida is 19,992 recorded by the U.S. Census Bureau.[2] Fort Walton Beach is a year round fishing and beach resort. . The "Island Princess" condominium project is scheduled for completion next year. BTG's Delta division, part of the company's Systems Engineering group, is expert in the application of technology to construction management, from parametric cost engineering to advanced delivery and scheduling techniques. Its staff includes architects, engineers, planners, project managers and superintendents with a broad range of experience and technical knowledge. The company employs a sophisticated set of systems and software specifically designed for managing construction projects more efficiently and cost effectively, including computerized cost estimation and computer-aided design computer-aided design (CAD) or computer-aided design and drafting (CADD), form of automation that helps designers prepare drawings, specifications, parts lists, and other design-related elements using special graphics- and calculations-intensive and drafting(CADD (Computer-Aided Design and Drafting) CAD systems with additional features for drafting, such as dimensioning and text entry. CADD - Computer Aided Detector Design: a project to develop standards and methods to allow cooperation between HEP ) systems. The award of the Island Princess contract follows the company's recent success in a challenging construction management project that involved building and renovating 32 Okaloosa County schools in partnership with Sverdrup Facilities. BTG BTG BIT (Built-In Test) Target Generator BTG Bridging the Gap BTG British Technology Group BtG Betreuungsgesetz (Germany) BTG Biomass Technology Group BV BTG Begbies Traynor Group provides information systems integration and engineering services to government and commercial clients. The company specializes in network solutions, information security, and Internet/intranet access and services. More information about BTG is available on the Web at http://www.btg.com, by e-mail at info@btg.com, or by calling 703/383-8000. 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: The statements contained in this release, which discuss revenue from newly awarded contracts, 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, including termination risks as well as other risks described in the Company's Securities and Exchange Commission filings.
CONTACT: BTG Inc.
Investor Contact, John Graham, 703/383-8147
investor@btg.com
Editor Contact, Theda Parrish, 703/383-8145
tparrish@btg.com
CorpComm@btg.com
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