BTG Awarded $51 Million in Systems Engineering Contracts.FAIRFAX, Va.--(BUSINESS WIRE)--June 11, 1998--BTG, Inc. (Nasdaq: BTGI) announced that its Systems Engineering business unit has won multiple contracts with combined estimated revenue to 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 of $51 million over the next seven years. The company said the contracts are from U.S. defense and intelligence customers; specific agencies and details of the contracts cannot be disclosed under the terms of the agreements. BTG Senior Vice President Randy Fuerst, General Manager of the Systems Engineering group, said his team was selected for the awards because of BTG's expertise in information warfare Also called "cyberterrorism," it refers to creating havoc by disrupting the computers that manage stock exchanges, power grids, air traffic control and telecommunications. While the term often deals with attacks against a nation, it may also refer to attacks on organizations and the , modelling and simulation, data fusion Data fusion, is generally defined as the use of techniques that combine data from multiple sources and gather that information in order to achieve inferences, which will be more efficient than if they were achieved by means of a single source. , systems integration, software development, imagery, intelligence database development, and facilities management The management of a user's computer installation by an outside organization. All operations including systems, programming and the datacenter can be performed by the facilities management organization on the user's premises. . Fuerst said: "The U.S. defense/intelligence community has always been in the vanguard of using the latest technology to gather information, analyze it, and use it to make fast, intelligent decisions. BTG has been supporting the mission of these agencies for 16 years and, with these awards, we will be applying cutting-edge technologies that will further advance their capabilities." BTG provides information systems integration and engineering 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 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 discuss revenue from newly awarded contracts are subject to risks and uncertainties, most notably dependence on continued funding of U.S. government programs, government contract procurement and termination risks, including the risk of protest, as well as other risks described in the Company's Securities and Exchange Commission filings. CONTACT: BTG Incorporated John Graham John Graham, Johnny Graham or Jack Graham may be: In politics and history:
investor@btg.com or Theda Parrish, Communications, 703/383-8145 tparrish@btg.com or CorpComm@btg.com http://www.btg.com |
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