BTG Wins $10 Million Army Linguist Support Contract.FAIRFAX, Va.--(BUSINESS WIRE)--Dec. 2, 1999-- 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 , Inc. (Nasdaq: BTGI), an information systems and technical services company, announced that it was awarded a Linguist Support contract by the United States Army Intelligence and Security Command The United States Army Intelligence and Security Command (INSCOM), a major Army command, conducts dominant intelligence, security and information operations for military commanders and national decision makers. (USAINSCOM USAINSCOM United States Army Intelligence & Security Command USAINSCOM United States Army Information Systems Command ). BTG will provide the Command with linguists skilled in a variety of foreign languages and intelligence disciplines to support current operations. Potential contract revenue to BTG is estimated at approximately $10 million over the five-year term of the contract. When required, BTG also will provide linguists to support the United States Army United States Army Major branch of the U.S. military forces, charged with preserving peace and security and defending the nation. The first regular U.S. fighting force, the Continental Army, was organized by the Continental Congress on June 14, 1775, to supplement local during contingency operations worldwide. BTG Group Vice President Mike Tanksley said the services provided by the linguists include interpretation and translation, voice collection, transcription and analysis, as well as training in language, culture and country orientation. Tanksley said the company expects other commands and services will be allowed to use the contract to satisfy similar requirements for linguist support and services. The USAINSCOM Linguist Support contract allows BTG to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. its proven performance supporting military operations This is a list of missions, operations, and projects. Missions in support of other missions are not listed independently. World War I ''See also List of military engagements of World War I
Tanksley said: "This contract represents a tremendous opportunity for BTG to help the U.S. Army and USAINSCOM address a growing concern in the military about the availability of highly qualified linguists to support military, peacekeeping and intelligence operations. The United States military cannot be expected to recruit, train and retain the linguist force required to meet every conceivable requirement worldwide. Natural gaps will always exist between the military's core capabilities and emerging operational requirements. The Linguist Support contract gives our military a responsive and cost-effective solution. BTG has a long history supporting the military and intelligence communities anywhere, anytime. We are proud of that history and look forward to continuing that legacy in support of the Army and USAINSCOM." BTG is an information systems and technical services firm that provides computer-based solutions for government and commercial clients. The company is expert in providing total support for its customers from the engineering lab to the battlefield, including integrated logistics support A composite of all the support considerations necessary to assure the effective and economical support of a system for its life cycle. It is an integral part of all other aspects of system acquisition and operation. Also called ILS. , program management, training, life cycle software engineering, and field support. More information about BTG is available on the web at 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 revenues from a newly awarded contract 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. |
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