BTG Wins TVA Services Contract.VIENNA, Va.--(BUSINESS WIRE)--Oct. 29, 1996--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 it is one of three winners of a technical services contract with the Tennessee Valley Authority Tennessee Valley Authority (TVA), independent U.S. government corporate agency, created in 1933 by act of Congress; it is responsible for the integrated development of the Tennessee River basin. (TVA TVA: see Tennessee Valley Authority. ). The contract has a potential value of $44 million over its four-year term. 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 and the other two contractors will compete for task orders issued by TVA for information technology services and staff augmentation support. These services include programming, systems analysis, network design and support, database administration, consulting, and computer operations. BTG is also one of three firms recently awarded contracts by the TVA for the acquisition of desktop computers, hardware, software, and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . BTG's award is a one-year, $10 million contract, which has the option of two additional years of equal or greater value. (See BTG-96-25, Oct. 4, 1996.) BTG Vice President Chris Girolamo said the award announced today reflects the continuing expansion of BTG's services business. "TVA now joins the list of BTG technical services clients such as the Department of Education, Federal Aviation Administration Federal Aviation Administration (FAA), component of the U.S. Department of Transportation that sets standards for the air-worthiness of all civilian aircraft, inspects and licenses them, and regulates civilian and military air traffic through its air traffic control , National Institutes of Health, and the World Bank. We have a long and successful relationship with TVA and look forward to supporting it in this new program," Girolamo said. The work will be performed by BTG and its teaming partner, Zycron Corporation, at BTG's office in Chattanooga, Tennessee “Chattanooga” redirects here. For other uses, see Chattanooga (disambiguation). Chattanooga is the fourth-largest city in Tennessee (after Memphis, Nashville, and Knoxville), and the seat of Hamilton CountyGR6 . This office was formerly part of Concept Automation Inc. of America (CAI (1) (Computer-Assisted Instruction) Same as CBT. (2) See CA. CAI - Computer-Aided Instruction ), which was acquired by BTG in October 1995. The company won an Outstanding Supplier Award in 1995, the third consecutive year it has been honored by the TVA for consistently outstanding performance. BTG provides information technology services and products to government and commercial clients. The company specializes in systems engineering, integration and network systems, Internet/intranet access and services, custom computer manufacturing, and the reselling of computer hardware, software and systems. The company has over 1000 employees working in 11 states, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , and in Europe. Additional information on BTG is available on the Internet at http://www.btg.com/, by e-mail at info@btg.com, or by calling 703/556-6518. Investors contact: John Graham, 703/761-6675, or by e-mail: investor@btg.com. Editors contact: Theda Parrish, 703/761-6581 (office), 703/573-8135 (home), or by e-mail: tparrish@btg.com. -0- A registration statement relating to BTG's securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such State. CONTACT: BTG, Inc. Theda Parrish, 703/761-6581 tparrish@btg.com |
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