CMstat Corp. celebrates 10th anniversary in configuration management industry; enjoys 400% annual growth rate to become fastest-growing software company in the CM/PDM industry.

SAN DIEGO--(BUSINESS WIRE)--July 8, 1996--CMstat Corp., a leading provider of change management and configuration management systems, has marked its 10th anniversary by revealing that it has grown 400% over the past year.

In 1986, CMstat pioneered the automated configuration management and change management industry, starting with important contracts with large government contractors and major electronics manufacturers.

"It's been an exhilarating decade," said Paul R. Gain, founder and president of CMstat. "When we started in business, few organizations throughout the world recognized the benefits of a completely integrated automated configuration and product data management system. Today, virtually every major design, manufacturing and service-oriented company has either implemented some level of CM/PDM system or is planning to install one soon."

CMstat has implemented more commercial off-the-shelf (COTS) configuration management systems in the aerospace and defense industries than any other software developer. The company is rapidly growing its customer base in automotive, biotechnology, medical device, pharmaceutical, energy, commercial electronics, computer systems, telecommunications and other market segments.

"We believe that CMstat is the fastest-growing software company in our industry", said Chuck Haczewski, CMstat's vice president of operations. "Over the past 12 months CMstat has grown 400%, adding dozens of new employees in engineering, project management, customer implementation support, sales and marketing."

"We have launched two major new software development efforts and have formed important strategic relationships with the most important companies in our business. We have also won contracts with a number of significant new customers that will be formally announced as they go into production over the next few months," he added.

CMstat is the developer of a comprehensive suite of software applications which manage all forms of product data and asset information. CMstat's configuration management (CM) software helps companies effectively manage change and complex data relationships.

The company's product suite also provides integrated off-the-shelf solutions for product data management (PDM), engineering data management (EDM), document management, product information management (PIM), technical data management (TDM), technical information management (TIM) and image management.

In addition, the company offers comprehensive consulting services in configuration management, change management and product data management to support a broad range of activities. These include requirements definition, business process reengineering, implementation planning, legacy systems data migration, applications interfacing and integration, and ongoing systems training.

According to industry analysts at the Gartner Group, D.H. Brown and Associates, and the Institute of Configuration Management, CMstat Corp. is one of the world's most successful providers of configuration management and change management systems, providing the most advanced and most complete off-the-shelf solutions.

CMstat's corporate headquarters are located in San Diego's Sorrento Valley technology district. The company also has offices in Atlanta; Montreal, Quebec; and Alexandria, Va. CMstat Corp. is a subsidiary of VSE Corporation (Nasdaq:VSEC), an Alexandria-based engineering and management services company with more than 1,200 employees.

More information about CMstat is available at http://www.cmstat.com on the World Wide Web, via e-mail at [e-mail], or by telephone at 619/552-6660. Candidates interested in CMstat career opportunities are invited to submit a resume to [e-mail].

CMstat is registered trademark of CMstat Corp.

CONTACT: CMstat Corp., San Diego

Kurt Barnhart, 619/552-6660

[e-mail]