GTSI Earns Record Honors in 2002; Company Gains Recognition of Partners, Peers and Press.
Business Editors/High-Tech Writers
CHANTILLY, Va.--(BUSINESS WIRE)--Feb. 4, 2003
GTSI GTSI Government Technology Services, Incorporated
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GTSI Government Technology Services Inc. (R) Corp. (Nasdaq:GTSI) entered 2003 with a record number of honors for its performance and achievements in the government information technology sector last year.
"GTSI's advances in serving our government have earned it a top place in our industry," said GTSI Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Dendy Young. "The recognition we gained in 2002 stands as a tribute to the efforts of our technology and sales teams and to the high-quality products and services of our industry partners."
Leading Press Rankings
GTSI's 2002 accomplishments were led by record financial performance, which pushed the company to No. 3 in BusinessWeek's "Info Tech 100" ranking of the world's top information technology companies - one of the most-watched lists in the U.S. business press.
GTSI's performance also earned it slots in the top rankings of a number of leading trade and general press publications. Government Executive news daily listed GTSI 14th among top information technology contractors. GTSI also ranked 16th among the Washington Technology "Top 100 Federal Prime Contractors" and won a slot in The Washington Post list of "Top 200 Public Companies."
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CRN Cornish (SIL code, UK) Magazine, the news weekly for builders of technology solutions, recognized Dendy Young as one of the "Most Influential Executives" among Value Added Resellers (VARs) for 2002.
GTSI also received honors from top industry groups in 2002. VARVision(R), a Gartner, Inc. (NYSE NYSE
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ITB Intrathecal Baclofen Therapy ) company, bestowed its prestigious "Best of VARVision" award on the company for GTSI's contributions to the VAR channel. Also, the Industry Advisory Council recognized GTSI as its "2002 Corporate Contributor of the Year" for sustained contribution and leadership to the organization.
Regionally, the Northern Virginia Workforce Investment Board Workforce Investment Boards (or "WIBs") are regional entities created to implement the Workforce Investment Act of 1998 in the United States, the Federated States of Micronesia, the Republic of Palau and the Republic of the Marshall Islands. named GTSI "Outstanding Business Advocate for Northern Virginia Workforce Development" for its efforts to retain and develop staff through enhanced training.
GTSI's sales successes last year earned the company top honors from its partners, including Sun Microsystems (Nasdaq:SUNW SUNW Sun Microsystems, Inc (former stock symbol; now JAVA)
SUNW Stanford University Network Workstation (Sun Microsystems, Inc) ) and Cisco Systems (Nasdaq:CSCO CSCO Cisco Systems Incorporated (stock symbol)
CSCO Chief Supply Chain Officer ). Sun named GTSI its "Top Federal Partner" for Fiscal Year 2002, and Cisco designated GTSI as 2001 "Federal Partner of the Year."
"2002 represents a significant step in our efforts to solidify GTSI's reputation as the premier provider of IT solutions to government," Young said. "Through ongoing work of our employees and partners, we look forward to setting even higher standards of excellence in 2003."
About GTSI Corp.
GTSI Corp. is an information technology (IT) solutions leader, focusing exclusively on Federal, State, and Local government customers worldwide. For nearly two decades, GTSI has served those customers by teaming with global IT leaders like HP, Panasonic, Microsoft, Sun Microsystems, Cisco, and EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. .
Offering a broad range of products and services, an extensive contract portfolio, and ISO (1) See ISO speed.
(2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9000-registered logistics, GTSI uses its unique Technology Teams to deliver "best of breed" solutions that help government customers do their job more effectively.
The Technology Teams include technical experts who support a wide range of integrated IT solutions in such areas as high performance computing, advanced networking, mobile and wireless, web portals, high availability storage and information assurance. GTSI continues to broaden its leadership in electronic commerce and procurement through its government focused website located at GTSI.com.
GTSI is headquartered in Northern Virginia, outside of Washington, D.C. Further information about the Company is available at GTSI.com/about.
Except for historical information, all of the statements, expectations, beliefs and assumptions contained in the foregoing are "forward-looking statements" (within the meaning of 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) that involve a number of risks and uncertainties. It is possible that the assumptions made by management -- including, but not limited to, those relating to revenue, margins, operating results and net income, and the effect of new contracts as well as new vendor relationships -- may not materialize. Actual results may differ materially from those projected or implied in any forward-looking statements. In addition to the above factors, other important factors that could cause actual results to differ materially are those listed in the Company's most recent report on Form 10-K Form 10-K
A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.
See 10-K. and included from time to time in other documents filed by the Company with the Securities and Exchange Commission.
GTSI and GTSI.com are registered trademarks of GTSI Corp. in the U.S. and other Countries. All trade names are the property of their respective owners.