Horne Engineering Awarded Additional Tasks Supporting Ground-Based Midcourse Missile Defense Program in Alaska.FALLS CHURCH, Va. -- Spectrum Sciences & Software Holdings Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SPSC SPSC School of Police Staff and Command SPSC Standard Products and Services Codes SPSC Statistical Project Schedule Control SPSC St. Petersburg Shuffleboard Club (Florida, USA) SPSC Service Problem Solving Conference ) announced today that its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Horne Engineering Services, LLC, has been awarded contract modifications that extend its onsite support to the ground-based midcourse mid·course n. 1. The part of a missile flight between the end of the launching phase and reentry, during which corrective maneuvers are made. 2. The middle point of a course or of a course of action. missile defense (GMD (company) GMD - Full name: "GMD - Forschungszentrum Informationstechnik GmbH" (German National Research Center for Information Technology). Before April 1995, GMD stood for "Gesellschaft für Mathematik und Datenverarbeitung" - National Research Center for Computer Science, ) program at Fort Greely, Alaska Fort Greely is a census-designated place (CDP) in Southeast Fairbanks Census Area, Alaska, United States. At the 2000 census the population was 461. Fort Greely is a United States Army launch site for anti-ballistic missiles and home of the Cold Regions Test Center (CRTC), . Horne Engineering has supported the GMD Program since January 2003, and the new work increases the value of this support to $2.3 million. A major component of U.S. efforts to defend the nation against ballistic missile attacks, the $400-million-plus GMD program is focused on developing capabilities for intercepting long-range missiles in the midcourse stage of flight. With the help of several contractors, the Missile Defense Agency and the U.S. Army Corps of Engineers have been constructing key facilities for the GMD system. Horne Engineering has been providing expertise in the areas of contract administration, quality assurance, and project controls to the Army Corps of Engineers, Resident Engineer's Office, at Fort Greely. Horne Engineering is a technology and technical engineering solutions company whose primary service areas are national security, energy and environment, and transportation. About Spectrum Sciences & Software Holdings Corp. Spectrum Sciences & Software Holdings Corp. is a growth-oriented, customer-focused company that provides an integrated suite of manufacturing, technology, and technical engineering services. The company currently has more than 350 employees within its family of subsidiaries, which include Horne Engineering (http://www.horne.com/), Spectrum Sciences & Software, Inc. (http://www.specsci.com), M&M Engineering (http://www.mmeng.net), and Coast Engine and Equipment Company (CEECO CEECO Comité d'Experts de l'est pour les Céréales et les Oléagineux (Canada) ). More information about Spectrum Sciences & Software Holdings Corp. can be found at http://www.spectrumholdingscorp.com. Forward-Looking Statements This news release contains forward-looking statements as defined by 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. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements, which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, risks set forth in documents filed by the company from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by, or on behalf of, the Company, are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof. |
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