MAXIMUS Wins $2.4 Million in Delaware Rebids.Business Editors RESTON, Va.--(BUSINESS WIRE)--Oct. 28, 2003 MAXIMUS (NYSE NYSE See: New York Stock Exchange :MMS (Multimedia Messaging Service) An enhanced transmission service that enables graphics, video clips and sound files to be transmitted via cellphones. Developed as part of the 3GPP project, MMS phones are generally backward compatible with SMS and EMS. ) announces the recent signing of two Workforce Services contracts in Delaware totaling more than $2.4 million. These competitively-awarded contracts were signed with the State of Delaware, Department of Labor for our Employment Connection (EC) Project and with the Department of Health and Social Services social services Noun, pl welfare services provided by local authorities or a state agency for people with particular social needs social services npl → servicios mpl sociales for the Able-Bodied Adults Without Dependents (ABAWD ABAWD Able Bodied Adults Without Dependents ) Project. MAXIMUS originally contracted with Delaware for the EC Project in 1998 and the ABAWD Project in 1999. During this six-year period, the project's customer referral base increased steadily, resulting in expanded programs. For both of these projects, MAXIMUS provides services including intake and assessment, life skills and job readiness workshops, case management, enhanced outreach Outreach is an effort by an organization or group to connect its ideas or practices to the efforts of other organizations, groups, specific audiences or the general public. , job search, job development, job placement, and 30-day and 90-day job retention reviews. MAXIMUS also provides additional services for the EC Project that include offering individual service strategy, organizing job fairs, and enrolling qualified individuals into the Keep-A-Job program. Delaware Governor Ruth Anne Minner positively recognized MAXIMUS exceptional performance at a Five-Year Anniversary event by stating, "During a time when our state is facing a challenge like our budget deficit, it is especially nice to be able to showcase some of the good work going on in our state, like the success of the MAXIMUS program." MAXIMUS 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. , Dr. David V. Mastran, declared, "With these contracts, MAXIMUS continues its commitment to helping the citizens of Delaware achieve self-sufficiency. Over the last six years, we have been honored to have worked to improve the lives of individuals and families in the first state and look forward to our continued partnership." MAXIMUS has more than 16 successful years of experience operating in excess of 50 workforce and TANF TANF Temporary Assistance for Needy Families (previously known as AFDC) programs. During this time, the Company has assisted more than 300,000 participants find meaningful employment and refined and enhanced project operations to deliver services that meet the needs of MAXIMUS customers. MAXIMUS is one of America's leading government services companies devoted to providing program management, consulting and information technology services. The Company has more than 5,500 employees located in more than 300 offices in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada and Australia. In 1999, 2001, 2002, and 2003 MAXIMUS was selected by Forbes Magazine as one of the Best 200 Small Companies in America for that year. MAXIMUS was selected by Business Week Magazine as one of the 100 Best Hot Growth Small Companies in 1999, 2000, 2001, and 2002. Additionally, MAXIMUS is included in the Russell 2000 Index Russell 2000 Index An index measuring the performance of the 2,000 smallest companies in the Russell 3000 Index, which is made up of 3,000 of the biggest U.S. stocks. The Russell 2000 serves as a benchmark for small-cap stocks in the United States. and the S&P SmallCap 600 Index. Statements that are not historical facts, including statements about the Company's confidence and strategies and the Company's expectations about revenues, results of operations, profitability, future contracts, market opportunities, market demand or acceptance of the Company's products are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties. These uncertainties could cause the Company's actual results to differ materially from those indicated by such forward-looking statements and include reliance on government clients; risks associated with government contracting; risks involved in managing government projects; legislative changes and political developments; opposition from government unions; challenges resulting from growth; adverse publicity; and legal, economic, and other risks detailed in Exhibit 99.1 to the Company's most recent Annual Report filed with the Securities and Exchange Commission (file number 001-12997) |
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