MAXIMUS Wins $5.78 Million 'US' Family Responsibility Office Contract with the Province of Ontario.RESTON, Va. -- 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. ), through its wholly-owned Canadian subsidiary THEMIS, has been selected by the Ministry of Community 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 , Family Responsibility Office in the Province of Ontario, Canada, to provide a new integrated case See I-CASE. management solution for their maintenance enforcement program to enforce child and spousal support spousal support n. payment for support of an ex-spouse (or a spouse while a divorce is pending) ordered by the court. More commonly called alimony, spousal support is the term used in California and a few other states as part of new non-confrontational language (such payments, which have been ordered through the courts. This four-year contract is valued at $7.25 million (Canadian)/$5.78 million (US). The case management solution's maintenance and support component may be extended up to an additional two years. Ontario has the largest single maintenance enforcement program in Canada, with more than 180,000 cases. The new application to be customized from British Columbia's Family Maintenance Enforcement Program (FMEP FMEP Foundation for Middle East Peace FMEP Family Maintenance Enforcement Program (BC, Canada) FMEP Florida Manufacturing Extension Partnership FMEP Foreign Material Exploitation Program ) application, will greatly improve productivity and customer service thereby resulting in significant cost savings for Ontario. With the addition of this contract, more than half of FMEP cases in Canada will be managed using software created by THEMIS. MAXIMUS, through its British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography subsidiaries, also has significant projects in British Columbia: the FMEP Project and the Health Benefits Operations Project. In January 2004, British Columbia extended THEMIS's contract to provide FMEP services through March 2008, which includes enrollment, monitoring and enforcement of filed orders, account management, case management, and client communications. THEMIS has been providing these FMEP services in British Columbia since June 1988. Additionally, in November 2004, British Columbia finalized a $268 million contract with the Company to provide health benefit operations administrative services. The Company launched full operation of this program in April 2005. Lynn Davenport, 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. of MAXIMUS, commented, "This new contract reinforces our expansion in Canada and complements our current projects in British Columbia. We are excited to work in partnership with the Province of Ontario on this important initiative." MAXIMUS is one of America's leading government services companies providing consulting, systems, and outsourcing services. The Company has approximately 5,100 employees located in more than 280 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, England, and Australia. In 1999, 2001, 2002, 2003, and 2004, 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 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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