MSSI Wins Physician Services Contract.VIENNA, Va. -- Medical Staffing Solutions, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :MSSI MSSI Master of Science of Strategic Intelligence MSSI Management Systems Services, Inc. ), an established provider of medical personnel and technology services to government and commercial clients, was awarded a new contract for Physician services at General Leonard Wood Army Community Hospital (GLWACH GLWACH General Leonard Wood Army Community Hospital ) in Fort Leonard Wood Fort Leonard Wood, U.S. army post, 71,000 acres (28,700 hectares), S central Mo.; est. 1940. It is one of the largest basic-training centers in the United States and also provides training for army engineers. , Missouri through its wholly-owned subsidiary, TeleScience International, Inc. (TII TII The International Investor (web site) TII Transmitter Identification Information TII Tourism Intelligence International TII Total Inactive (Aircraft) Inventory TII Terminal Indicate Identity ). This new contract award for MSSI requires the company to provide the services of multiple Family Practice Physicians on a full time basis, plus some overtime and rotational on-call work. The contract performance period is for five years, and is valued over $1.7 million. The contract is a personal services contract; therefore the cost of malpractice insurance is covered by the government. Dr. Sahay, President 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. of MSSI said, "This contract award adds a new client to our base and one more state on the map for us. Of the spectrum of medical professionals TII provides, Physicians are the highest billable and most prominent category. We are excited to have won this multi-physician contract at Fort Leonard Wood for one base year plus four option years. This will certainly assist us in our efforts towards achieving profitability for MSSI." About MSSI-TeleScience In operation since 1992, MSSI-TeleScience International, Inc. is a provider of long-term medical personnel and technology services to federal, state and local government agencies and to the private sector. The Company's Medical Services Division has operations in ten (10) states servicing hospital and medical facilities with a complete range of medical staff, including doctors, nurses and technicians. The Company holds multiple long-term contracts, including those with the U.S. Army, the U.S. Department of Health and Human Services Noun 1. Department of Health and Human Services - the United States federal department that administers all federal programs dealing with health and welfare; created in 1979 Health and Human Services, HHS and the state of California. The Company's Technology Division provides systems integration and information technology services to the federal government, as well as emergency equipment, decontamination decontamination /de·con·tam·i·na·tion/ (de?kon-tam-i-na´shun) the freeing of a person or object of some contaminating substance, e.g., war gas, radioactive material, etc. de·con·tam·i·na·tion n. products, vehicles and supplies to state and local governments. For more information, visit the company's website at www.telescience.com. Legal Notice Regarding Forward-Looking Statements: "forward-looking statements" as defined in 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 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. MSSI-TeleScience disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to, risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand, market acceptance of our services and changes in our business strategies. |
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