PEC Solutions Announces Subcontract Agreement to Support Infrastructure Development at Transportation Security Administration.Business Editors/Hi-Tech Writers FAIRFAX, Va.--(BUSINESS WIRE)--Nov. 4, 2002 PEC Solutions, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :PECS) announced today that the company was selected as a team member and subcontractor to Unisys (NYSE NYSE See: New York Stock Exchange :UIS (graphics, programming) UIS - A VMS graphics programming interface package for VAXstations. ) under the Information Technology Managed Services (ITMS iTMS iTunes Music Store (Apple) ITMS Interim Traffic Management System ITMS Immediate (Check) Truth Maintenance System (AI) ITMS Integrated Transportation Management System ) program to help provide information technology infrastructure development and management services for the Transportation Security Administration (TSA TSA See tax-sheltered annuity (TSA). ). The overall ITMS task order provides for a base of 36 months, plus two, two-year options. The task order was awarded in August to Unisys Corporation, the prime contractor, who leads a team of companies. Unisys and its partners will provide information technology and telecommunications services, including hardware and software services, help desk, network/security operations and business process re-engineering See reengineering. (business) Business Process Re-engineering - (BPR) Any radical change in the way in which an organisation performs its business activities. BPR involves a fundamental re-think of the business processes followed by a redesign of business activities to services for TSA, a new agency created by Congress and President George W. Bush in response to the events of Sept. 11, 2001. It is expected that TSA ultimately will be incorporated into the new federal Department of Homeland Security Noun 1. Department of Homeland Security - the federal department that administers all matters relating to homeland security Homeland Security executive department - a federal department in the executive branch of the government of the United States . The ITMS task order, issued under Unisys Department of Transportation's ITOP ITOP Information Technology Omnibus Procurement ITOP Induced Termination of Pregnancy ITOP International Test Operations Procedure ITOP Intercontinental Transport of Pollution ITOP Integrated Test Operational Panel II contract, provides for the use of innovative mechanisms for accomplishing technology program activities under a managed services model. Under the terms of the subcontracting agreement with Unisys, PEC is available to provide a variety of technology services related to enterprise management system design, implementation and support, law enforcement case management systems integration and support, and support for surge requirements across the full range of TSA requirements. Specific work activities under the ITMS task order will be accomplished using individual work orders. About Unisys Unisys is a worldwide information technology services and solutions company. Our people combine expertise in systems integration, outsourcing, infrastructure, server technology and consulting with precision thinking and relentless execution to help clients, in more than 100 countries, quickly and efficiently achieve competitive advantage. For more information, visit www.unisys.com. About PEC PEC Solutions is a professional services firm that helps government clients harness the power of the Internet and other advanced technologies to improve mission performance. The company specializes in Web-Enabling Government(R) by providing secure, interoperable technology solutions for clients in law enforcement, intelligence, defense, and civilian agencies within the Federal Government and at State and local levels. PEC Solutions is based in Fairfax County, Virginia Fairfax County is a county in Northern Virginia, in the United States. As of 2005, the estimated population of the county is 1,041,200;[1] making it by far the most populous jurisdiction in the Commonwealth of Virginia, and larger than seven states. , with offices around the United States. Visit the company on the Web at www.pec.com. For more information, contact John McNeilly, PEC Solutions Manager of Media and Investor Relations Investor relations The process by which the corporation communicates with its investors. , at 703-679-4900. This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. PEC Solutions assumes no obligation to update the information contained in this press release. PEC Solutions' future results may be affected by its ability to continue to implement its eGovernment solutions, its dependence on the federal government and other federal government contractors as its major customers, its dependence on procuring, pricing and performing short-term government contracts, its dependence on hiring and retaining qualified professionals, potential fluctuations in its quarterly operating results, its dependence on certain key employees and its ability to timely and effectively integrate the businesses it may acquire. |
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