PEC Solutions Awarded Three Major Technology Services Contracts from Department of Transportation.Business Editors/Hi-Tech Writers FAIRFAX, Va.--(BUSINESS WIRE)--Sept. 25, 2000 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 NM: PECS) announced today that the company was awarded three information technology service awards under the Department of Transportation's Value Added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. Niche Information Technology Services (VANITS VANITS Value Added Niche Information Technology Service ) contract vehicle. VANITS will provide federal, state and local government clients with access to a wide array of specialized technology services and support over the next seven years. PEC Solutions was awarded contracts in three "niche" areas. The company will provide E-Commerce Services, supporting government efforts to do business electronically with emphasis on supplying Web-enabled solutions. PEC also received an award in the E-Mail/Messaging Services area, which will support the evaluation, planning, development, delivery and integration of e-mail and messaging applications. Finally, PEC was awarded a contract in the Secure Communications Services niche to provide government agencies with secure and reliable e-mail and other computer messaging systems. "Winning three VANITS awards is a tribute to the technological expertise and knowledge of our staff. These high-tech niches, representing rapid growth areas of government's use of technology, complement our strategic mission to leverage the company's 15 years of experience developing technology solutions for clients in the government sector. We are quite proud of this distinction," said PEC Solutions 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. Dr. David C. Karlgaard. About PEC PEC Solutions is a professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. firm that helps clients harness the power of the Internet and other advanced technologies to improve organizational performance Organizational performance comprises the actual output or results of an organization as measured against its intended outputs (or goals and objectives). Specialists in many fields are concerned with organizational performance including strategic planners, operations, . The company specializes in Web-Enabling Government(sm) by planning, designing, building, and managing high-technology solutions that enhance productivity and improve services to the public. PEC Solutions is based in Fairfax, Virginia Fairfax is an independent city forming an enclave within the confines of Fairfax County, in the Commonwealth of Virginia. Although politically independent of the surrounding county, the City of Fairfax is nevertheless its county seatGR6. , with offices around the nation. Visit PEC on the web at www.pec.com. For more information, contact John McNeilly, PEC Solutions' Manager of Corporate Communications 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 Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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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