PEC Solutions Expands Support to CPS Human Resource Services in Providing Biometric Information Systems and Services to TSA; Option Year Valued at $9.9 Million.
E[acute accent]About CPS Human Resource Services
E[acute accent]CPS is an independent, self-supporting government agency that provides recruitment, examination, testing, assessment, staffing, and HR services to public agencies. Focused on delivering its mission to improve public sector human resource management, CPS understands government and how to support effective government systems and processes. CPS has more than 1,900 federal, state and local government clients across the U.S. and Canada.
E[acute accent]About PEC Solutions, Inc.
E[acute accent]PEC, founded in 1985, 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 homeland security, criminal justice and intelligence, defense, and civilian agencies within the federal government and at state and local levels. PEC is based in Fairfax County, Virginia, with offices around the United States. Visit the company on the Web at www.pec.com.
E[acute accent]For more information, contact Martha Hill, PEC's Director of Investor Relations, at 703-679-4900.
E[acute accent]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 assumes no obligation to update the information contained in this press release. PEC's future results may be affected by its ability to continue to implement its government technology solutions, its dependence on the federal government and state and local governments and other federal government contractors as its major customers, timely passage of components of the federal budget, timely obligations of funding by the federal and state governments, 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, including seasonal impacts, its dependence on certain key employees and its ability to timely and effectively integrate the businesses it may acquire. For further information about forward-looking statements and other specific risks and uncertainties, please refer to PEC's recent SEC filings, including the company's Annual Report on Form 10-K filed with the SEC on March 15, 2004, which are available on the company's website (www.pec.com).