PEC Solutions Wins Second Judiciary Support Contract; Multiple-Award Program Valued up to Potential $93 Million.FAIRFAX, Va. -- PEC Solutions, Inc. (NASDAQ NASDAQin 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 Administrative Office of the United States Courts The Administrative Office of the United States Courts is the administrative headquarters of the federal court system. It was created by congressional act on August 7, 1939 (28 U.S.C.A. § 601), and since November 6, 1939, it has tended to the nonjudicial business of the U.S. courts. (AOUSC AOUSC Administrative Office of the United States Courts ) has awarded the company the Judiciary Multiple Awards Schedule for Information Technology Technical Support (JMAS- ITTS See CD Text. ) for the Federal Judiciary. The period of performance for JMAS-ITTS is one year with four option years. JMAS-ITTS has a potential value of approximately $93M, if all options are exercised. This is the second of two JMAS JMAS Junta Municipal de Aguas y Saneamiento JMAS Joint Mission Application Software JMAS joint manpower automation system (US DoD) JMAS Joint Mission Application Systems contracts awarded to PEC in the past few months. The previous contract, the Judiciary Multiple Awards Schedule for Project Management Planning and Acquisition Support (JMAS- PMPAS) was awarded in late May. Work under the JMAS-ITTS award will include software design, development and integration, independent testing, quality assurance, operations and maintenance, and local area network (LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. ) and computer support. This contract will enable PEC to continue support of programs such as the Judiciary's flagship Case Management and Electronic Case Filing systems (CM/ECF CM/ECF Case Management/Electronic Case Files ). Services under this contract will be provided at the AOUSC's office in Washington, D.C.; San Antonio, Texas “San Antonio” redirects here. For other uses, see San Antonio (disambiguation). San Antonio is the second most populous city in Texas, the third most populous metropolitan area in Texas, and is the seventh most populous city in the United States. As of the 2006 U.S. ; Phoenix, Arizona; and potentially at court units throughout the United States and its territories. PEC is teamed with blueprintQA, an Arizona-based independent verification and validation (testing) Independent Verification and Validation - (IV&V) The verification and validation of a software product by an organisation that is both technically and managerially separate from the organisation responsible for developing the product. (IV&V) company, and Vertex, Inc, a Virginia-based training company. Both companies are well known to the Judiciary. Roy Carter, General Manager of PEC's Criminal Justice practice stated, "We are gratified to have been selected to continue our 11-year record of service to the Judiciary. We look forward to providing support to the many new program areas envisioned by the Judiciary under both of these contracts." About PEC Solutions, Inc. 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 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 Martha Hill, PEC Director of Investor Relations, 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 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). |
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