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PEC Solutions to Support Department of Education Office of Migrant Education Programs; Contract Valued at up to $6 Million.

FAIRFAX, Va. -- PEC Solutions, Inc. (NASDAQ NM:PECS) a professional technology services firm specializing in high-end e-Government solutions, today announced that the Department of Education (ED), Office of Migrant Education (OME), has awarded the company an Indefinite Delivery, Indefinite Quantity (IDIQ) contract with a potential value of $6 million over four years. PEC will provide information technology acquisition and program management support to the OME for the Migrant Student Information Exchange (MSIE) project. PEC was the sole recipient of the contract.

The MSIE project will facilitate the exchange of information regarding migrant students between states, school systems, and ED for the purpose of sharing student records and determining the number of migratory children in each state. The system helps ED meet legislative mandates to ensure that all migrant students meet challenging state academic standards and graduate from high school with an education that prepares the student for responsible leadership, further learning, and productive employment.

PEC initially will provide support in a variety of program areas including user requirements definition, assessing the feasibility of technology used to link distributed databases, and supporting activities related to acquiring software and implementation activities to accomplish the MSIE system. PEC will optionally assist in other areas as the project proceeds by providing subject matter expertise to advise ED, providing analysis, performing independent validation and verification, performing quality assurance, and conducting performance monitoring.

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, 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 specific risks, please refer to PEC's recent SEC filings, including the company's 10-K filing on March 15, 2004.
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Publication:Business Wire
Geographic Code:1USA
Date:Oct 12, 2004
Words:510
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