Paradigm Holdings, Inc. Chairman and CEO Raymond A. Huger Named 2005 Top Entrepreneur by USBE & Information Technology Magazine.ROCKVILLE, Md. -- Paradigm Holdings, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :PDHO) - Chairman 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. Mr. Raymond A. Huger has been named one of the Top Entrepreneurs of 2005 by the US Black Engineer & Information Technology magazine for the second year in a row. The award was presented at the 20th Black Engineer of the Year Conference. Paradigm Holdings, Inc. is the parent company of Paradigm Solutions Corporation and Paradigm Solutions International. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the magazine, "The top entrepreneurs who made the list for 2005 were chosen for their impeccable work ethic work ethic n. A set of values based on the moral virtues of hard work and diligence. work ethic Noun a belief in the moral value of work , their enduring spirit of entrepreneurship, and the success of their companies in the vital technology sector." Dr. Tyrone D. Taborn, US Black Engineer & Information Technology magazine's editor-in-chief, commented, "It is important to understand the achievements of these Top Entrepreneurs. Their leadership and achievements impact the Black community and broader society far beyond the immediate scope of their companies, communities, and industries." Mr. Huger commented, "I am honored to have been named one of the top entrepreneurs by USBE USBE US BioEnergy Corporation (stock symbol) & Information Technology magazine. Paradigm Solutions has a major strength within our diverse population of very capable people, and a legacy of strong customer partnerships and IT innovation. This will be very important as we continue our aggressive growth, both in the federal and commercial arenas." About Paradigm Holdings, Inc. Paradigm Holdings, Inc., parent company of Paradigm Solutions Corporation and Paradigm Solutions International provides information technology and business continuity solutions to government and commercial enterprises. Our solutions include OpsPlanner(TM) Business Continuity/COOP Planning, Emergency Management, and Notification software. Paradigm was incorporated in 1996, and generated revenues of more than $60 million in 2004. Headquartered in Rockville, Maryland Rockville is the county seat of Montgomery County, Maryland, United States. According to the 2006 census update, the city had a total population of 59,114, making it the second largest city in Maryland. , the company has nearly 300 employees working in 12 offices throughout the U.S. More information about Paradigm Holdings, Inc. can be found at www.ParadigmSolutions.com. 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. Statement 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. Paradigm Holdings, Inc. assumes no obligation to update the information contained in this press release. Future results for Paradigm Holdings, Inc. may be affected by several factors including, but not limited to, 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 A government contractor is a private company that produces goods or services under contract for the government. Often the terms of the contract specify cost plus – i.e., the contractor gets paid for its costs, plus a specified profit margin. as its major customers and its ability to timely and effectively integrate the businesses it may acquire. For further information about forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. and other Paradigm Holdings, Inc. specific risks and uncertainties please refer to recent SEC filings for Paradigm Holdings, Inc., which are available from the Edgar Web site at www.edgar.org. |
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