Sierra Systems Awarded USD $4.3 Million Contract to Overhaul Texas Student Loan System.AUSTIN, Texas -- Sierra SystemsGroup Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :SSG SSG abbr. staff sergeant ) and the Texas Higher Education Coordinating Board The Texas Higher Education Coordinating Board is an agency of the Texas state government that oversees all public post-secondary education in Texas. From 1998 to 2003, it developed a new higher-education plan for the state, called "Closing the Gaps by 2015". ("THECB THECB Texas Higher Education Coordinating Board ") have signed a USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $4.3 Million contract to develop and implement the new Texas Loan Program System ("LPS LPS - Sets with restricted universal quantifiers. ["Logic Programming with Sets", G. Kuper, J Computer Sys Sci 41:44-64 (1990)]. "). Project work will commence on the LPS migration project in June 2005 and is scheduled to continue until July 2006. Created in 1965, THECB is responsible for administering the state's student financial aid programs as well as providing and supporting a broad portfolio of loan products to enhance Texas' institutions in their efforts to attract students. The LPS migration project will enable THECB to more effectively and efficiently process loans while allowing borrowers and institutions of higher education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. the ability to transact and access loan or grant information anytime, from anywhere, by using this Web-based application. "Our main goal for the LPS migration project is to satisfy THECB's business needs," says Rob Cohan, Sierra Systems' Austin Branch Manager. "By leveraging Web technologies, this system will help THECB improve its market positioning, operational efficiencies and customer service, and will ultimately allow THECB to be a more competitive player in the Student Loan market." A THECB spokesperson reported that, "Sierra Systems was deemed by THECB to represent the best value based on the results of an extensive evaluation and selection process." About Sierra Systems Since 1966, Sierra Systems Group Inc. (TSX:SSG) has been improving the operational performance of our clients by delivering superior information technology and business consulting services. Through our extensive experience in Business Consulting, Solutions Delivery, and Managed Services, Sierra Systems has emerged as a trusted advisor to many leading private and public sector organizations across North America. With offices in Austin, Calgary, Dallas, Edmonton, Fredericton, Halifax, Hartford, Los Angeles, Olympia, Ottawa, Seattle, Toronto, Vancouver, Victoria, and Winnipeg, our consultants are never far from our clients. In Justice, Health, Government, and various other industries, Sierra Systems continues to win exciting engagements in the face of stiff competition. Visit us at www.SierraSystems.com. Sierra Systems Group Inc. (TSX:SSG) |
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