TechTeam Government Solutions Awarded $6.5 Million, Five-Year Contract to Provide Information Technology Architecture Services f
November 13 2006 - 1:53PM
PR Newswire (US)
TechTeam Government Solutions to deliver information assurance,
video teleconferencing solutions, and desktop support to the U.S.
Army's research laboratory CHANTILLY, Va., Nov. 13
/PRNewswire-FirstCall/ -- Sytel, Inc., a wholly- owned subsidiary
of TechTeam Government Solutions, Inc. and a provider of
information technology (IT) services to federal, state, and local
markets, announced today that it has been chosen by the Army
Research Laboratory (ARL) to continue to deliver information
technology architecture services. TechTeam Government
Solutions/Sytel will provide information assurance, network
management, video teleconferencing, wireless technology, and
desktop support services. The estimated contract value, if all
option years are exercised, is $6.5 million over five years. "We
are pleased to have been selected by the Army Research Laboratory
to provide network and IT support services," stated Dennis J.
Kelly, Jr., President, TechTeam Government Solutions. "We look
forward to teaming with ARL and supporting their mission of
providing the U.S. Army with innovative science, technology, and
analysis services." Army Research Laboratory is the Army's
corporate basic and applied research laboratory. Their mission is
to provide innovative science, technology, and analysis to enable
full-spectrum operations. ARL consists of the Army Research Office
(ARO) and six Directorates -- Weapons and Materials, Sensors and
Electron Devices, Human Research and Engineering, Computational and
Information Sciences, Vehicle Technology, and Survivability and
Lethality Analysis. The Army relies on this ARL Team for scientific
discoveries, technologic advances, and analyses to provide
warfighters with capabilities to succeed on the battlefield.
TechTeam Government Solutions, Inc., a wholly-owned subsidiary of
TechTeam Global, Inc., is based in Chantilly, Virginia, and is a
leading IT solutions company that provides IT infrastructure
support, information assurance, managed services, and applications
services support to federal, state, and local governments. For
information on TechTeam Government Solutions, Inc., please call
(800) 275-1177. TechTeam Global, Inc. is a worldwide provider of
information technology and business process outsourcing services to
Fortune 1000 corporations, multinational companies, product
providers, small and mid-sized companies, and government entities.
TechTeam's ability to integrate computer services into a flexible,
ITIL-based solution is a key element of its strategy. Partnerships
with some of the world's "best-in-class" corporations provide
TechTeam with unique expertise and experience in providing
information technology support solutions, including IT outsourcing
services, government technology services, IT consulting and systems
integration, technical staffing, and learning services. For
information about TechTeam Global, Inc. and its services, call
1-800-522-4451 or visit http://www.techteam.com/ . TechTeam's
common stock is traded on the Nasdaq Global Market under the symbol
"TEAM." Headquartered in Southfield, Michigan, TechTeam also has
locations in Dearborn, Michigan; Davenport, Iowa; Chantilly,
Virginia; Portsmouth, Rhode Island; Bethesda, Maryland; Brussels
and Gent, Belgium; Uxbridge, United Kingdom; Cologne, Germany;
Gothenburg, Sweden; and Bucharest, Romania. Safe Harbor Statement
The statements contained in this press release that are not purely
historical, including statements regarding the Company's
expectations, hopes, beliefs, intentions, or strategies regarding
the future, are forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements may be identified by words including,
but not limited to, "anticipates," "believes," "intends,"
"estimates," "promises," "expects," "should," "conditioned upon,"
and similar expressions. Prospective investors are cautioned that
any such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, and that actual
results may differ materially from those projected in the forward-
looking statements as a result of various factors. Such factors
include, but are not limited to, delays in the implementation of
the business, changes in customer's business or the requirements,
the failure of the federal government to provide budgetary
authorization for the contract, a decision by ARL not to exercise
one or more of the option years under the contract, or difficulties
in providing the service solutions for the customer. All
forward-looking statements included in this press release are based
on information available to the Company on the date hereof, and the
Company assumes no obligation to update any such forward-looking
statements. Prospective investors should also review the Company's
Reports on Forms 8-K, 10-Q, and 10-K filed with the United States
Securities and Exchange Commission, including Management's
Discussion and Analysis of Financial Condition and Results of
Operations, and the risks described therein from time to time, but
especially the risk factors relating to conducting business with
the federal government. DATASOURCE: TechTeam Global, Inc. CONTACT:
Laura C. Szczybor, Marketing Manager of TechTeam Government
Solutions, Inc., +1-703-956-8198, ; Jessica Klenk, +1-301-588-2900
Ext. 121, , or Michael Rudd, +1-301-588-2900 Ext. 115, , both of
Boscobel Marketing Communications Web site:
http://www.techteam.com/
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