TTN Titan Corp

Titan Awarded New $405.9 Million U.S. Army IT Contract Award Provides Information Technology Support Services to the U.S. Army Headquarters' Information Management Support Center SAN DIEGO, June 27 /PRNewswire-FirstCall/ -- The Titan Corporation (NYSE:TTN) announced today that it was awarded the Department of the Army Information Management Support Center (IMCEN) Desktop Support Services contract. Under this multiple-awarded indefinite-delivery, indefinite- quantity (ID/IQ) contract having a potential value with options, if exercised, of $405.9 million over approximately seven years, Titan will compete against other awardees to provide Information Technology (IT) services to over 10,000 military, civilian employees and contractors working within the Pentagon and the more than 90 agencies that comprise the Headquarters Department of the Army (HQDA). "Throughout our 17 year relationship with IMCEN, Titan has continuously provided outstanding IT services in a variety of capacities," said Gene Ray, Titan's chairman, president and CEO. "We are pleased with the new opportunities that this latest contract award offers and excited to continue to be an integral part of IMCEN's important mission of supporting the Army's senior leadership and the agencies that serve our Armed Forces worldwide." As part of this performance and tasked-based contract, Titan will provide enterprise-wide desktop services, including service desk services, installation services, system analysis and architecture, messaging services, system administration, server and web server management, configuration management, video teleconferencing services, technical logistics support and information assurance. Titan will also support the HQDA's Desktop Realignment Initiative, which is focused on streamlining and enhancing IT support services through the incorporation of Service Level based performance measures, commercial best practices, timely upgrades in technology and standardization. This initiative will also expand service coverage to an additional 5,000 customers. To further advance the exceptional reputation IMCEN currently has for providing IT services, Titan brought together large and small companies experienced in working together, each with unparalleled reputations for achieving customer satisfaction while collectively providing complementary strengths to ensure continuity, flexibility, innovation, and long-term performance enhancements. The Titan team includes AlphaInsight, CYIOS, Netcentrics, Lockheed Martin Information Technology, NCI, CACI, Hewlett Packard, Remedy, TEKSystems, PSS, TSM, and Norbeck. Headquartered in San Diego, The Titan Corporation is a leading provider of comprehensive information and communications systems solutions and services to the Department of Defense, intelligence agencies, and other federal government customers. As a provider of national security solutions, the company has approximately 12,000 employees and annualized sales of approximately $2.2 billion. "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release, which are not historical facts, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Examples of such forward-looking statements include statements by Gene Ray, that the government will fund the contract, that it will exercise the option periods, and Titan and its team members will successfully compete for and provide the performance-based services described having a potential ceiling value of $405.9 million. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the risks associated with the Company's dependence on continued funding of U.S. Department of Defense and federal civilian agency programs, contract termination risks, risks associated with acquiring other companies, including integration risks, and other risks described in the Company's Securities and Exchange Commission filings. Media Contact: Wil Williams, Vice President for Corporate Communications, (858) 552-9724 or Investor Relations Contact: The Berlin Group, Inc. (858) 552-9896 or If you would like to receive press releases via electronic mail, please contact: For more information on The Titan Corporation, please visit our website at: http://www.titan.com/ or visit Titan's investor page at: http://www.titan.com/investor DATASOURCE: Titan Corporation CONTACT: Media: Wil Williams, Vice President for Corporate Communications, +1-858-552-9724, , or Investor: The Berlin Group, Inc. +1-858-552-9896, Web site: http://www.titan.com/

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