ATS Corporation Awarded $2.0 million DTSA Contract
MCLEAN, VA – (BUSINESSWIRE) – April 10, 2008, ATS Corporation (“ATSC” or “the Company”) (OTCBB:ATCT), a leading information technology company that delivers innovative technology solutions to government and commercial organizations, today announced the award of a new task order with the Defense Technology Security Administration (“DTSA”) valued up to $1.97 million for information technology infrastructure support services.
DTSA awarded ATSC a 16-month task to provide Tier I, II, and III Help Desk, Network Operations, Desktop Configuration, Email/Messaging, Server Administration, Web, Blackberry, Database, and Information Assurance support for DTSA’s entire user community. ATSC will also be responsible for all related hardware and software purchasing and will help DTSA migrate from their current IT infrastructure environment to a new and highly modernized platform.
“This new award is incremental to our current base of business with DTSA and provides the agency with increased support of their important mission in the Defense technology security business”, said Joe Mignogna, ATSC Senior Vice President for Defense and Homeland Security. “Furthermore, this task order represents another area of work under ATSC’s growing IT infrastructure and outsourcing business.”, Mr. Mignogna added.
About ATS Corporation
ATSC is a leading provider of software and systems development, systems integration, infrastructure management and outsourcing, information sharing and consulting to the Department of Defense, Federal civilian agencies, public safety and national security customers, as well as commercial enterprises. Headquartered in McLean, Virginia, the Company has more than 750 employees at 14 locations across the country.
Any statements in this press release about future expectations, plans, and prospects for ATSC, including statements about the estimated value of the contract and work to be performed, and other statements containing the words “estimates,” “believes,” “anticipates,” “plans,” “expects,” “will,” and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: our dependence on our contracts with federal government agencies for the majority of our revenue, our dependence on our GSA schedule contracts and our position as a prime contractor on government-wide acquisition contracts to grow our business, and other factors discussed in our latest annual report on Form 10-K filed with the Securities and Exchange Commission on March 17, 2008, as amended on March 21, 2008 and April 4, 2008. In addition, the forward-looking statements included in this press release represent our views as of April 10, 2008. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to April 10, 2008.
Company Contact:
Joann O’Connell
Vice President, Investor Relations
ATS Corporation
(703) 506-0088
Media Contact:
Penny Parker
Corporate Communications Manager
ATS Corporation
(703) 506-0088
