ATSC Wins Prime Position on GSA Alliant Contract
MCLEAN, VA – (BUSINESSWIRE) – April 1, 2009, ATS Corporation (“ATSC” or the “Company”) (OTCBB: ATCT), a leading information technology company delivering innovative technology solutions to government and commercial organizations, today announced the award of a prime position on the General Services Administration’s (GSA) Alliant Government Wide Acquisition Contract. Alliant is an indefinite delivery/indefinite quantity (IDIQ) contract with a ceiling value of $50 billion over a five-year base period with one five-year option period. This contract provides federal agencies a centralized and streamlined vehicle to acquire a broad range of complex IT solutions. The scope of the Alliant contract includes any and all components of an integrated IT solution, including all current and any new technologies which may emerge during the life cycle of the contract.
“According to the GSA, the award of Alliant is an important step in ensuring that agencies can rapidly deploy the funds they receive through the American Recovery and Reinvestment Act for information technology and this contract represents one of the most comprehensive and flexible contracts for IT solutions in the government,” said ATSC Chairman and Chief Executive Officer Dr. Edward Bersoff. “We’re pleased that GSA selected us for an Alliant contract and we look forward to offering it as an attractive vehicle to our current and new customers,” Bersoff 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 600 employees at 12 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 16, 2009. In addition, the forward-looking statements included in this press release represent our views as of April 1, 2009. 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 1, 2009.
Additional information about ATSC may be found at www.atsc.com.
Company Contact:
Joann O’Connell
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ATS Corporation
(571) 766-2400
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Penny Parker
Corporate Communications Manager
ATS Corporation
(571) 766-2400