November 6, 2008
Stanley to Continue Support of U.S. Army Fire Systems Software Development
ARLINGTON, Va., Nov. 6 /PRNewswire-FirstCall/ -- Stanley, Inc. , a leading provider of systems integration and professional services to the U.S. federal government, today announced that it is part of a team that was awarded a two-year, time and materials contract worth $29.5 million to continue to support the Fire Support Software Engineering Division of the U.S. Army Software Engineering Center, Command and Control Software Directorate. The value of this award was included in Stanley's discussion of bookings to date in the third quarter of fiscal year 2009 during the company's second quarter earnings conference call held on October 30, 2008.
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"Our support to the Fire Support Software Engineering Division spans nearly three decades, and we look forward to continuing our support of critical Fire Support Battle Command Systems," said Phil Nolan, chairman, president and CEO of Stanley.
Stanley will provide software engineering support to the Army's CECOM Life Cycle Management Command within the Software Engineering Center, which is responsible for providing software engineering services for assigned mission-critical defense systems.
Stanley is a provider of information technology services and solutions to U.S. defense and federal civilian government agencies. Stanley offers its customers systems integration solutions and expertise to support their mission-essential needs at any stage of program, product development or business lifecycle through five service areas: systems engineering, enterprise integration, operational logistics, business process outsourcing, and advanced engineering and technology. Headquartered in Arlington, Va., the company has more than 4,700 employees at over 100 locations in the U.S. and worldwide. In 2008 and 2007, Stanley was recognized by FORTUNE(R) magazine as one of the "100 Best Companies to Work For." Please visit http://www.stanleyassociates.com/ for more information.
Any statements in this press release about our future expectations, plans and prospects, including statements containing the words "estimates,""anticipates,""plans,""expects" 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 discussed in our Annual Report on Form 10-K for the fiscal year ended March 31, 2008, our Quarterly Report on Form 10-Q for the fiscal quarters ended June 27, 2008, and September 26, 2008, as filed with the Securities and Exchange Commission (SEC), and additional filings we make with the SEC. In addition, the forward-looking statements included in this press release represent our views as of the date of this release. We assume no obligation to update publicly or revise any forward-looking statements made herein or any other forward-looking statements made by us, whether as a result of new information, future events or otherwise.
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CONTACT: Joelle Pozza of Stanley, Inc., +1-703-310-3218,[email protected]
Web site: http://www.stanleyassociates.com/