ATS Corporation Announces New Contract Award Totaling $22.7M for U.S. Architect of the Capitol
MCLEAN, Va., Feb. 22, 2011 /PRNewswire/ -- ATS Corporation ("ATSC" or the "Company") (NYSE Amex: ATSC), a leading information technology company that delivers innovative technology solutions to government and commercial organizations, today announced that it has been awarded a contract to provide comprehensive information technology services to the U.S. Architect of the Capitol ("AOC") with a value of $22.7 million over five years. The Architect of the Capitol is an organization charged by Congress with operation of the U.S. Capitol Complex, including the Capitol building and the Capitol Visitors Center with over 2 million visitors annually.
"ATSC is pleased to have been entrusted by the Architect of the Capitol to provide crucial information technology services for our nation's U.S. Capitol Complex," said ATSC Co-Chief Executive Officer, John Hassoun. "By focusing on the success of the AOC mission for the past five years, ATSC has consistently provided valued services in this highly visible and demanding environment. We are delighted to partner with Evolver, Inc. in continuing our legacy of providing quality support to AOC."
About ATS Corporation
ATSC is a leading provider of mission-driven software and systems development, systems integration, infrastructure management and consulting services to the Department of Defense, Federal civilian agencies, public safety and national security customers, as well as commercial enterprises. ATSC technology professionals are recognized for their deep domain expertise in case management; border and port security; and financial, supply chain management and health information systems. Headquartered in McLean, Virginia, the Company has over 500 employees at 5 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 February 17, 2011. In addition, the forward-looking statements included in this press release represent our views as of February 22, 2011. 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 February 22, 2011.
Additional information about ATSC may be found at www.atsc.com.
About Evolver, Inc.
Evolver is an information technology firm with international experience delivering engineering and operational solutions to customers in the Federal and commercial markets. Evolver is a certified ISO 9001:2008 organization focused on developing sustainable quality and value for our clients over time. With its core service offerings of enterprise solutions, infrastructure engineering, information management, and litigation support services, Evolver promotes a planned and structured approach to achieve desired business results while optimizing cost, schedule, and risk parameters. Evolver's broad base of experience includes helping customers transform their business processes, organizations, infrastructure, and data to improve service and results.
Additional information about Evolver, Inc. may be found at www.evolverinc.com.
SOURCE ATS Corporation
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