Delta Solutions Wins New Contracts to Support Agency-Wide Financial Management at U.S. Department of Housing and Urban Development

RESTON, Va., May 9, 2011 /PRNewswire/ -- Delta Solutions and Technologies, Inc., a fast-growing provider of federal financial management systems, business analytics, IT services and consulting to the U.S. Government, has been awarded two new five-year contracts with the U.S. Department of Housing and Urban Development (HUD). One contract covers Software Maintenance and Operations Support for HUD's Application Integration and Reporting System (AI-RS) and the other is for HUD Central Accounting and Program Systems for Operation and Maintenance Support (HUDCAPS).

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With these contracts, Delta Solutions will continue to support a group of applications managed by HUD's Office of the CFO: HUD's Financial Data Mart (FDM), Federal Assistance Award Data System (FAADS), Financial Application Integration (FAI, also known as PSCRS) and HUD's Consolidated Financial Statement System (HCFSS) under the AI-RS contract, and HUD's legacy core accounting system through the HUDCAPS contract.  The combined value of the two contracts is $24.6 million if all options are awarded.

"These awards highlight Delta Solutions' strong competencies in federal financial management, business intelligence, and application and database development," said Michael Reingruber, Vice President and General Manager. "In addition, the new contracts reflect Delta Solutions' 10 years of experience serving HUD and our continuing commitment to provide value added services to HUD's CFO Office and to key HUD program offices."

About Delta Solutions

Founded in 1997, Delta Solutions and Technologies, Inc., is a consulting firm based in Reston, VA with offices in Denver, CO.  The company provides comprehensive federal financial management and technology solutions exclusively customized to the U.S. Government. Delta Solutions' highly skilled professionals support multiple federal IT initiatives – from leading federal financial management solutions to integrating complex systems and reengineering business processes. The results speak for themselves: solid industry reputation, long-term and repeat clientele, and consistent growth over the last 14 years. Visit www.deltasolutions.com.

SOURCE Delta Solutions and Technologies, Inc.

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