Defense Energy Support Center Awards IDIQ Contract to TechTeam Government Solutions
19 Janvier 2010 - 3:05PM
PR Newswire (US)
CHANTILLY, Va., Jan. 19 /PRNewswire-FirstCall/ -- TechTeam
Government Solutions, Inc., a wholly-owned subsidiary of TechTeam
Global, Inc. (NASDAQ: TEAM), announced today that its Vector
Research Center division has been awarded an indefinite delivery,
indefinite quantity (IDIQ) contract with the Defense Energy Support
Center (DESC) for management support services, analyses and
studies. The contract vehicle has a potential value of up to $15
million over five years. Through the contract, Vector Research
Center will support DESC with consulting services such as business
case analysis, Lean Six Sigma and process improvement analysis,
organizational alignment studies, operational analysis, acquisition
policy compliance, and requirements determination to support DESC's
mission to deliver comprehensive, effective and efficient energy
solutions to the Department of Defense and other government
agencies. The services will be accessible at any of DESC's business
offices, regional offices or military base-level operations. "The
federal government is characterized by persistent change, and we
know that agencies must continuously adapt to ever-evolving
mandates, policies, priorities, systems, technologies and business
processes, especially in the energy field," said David Kriegman,
president of TechTeam Government Solutions. "Using Vector Research
Center's leading edge research and innovation, as well as our
world-class program management and consulting skills, we look
forward to helping DESC meet its mission: to support the warfighter
and manage the energy sources of the future." About TechTeam
Government Solutions, Inc. TechTeam Government Solutions provides
IT-based services to DoD, Federal Civilian, and state and local
agencies. TechTeam has core competencies in cyber security, network
engineering, ITIL®-based managed services, enterprise architecture,
net-centric operations, and modeling and simulation sciences. For
information about TechTeam Government Solutions, Inc., please call
800-275-1177 or visit http://www.techteamgovt.com/. About TechTeam
Global, Inc. TechTeam Global, Inc. is a leading provider of IT
outsourcing and business process outsourcing services to large and
medium businesses, as well as government organizations. The
company's primary services include service desk, technical support,
desk-side support, security administration, infrastructure
management and related professional services. TechTeam also
provides a number of specialized, value-added services in specific
vertical markets. Founded in 1979, TechTeam has nearly 3,000
employees across the world, providing IT support in 32 languages.
TechTeam's common stock is traded on the NASDAQ Global Market under
the symbol "TEAM." For more information, call 800-522-4451 or visit
http://www.techteam.com/. Safe Harbor Statement This press release
may contain forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. These
statements reflect management's current views with respect to
future events and financial performance. Specifically, this award
is not a guarantee that TechTeam Government Solutions will be able
to secure business under the contract vehicle. Rather, the award
allows TechTeam Government Solutions to bid on requests for
proposals issued by various government agencies over the five-year
life of the program. The Company will have to win the competitive
bid process in order to obtain any portion of the potential program
value noted herein as revenue. Further, if the Company wins an
award, it will then have the risks incumbent in launching and
managing work awarded under this program. Other risks and
uncertainties are discussed in the company's filings with the
Securities and Exchange Commission including its most recent Annual
Report on Form 10-K. DATASOURCE: TechTeam Government Solutions,
Inc. CONTACT: Damon Scott, +1-703-956-8160, , of TechTeam
Government Solutions, Inc.; or Jessica Klenk, +1-301-588-2900 Ext.
121, , or Michael Rudd, +1-301-588-2900 Ext. 115, , both of
Boscobel Marketing Communications Web Site:
http://www.techteamgovt.com/
Copyright