FAIRFAX, Va., Dec. 20, 2012 /PRNewswire/ -- Innolog Holdings
Corp. (OTCBB: INHC) today announced that its wholly owned
subsidiary, Innovative Logistics Techniques, Inc. (INNOLOG)
received a subcontract award from PD Systems, Inc. to support the
U.S. Department of Army. The contract is up to two years and will
be based out of Chambersburg, PA
at the Letterkenny Army Depot.
As part of the contract, INNOLOG will be supporting PD Systems
Inc. INNOLOG will provide support for labor, management,
logistical and technical support services to augment the LEAD
civilian and military workforce in recap and reset operations on
military armored vehicles and military power generators.
Specifically INNOLOG will focus in the areas of Heavy Equipment
Mechanic and Electronics Technician Maintenance.
Richard Stewart, President of
INNOLOG commented, "This is the first step in a long term strategic
working relationship with PD Systems, Inc. We are looking
forward to supporting them on this contract and to continue working
on new and exciting opportunities over the course of the next
year."
About Us
Innolog Holdings Corporation was formed in March 2009 as a holding company for the purpose
of acquiring businesses that provide services primarily to federal
government entities. Our primary subsidiary, Innovative
Logistics Techniques, Inc. (www.innolog.com), was founded in 1989
to help the Department of Defense address complex logistics
business problems. The company is a federal government contractor
that brings world-class solutions and leading edge process oriented
thinking to the U.S. military, civilian agencies and state and
local governments to provide solutions to complex logistics
problems.
Additional information is available at
www.innologholdings.com.
Statements in this press release that are not statements of
historical or current fact, such as the expectation of future
revenue growth and profitability, constitute "forward-looking
statements". Such forward-looking statements involve known and
unknown risks, uncertainties and other unknown factors that could
cause Innolog's actual results to be materially different from the
historical results or from any future results expressed or implied
by such forward-looking statements. Factors that could cause
Innolog's results to be materially different from the
forward-looking statements include whether Innolog will be able to
find financing when and as it needs it and whether Innolog's
revenues will eventually exceed its expenses. The forward-looking
statements contained herein are also subject generally to other
risks and uncertainties that are described from time to time in
Innolog's reports filed with the Securities and Exchange
Commission, which are available for review at
http://www.sec.gov/.
Contact:
Investor Relations
Andrew Barwicki
516-662-9461 / andrew@barwicki.com
SOURCE Innolog Holdings Corp.