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ATS Corporation Awarded $6 Million Contract with Defense Security Service
MCLEAN, Va.--([ BUSINESS WIRE ])--ATS Corporation ("ATSC" or the "Company") (OTCBB:ATCT), a leading information technology company that delivers innovative technology solutions to government and commercial organizations, today announced the award of a new $6 million, four-year, prime contract with the Defense Security Service ("DSS"), for the Secure Web Fingerprint Transmission ("SWFT") system. ATSC will develop, deploy and maintain a web-enabled biometric system to transmit electronic fingerprints to DSS and the Office of Personnel Management ("OPM") as part of the security clearance background investigation process.
The SWFT system allows cleared contractors to submit electronic fingerprints and identifying information to DSS for applicants who require an investigation by the OPM for a personnel security clearance. The pilot for the system was conducted in 2008 with implementation and deployment of the system to begin this year through this new contract.
"The SWFT award represents new work and a new customer for ATSC's public safety business and further expands our information sharing-related work at the federal level specifically in biometrics and cybersecurity," said Valerie Perlowitz, ATSC Senior Vice President. "We're pleased to serve a critical role in enhancing the personnel security investigative process with new technology to improve the efficiency of the system," Perlowitz added.
About ATS Corporation
ATSC is a leading provider of software and systems development, systems integration, infrastructure management and outsourcing, information sharing and consulting to the Department of Defense, Federal civilian agencies, public safety and national security customers, as well as commercial enterprises. Headquartered in McLean, Virginia, the Company has more than 600 employees at 12 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 March 17, 2008, as amended on March 21, 2008 and April 4, 2008. In addition, the forward-looking statements included in this press release represent our views as of February 18, 2009. 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 18, 2009.
Additional information about ATSC may be found at [ www.atsc.com ].