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TechTeam Government Solutions, Inc. to Subcontract to Dimensions International, Inc. on DoD's FIRST Contract
CHANTILLY, Va., Feb. 22 /PRNewswire-FirstCall/ -- TechTeam Government Solutions, Inc., a provider of information technology (IT) services to federal, state and local markets and a wholly-owned subsidiary of TechTeam Global, Inc. (Nasdaq: TEAM), announced today that it is a member of the Dimensions International, Inc. Team selected as one of the prime contractors on the U.S. Army's Field and Installation Readiness Support Team (FIRST) contract. With a program ceiling of $9 billion, FIRST is an indefinite delivery/indefinite quantity contract designed to provide logistics support to the U.S. Army.
TechTeam Government Solutions will provide information technology support for Dimensions International's innovative and responsive logistics solutions that meet the evolving mission needs of the warfighter.
"We're proud and honored to support the U.S. Army and Dimensions International to make FIRST a successful contract vehicle that delivers substantial value for the U.S. Army's logistics initiatives," said Dennis Kelly, President of TechTeam Government Solutions, Inc. "Through our best-of- breed IT services and performance-based approach, we'll be able to help the Team support the U.S. Army's mission needs."
The Dimensions International Team also includes AGS/AECOM Government Services, American Engineering and Manufacturing, AMYX, Camber, Capstone, Code Plus, Quantum Dynamics, Red River Army Depot, Stewart and Stevenson Vehicle Services, Inc., Triumph Technologies, U.S. Logistics and Z Systems.
About Dimensions International, Inc.
Dimensions International, Inc. (DI), a high-technology logistics, engineering and integration, products and services company, provides innovative solutions to the U.S. military, federal agencies, commercial and international clients. An ISO-2000 certified company, DI is organized into five divisions. The core business area includes Integrated Logistics Support, Program Management, Information Technology, Systems Engineering and Integration, Testing and Evaluation, and Airspace Products. DI's clients consist of the U.S. Army, Navy, Air Force, U.S. Marine Corps, Coast Guard, and other Department of Defense Agencies, Federal Aviation Administration, US Agency for International Development (USAID), and the District of Columbia Government.About TechTeam Government Solutions, Inc.
TechTeam Government Solutions, Inc., a wholly-owned subsidiary of TechTeam Global, Inc., is based in Chantilly, Virginia and is a leading IT solutions company that provides IT infrastructure support, information assurance, managed services and application services support to federal, state and local governments. For information about TechTeam Government Solutions, Inc., please call 1-800-275-1177 or visit www.techteam.com/governmentsolutions.
About TechTeam Global, Inc.
TechTeam Global, Inc. is a worldwide provider of information technology and business process outsourcing services to Fortune 1000 corporations, multinational companies, product providers, small and mid-sized companies and government entities. TechTeam's ability to integrate computer services into a flexible, ITIL-based solution is a key element of its strategy. Partnerships with some of the world's "best-in-class" corporations provide TechTeam with unique expertise and experience in providing information technology support solutions, including IT outsourcing services, government technology services, IT consulting and systems integration, technical staffing and learning services. For information about TechTeam Global, Inc. and its services, call 1-800-522-4451 or visit www.techteam.com. TechTeam's common stock is traded on the NASDAQ Global Market under the symbol "TEAM."
Headquartered in Southfield, Michigan, TechTeam also has locations in Dearborn, Michigan; Davenport, Iowa; Chantilly, Virginia; Portsmouth, Rhode Island; Bethesda, Maryland; Brussels and Gent, Belgium; Uxbridge, United Kingdom; Cologne, Germany; Gothenburg, Sweden; and Bucharest, Romania.
Safe Harbor Statement
The statements contained in this press release that are not purely historical, including statements regarding the Company's expectations, hopes, beliefs, intentions, or strategies regarding the future, are 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. Forward-looking statements may be identified by words including, but not limited to, "anticipates," "believes," "intends," "estimates," "promises," "expects," "should," "conditioned upon," and similar expressions. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward- looking statements as a result of various factors. Such factors include, but are not limited to, FIRST is an indefinite delivery/indefinite quantity contract vehicle. Contracts for specific business must be won through a competitive process, and, accordingly, being a member of the Dimensions International Team does not guarantee the award of any business to the Company. All forward-looking statements included in this press release are based on information available to the Company on the date hereof, and the Company assumes no obligation to update any such forward-looking statements. Prospective investors should also review the Company's Reports on Forms 8-K, 10-Q, and 10-K filed with the United States Securities and Exchange Commission, including Management's Discussion and Analysis of Financial Condition and Results of Operations, and the risks described therein from time to time, but especially the risk factors relating to conducting business with the federal government.
Contacts
Laura C. Szczybor
Director of Corporate Communications
(703) 956-8198
laura.szczybor@techteam.com
Jessica Klenk
(301) 588-2900 Ext. 121
jklenk@boscobel.com
Michael Rudd
(301) 588-2900 Ext. 115
mrudd@boscobel.com
SOURCE: TechTeam Global, Inc.
www.techteam.com
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