Business Services Industry
GTSI Prepared to Assist New Homeland Security Agencies; New Department's Agencies Are All GTSI Customers
Business Wire, Dec 10, 2002
Business Editors/Hi-Tech Writers
CHANTILLY, Va.--(BUSINESS WIRE)--Dec. 10, 2002
GTSI(R) Corp. (Nasdaq:GTSI) has given top priority to assisting the agencies which form the new Department of Homeland Security.
GTSI currently serves all of the new department's 22 component agencies, including critical entities such as the Federal Emergency Management Agency, U.S. Secret Service, Transportation Security Administration, Immigration and Naturalization Service, U.S. Customs and U.S. Coast Guard.
"GTSI stands ready to help our Homeland Security customers complete this historic integration effort," said GTSI Chairman and CEO Dendy Young. "As a trusted provider of IT solutions to the agencies making up the new department, we are in a unique position to help them through this challenging consolidation. GTSI has furnished ruggedized computing solutions to the US Coast Guard and mobile and wireless solutions to Border Patrol and State and Local government First Responders. We can offer these and other solutions to the new department to help it protect our nation from our borders to our streets."
The Department of Homeland Security, which will have a combined 170,000 employees, is expected to have an information technology budget estimated at more than $1.6 billion in Federal fiscal year 2003.
"GTSI regards this effort as more than a business proposition," said Young. "We are committed as Americans to providing every tool available to help our government prevent and respond to attacks on our nation."
About GTSI Corp.
GTSI Corp. is an information technology (IT) solutions leader, focusing exclusively on Federal, State, and Local government customers worldwide. For nearly two decades, GTSI has served those customers by teaming with global IT leaders like Cisco, EMC, Hewlett-Packard, IBM, Microsoft, Panasonic, and Sun Microsystems.
Offering a broad range of products and services, an extensive contract portfolio, and ISO 9000-registered logistics, GTSI uses its unique Technology Teams to deliver "best of breed" solutions that help government customers do their job more effectively.
The Technology Teams include technical experts who support a wide range of integrated IT solutions in such areas as high performance computing, advanced networking, mobile and wireless, web portals, high availability storage and information assurance. GTSI continues to broaden its leadership in electronic commerce and procurement through its government focused website located at GTSI.com.
GTSI is headquartered in Northern Virginia, outside of Washington, D.C. Further information about the Company is available at GTSI.com/about.
Except for historical information, all of the statements, expectations, beliefs and assumptions contained in the foregoing are "forward-looking statements" (within the meaning of the Private Securities Litigation Reform Act of 1995) that involve a number of risks and uncertainties.
It is possible that the assumptions made by management -- including, but not limited to, those relating to revenue, margins, operating results and net income, and the effect of new contracts as well as new vendor relationships -- may not materialize. Actual results may differ materially from those projected or implied in any forward-looking statements.
In addition to the above factors, other important factors that could cause actual results to differ materially are those listed in the Company's most recent report on Form 10-K and included from time to time in other documents filed by the Company with the Securities and Exchange Commission.
GTSI and GTSI.com are registered trademarks of GTSI Corp. in the U.S. and other Countries. All trade names are the property of their respective owners.
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