Business Services Industry

Paradigm Solutions Recognized as a Washington Technology Top 100 Government Contractor

Business Wire, Feb 24, 2006

ROCKVILLE, Md. -- Paradigm Holdings, Inc. (OTCBB:PDHO) -- Paradigm Solutions has been named to Washington Technology magazine's 2005 Top 100 Federal Contractors list. Paradigm Holdings, Inc. is the parent company of Paradigm Solutions Corporation and Paradigm Solutions International.

According to Washington Technology magazine, the Top 100 is more than a mere ranking -- it's the definitive list of major players in the federal IT market.

Paradigm Solutions broke into the list at number 89 with $94.7 million in prime federal contracts -- a testament to the outstanding customer service that has been a hallmark of Paradigm Solutions information technology services growth in the government sector.

According to Mr. Frank Jakovac, President and COO, "Paradigm's strategy is to effectively compete as a full participant in mainstream federal business by broadening the scope of its capabilities and developing key partnerships." Never satisfied with just average performance, Paradigm has received many awards for its outstanding customer service to federal agencies, including being named as one of the Top 100 Contractors.

Mr. Jakovac continued, "Paradigm Solutions continues to expand its information technology services offerings by investing in solutions that will benefit its customers. An example of this strategy is the development of the OpsPlanner(TM) Business Continuity/COOP Planning, Emergency Management and Notification software. Paradigm undertook this development to complement its specialization in Business Continuity, Infrastructure Support and Software Engineering for government and commercial enterprises."

About Paradigm Holdings, Inc.

Paradigm Holdings, Inc., parent company of Paradigm Solutions Corporation and Paradigm Solutions International provides information technology and business continuity solutions to government and commercial enterprises. Our solutions include OpsPlanner(TM) Business Continuity/COOP Planning, Emergency Management, and Notification software. Paradigm was incorporated in 1996, and generated revenues of more than $60 million in 2004. Headquartered in Rockville, Maryland, the company has nearly 300 employees working in 12 offices throughout the U.S. More information about Paradigm Holdings, Inc. can be found at www.ParadigmSolutions.com.

Safe Harbor Statement

This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. Paradigm Holdings, Inc. assumes no obligation to update the information contained in this press release. Future results for Paradigm Holdings, Inc. may be affected by several factors including, but not limited to, its ability to continue to implement its government technology solutions, its dependence on the federal government and state and local governments and other federal government contractors as its major customers and its ability to timely and effectively integrate the businesses it may acquire. For further information about forward-looking statements and other Paradigm Holdings, Inc. specific risks and uncertainties please refer to recent SEC filings for Paradigm Holdings, Inc., which are available from the Edgar Web site at www.edgar.org.

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COPYRIGHT 2008 Gale, Cengage Learning
 

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