Business Services Industry
NCI Awarded $21.1 Million Five-Year Task Order to Provide IT Services for the Madigan Army Medical Center & Western Regional Medical Command
Business Wire, Oct 4, 2006
RESTON, Va. -- NCI, Inc. (NASDAQ:NCIT), a leading provider of information technology services and solutions to U.S. federal government agencies, announced today that its wholly-owned subsidiary, NCI Information Systems, Inc., won a task order from the Madigan Army Medical Center & Western Regional Medical Command located in Ft. Lewis, Washington. Under this task order, NCI will provide information technology services to support healthcare information management, technology and systems. The award, made under the Information Technology Enterprise Solutions (ITES) contract, has a potential value of $21.1 million, if all options are exercised over the five-year period of performance.
"We are exceptionally pleased to have won this task order given it represents both new work and a new customer for NCI. We take great pride in our focus to continually identify new services and solutions to address our customers' challenging information technology needs," said Charles K. Narang, Chairman and CEO.
About NCI, Inc.:
NCI, Inc., a Delaware holding company, through its subsidiary NCI Information Systems, Inc., is a leading provider of information technology services and solutions to U.S. federal government agencies. As an ISO 9001 certified company, NCI's award-winning expertise encompasses areas critical to its customers' mission objectives including enterprise systems management, information assurance, network engineering and systems development and integration. Headquartered in Reston, Virginia, NCI has approximately 1,400 employees and 50 locations worldwide. For more information, visit our Web site at www.nciinc.com, or e-mail mcrystal@nciinc.com.
Forward-Looking Statement: Statements and assumptions made in this press release, which do not address historical facts, constitute "forward-looking" statements that NCI, Inc. believes to be within the definition in the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties, many of which are outside of our control. Such forward-looking statements are subject to factors that could cause actual results to differ materially from those anticipated results. These factors include but are not limited to: the failure of the Government to allot funds to NCI to complete performance of the task order; the risk of task order performance; government contract procurement (such as bid protest) and termination risks; competitive factors such as pricing pressures and/or competition to hire and retain employees; and material changes in laws or regulations applicable to the company's businesses. For a discussion of these and other risks and uncertainties, please refer to the section titled "Risk Factors" in NCI, Inc.'s Form 10-K filed with the Securities and Exchange Commission on March 30, 2006. The forward-looking statements included in this news release are only made as of the date of this news release and NCI, Inc. undertakes no obligation to publicly update any of the forward-looking statements made herein, whether as a result of new information, subsequent events or circumstances, changes in expectations or otherwise.
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