Attached files
| file | filename |
|---|---|
| 8-K - Paradigm Holdings, Inc | v187133_8k.htm |
| EX-10.7 - Paradigm Holdings, Inc | v187133_ex10-7.htm |
| EX-10.3 - Paradigm Holdings, Inc | v187133_ex10-3.htm |
| EX-10.5 - Paradigm Holdings, Inc | v187133_ex10-5.htm |
| EX-10.1 - Paradigm Holdings, Inc | v187133_ex10-1.htm |
| EX-10.4 - Paradigm Holdings, Inc | v187133_ex10-4.htm |
| EX-10.2 - Paradigm Holdings, Inc | v187133_ex10-2.htm |
| EX-10.6 - Paradigm Holdings, Inc | v187133_ex10-6.htm |
| EX-10.9 - Paradigm Holdings, Inc | v187133_ex10-9.htm |
| EX-10.8 - Paradigm Holdings, Inc | v187133_ex10-8.htm |
| EX-10.10 - Paradigm Holdings, Inc | v187133_ex10-10.htm |
Contact:
Richard
Sawchak
Paradigm
Solutions Corporation
Tel:
(240) 283-3404
For
Immediate Release
Paradigm
Solutions Awarded $11 Million Prime Contract for DISA
Uninterruptible
Power Supply (UPS) Systems and Electrical Upgrades
Rockville, Maryland – June 2, 2010 –
Paradigm Holdings, Inc. (OTCBB: PDHO) (“Paradigm” or the “Company”), a
provider of comprehensive information technology and cyber security solutions
for Federal Government enterprises, announced today that it has been awarded a
prime contract to provide Uninterruptible Power Supply (“UPS”) Systems and
electrical upgrades by the Defense Information Systems Agency
(“DISA”). In support of DISA’s future mission requirements, Paradigm
will be responsible for the upgrade and replacement of the existing electrical
distribution for the Defense Enterprise Computing Center (“DECC”) in St. Louis,
MO.
As the
prime contractor, Paradigm will analyze the existing infrastructure in order to
design and implement a new system in accordance with DISA facility
standards. The primary function of the UPS system is to provide
electrical power to critical data center loads during utility outages. The value
of the contract is approximately $11 million over a one-year period of
performance, while additional options could increase the value of the contract
by over $1 million, if exercised by the customer.
George
Pearsall, Paradigm Vice President of Mission Critical Infrastructure, stated,
“This win underscores Paradigm’s capabilities to implement complete solutions
for mission critical infrastructure.”
Anthony
Verna, Paradigm Senior Vice President, also commented, “This contract is a
tremendous win and contributes to the expansion of Paradigm’s strategy to
provide mission critical infrastructure solutions to a broader base of National
Security customers.”
Peter B.
LaMontagne, Paradigm President and CEO, commented, "This contract establishes
Paradigm’s position as a significant prime contractor for mission
continuity. We are very pleased to be able to support DISA on an
effort of this scale.”
For
additional information, please visit the Company’s website at
www.paradigmsolutions.com.
Paradigm
Holdings, Inc., (www.paradigmsolutions.com) is a provider of information
technology (IT) and business solutions for U.S. Federal Government enterprises.
Paradigm specializes in comprehensive information assurance solutions involving
cyber security and forensics as well as continuity of operations and disaster
recovery planning. The Company also provides systems engineering and
IT infrastructure support solutions. Headquartered in Rockville,
Maryland, the Company currently employs approximately 200 people.
Safe
Harbor Statement
This
press release may contain forward-looking information within the meaning of
Section 27A of the Securities Act of 1933, as amended (the “Securities Act”),
and Section 21E of the Securities Exchange Act of 1934, as amended, and is
subject to the safe harbor created by those sections. Paradigm assumes no
obligation to update the information contained in this press release. Future
results for Paradigm may be affected by 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, timely passage of components of the federal budget, timely
obligations of funding by the federal and state governments, its dependence on
procuring, pricing and performing short-term government contracts, its
dependence on hiring and retaining qualified professionals, potential
fluctuations in its quarterly operating results, including seasonal impacts, its
dependence on certain key employees and its ability to timely and effectively
integrate the businesses it may acquire. For further information about
forward-looking statements and other Paradigm specific risks and uncertainties
please refer to recent SEC filings for Paradigm, which are available at www.sec.gov.
####