NCI, Inc. (NASDAQ:NCIT), a leading provider of information technology (IT), engineering, and professional services and solutions to U.S. federal government agencies, is pleased to announced that it has been awarded a task order from the Army National Guard (ARNG) and Air National Guard (ANG) worth an estimated $173 million under the ITES-2S contract, if all options are exercised. The award of the competitive task order continues and expands NCI's important role with these important customers. The period of performance covered by this new task order is for a 10 month base period and options that will extend to September 2015.
Under this task order, NCI is responsible for managing all IT and telecommunications equipment and systems operating in the ARNG and ANG National Capital Region environment as well as supporting end-users of this equipment. Services to be provided under this contract include: data communication; voice communication; security management; email, web services, active directory, and other back office support; server and desktop support; video and audio conferencing engineering support; and other information technology services.
"We are very pleased and honored to have been chosen by the ARNG and ANG to provide their information technology support services. Our association with these important customers is extremely important to our company and we look forward to a strong partnership in supporting both the ARNG and ANG to meet their vital missions," stated Charles Narang, NCI Chairman and CEO.
About NCI, Inc.:
NCI is a leading provider of information technology (IT), engineering, and professional services and solutions to U.S. Federal Government agencies. As an ISO 9001:2000-certified company, NCI's award-winning expertise encompasses areas critical to its customers' mission objectives, including enterprise systems management; network engineering; information assurance; systems engineering and integration; program management, acquisition, and lifecycle support; engineering and logistics; medical transformation/health IT; and distance learning and training solutions. The company is a member of the Russell 2000 index. Headquartered in Reston, Virginia, NCI has approximately 2,400 employees and nearly 100 locations worldwide.
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 for the period ended December 31, 2007. 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.
