CHANTILLY, Va., May 5 /PRNewswire/ -- TechTeam Government Solutions, Inc., a wholly-owned subsidiary of TechTeam Global, Inc. , a provider of information technology (IT) services to government and Fortune 1000 customers, announced today the formation of Vector Research Center for Enterprise Performance.
TechTeam transformed NewVectors LLC, acquired in June 2007, into Vector Research Center, a think-tank division established to provide best practices across all government sector verticals. Vector Research Center offers advanced consulting, supply chain engineering, acquisition and program management support, modeling, simulation and optimization decision aids, agent-based complex adaptive systems, and organizational change management services.
"Vector Research Center delivers value to our government customers by helping agencies achieve enterprise agility, and accelerate mission and business performance, while still carefully managing risk," said David Kriegman, president of TechTeam Government Solutions.
"Developing a sophisticated research practice through the Vector Research Center provides our government clients with superior thought leadership and technology integration," continued Kriegman. "Throughout every project, we are able to focus on unique areas of support and service, with careful consideration for the complex challenges of the public sector."
About TechTeam Government Solutions, Inc.
TechTeam Government Solutions, Inc., a subsidiary of TechTeam Global, Inc., is based in Chantilly, Virginia. The company collaborates with Federal, State, and local governments to provide comprehensive IT lifecycle support in the areas of infrastructure, information assurance, managed services, and application services. For information about TechTeam Government Solutions, Inc., please call 800-275-1177 or visit http://www.techteamgovt.com/.
About TechTeam Global, Inc.
TechTeam Global, Inc. is a leading provider of IT outsourcing and business process outsourcing services to large and medium businesses, as well as government organizations. The company's primary services include service desk, technical support, desk-side support, security administration, infrastructure management and related professional services. TechTeam also provides a number of specialized, value-added services in specific vertical markets. Founded in 1979, TechTeam has nearly 3,000 employees across the world, providing IT support in 32 languages. TechTeam's common stock is traded on the NASDAQ Global Market under the symbol "TEAM." For more information, call 800-522-4451 or visit http://www.techteam.com/.
Safe Harbor Statement
The statements contained in this press release that are not purely historical, including statements regarding the Company's expectations, hopes, beliefs, intentions, or strategies regarding the future, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements regarding, among other things, the Company's performance going forward. Forward-looking statements may be identified by words including, but not limited to, "anticipates," "believes," "intends," "estimates," "promises," "expects," "should," "conditioned upon," and similar expressions. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Such factors include, but are not limited to, delays in the implementation of the business; changes in the customer's business or requirements thereof; difficulties in obtaining the customer's knowledge, procedures, or authorizations; and difficulties in providing the service solutions for the customer. All forward-looking statements included in this press release are based on information available to the Company on the date hereof, and the Company assumes no obligation to update any such forward-looking statements. Prospective investors should also review the Company's Reports on Forms 8-K, 10-Q, and 10-K filed with the United States Securities and Exchange Commission, including Management's Discussion and Analysis of Financial Condition and Results of Operations, and the risks described therein from time to time.
Contacts: TechTeam Government Boscobel Marketing Boscobel Marketing Solutions, Inc. Communications Communications Damon Scott Jessica Klenk Michael Rudd (703) 956-8160 (301) 588-2900 Ext. 121 (301) 588-2900 Ext. 115 damon.scott@techteam.com jklenk@boscobel.com mrudd@boscobel.com
TechTeam Government Solutions, Inc.
CONTACT: Damon Scott, TechTeam Government Solutions, Inc.,
+1-703-956-8160, damon.scott@techteam.com; Jessica Klenk, +1-301-588-2900 Ext.
121, jklenk@boscobel.com, or Michael Rudd, +1-301-588-2900 Ext. 115,
mrudd@boscobel.com, both of Boscobel Marketing Communications
Web Site: http://www.techteamgovt.com/
