Faircloth Information Technology Systems, Inc. Awarded 8(a) Status & Expands Service Offering
22 July 2005
Faircloth Information Technology Systems, Inc. (FIT Systems) is awarded 8(a) status by the Small Business Association (SBA). The 8(a) program was devised to help small disadvantaged businesses compete in the U.S. economy and provides special access to billions of dollars of federal procurement opportunities.
Since its inception in 1999, FIT Systems has been offering professional information technology services to the federal government and has been a strategic partner to top tier prime defense and federal government contractors. "Our 8(a) status will open new channels for our business development group and allow us to compete as a prime contractor for the many upcoming procurement initiatives within the Department of Defense, federal and state government agencies," said Alton Faircloth, Chairman & Chief Executive Officer. Federal IT outsourcing is expected to be one of the fastest growing federal IT market segments over the next five years according to a report released by INPUT, the quantifiable leader in government market intelligence. Faircloth continued, "FIT Systems is primed for exponential growth over the next five years and we will be adding staff through capacity planning and merger and acquisition integration." According to the SBA, small businesses provide approximately 75% of the net new jobs to the economy and account for 39.1% of jobs in high technology sectors.
"Our core business is software engineering however, we are looking to expand our service offering by working with our strategic partners to enhance a proprietary application server and development suite that will allow rapid secure programming and will Internet enable existing legacy systems code," said Jim Stefan, FIT Systems Chief Operating Officer. Stefan continued, "This tool will allow our federal and commercial clients to lower infrastructure costs, protect intellectual property through enhanced security and it will enable applications to run at least ten times faster than on existing platforms such as Java, Cold Fusion and Microsoft's .NET."
About FIT Systems
Faircloth Information Technology Systems, Inc (FIT Systems) is a 100 percent service-disabled, veteran-owned and recently awarded 8(a) business that helps organizations master complex IT challenges by streamlining and connecting business processes, systems and information. Our team of seasoned consultants and developers has proven expertise with software engineering, testing, custom application development and quality assurance. FIT Systems corporate office is located in Tampa, Florida with client sites in St. Petersburg, Florida and Chicago, Illinois.
Business Contact: Jim Stefan Tel. 813.341.3026
Source: PR Web
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