WFI Government Services Awarded $2 Million Subcontract for Space and Naval Warfare Systems Center Support
22 May 2006
WFI (Nasdaq: WFII), a global leader in the design, deployment, and management of wireless communication networks, information technology networks, and security systems, announced today that it was selected as a member of the Integrits-led team that was recently awarded a contract to provide engineering and IT support for the Space and Naval Warfare Systems Center (SPAWARSYSCEN) San Diego. The $22 million, multiple award contract includes a one-year base period with four one-year options. WFI's subcontract portion is estimated to have a value of approximately $2 million for the five years.
As a subcontractor, WFI will provide a range of services for test and evaluation, independent verification and validation, configuration management, quality assurance, systems support activity support services, and web support. In particular, the Company will focus on process improvement and test bed support by utilizing the Command's Best Practices in installing, maintaining, upgrading, testing and evaluating the C4I equipment and related simulation/stimulation systems in the Command and Intelligence division's laboratories.
"Once again, this is an important win for WFI's Government Services Division. To have been awarded this subcontract further illustrates WFI's growing reputation as a technical services leader in the government arena," said Eric DeMarco, President and CEO of WFI. "We take pride in being awarded this important subcontract, especially with the award being here with SPAWAR in San Diego. With the increase in national defense requirements providing quality processes and best practices in C4ISR systems has grown even more vital."
"This contract will continue to expand WGS's work in the important area of C4I equipment installation, operations, and maintenance, and strengthen our partnership with the Space and Naval Warfare Systems Center San Diego," said Robin Mickle, President of WFI Government Services, Inc.
Integrits, Integrated Information Technology Solutions, is a San Diego-based IT services firm with both commercial and defense clients. The Space and Naval Warfare (SPAWAR) Systems Center San Diego (SSC San Diego) is the U.S. Navy's research, development, test and evaluation, engineering and fleet support center for command, control and communication systems and ocean surveillance.
WFI Government Services, is a wholly-owned subsidiary of WFI, with offices and project locations throughout the United States. Areas of expertise include technical resources consulting, logistics and RFID solutions, homeland security and public safety applications, and communications technology services.
About WFI
Headquartered in San Diego, CA, WFI is an independent provider of systems engineering, IT and network services, and technical outsourcing for the world's largest wireless carriers, enterprise customers, and for government agencies. The company provides the design, deployment, integration, and the overall management of wired and wireless networks which deliver voice and data communication, and which support advanced security systems. WFI has performed work in over 100 countries since its founding in 1994. News and information are available at http://www.wfinet.com. (code: WFI-mb)
Notice Regarding Forward-Looking Statements
This news release contains certain forward-looking statements including, without limitation, expressed or implied statements concerning the Company's expectations regarding anticipated operating results for 2006, future financial performance and cash flows and market developments that involve risks and uncertainties. Such statements are only predictions, and the Company's actual results may differ materially. Factors that may cause the Company's results to differ include, but are not limited to: changes in the scope or timing of the Company's projects; changes or cutbacks in spending by the U.S. Department of Defense, which could cause delays or cancellations of key government contracts; slowdowns in telecommunications infrastructure spending in the United States and globally, which could delay network deployment and reduce demand for the Company's services; the timing, rescheduling or cancellation of significant customer contracts and agreements, or consolidation by or the loss of key customers; failure to successfully consummate acquisitions or integrate acquired operations; the rate of adoption of telecom outsourcing by network carriers and equipment suppliers; the rate of growth of adoption of WLAN and wireless security systems by enterprises; and competition in the marketplace which could reduce revenues and profit margins. The Company undertakes no obligation to update any forward-looking statements. These and other risk factors are more fully discussed in the Company's Quarterly Report on Form 10-Q for the period ended March 31, 2006 and in other filings made with the Securities and Exchange Commission.
Contact:
Michael Baehr
VP of Corporate Communications &
Investor Relations
Wireless Facilities, Inc.
858.228.2799 Direct
michael.baehr@wfinet.com
Source: prnewswire
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