MCLEAN, Va., Sept. 27 /PRNewswire/ -- ATS Corporation ("ATSC" or the "Company") (NYSE Amex: ATSC), a leading information technology company that delivers innovative technology solutions to government and commercial organizations, today announced that it has been awarded a new contract totaling $13.3 million over a five-year term with the National Cancer Institute ("NCI"). Under this contract, ATSC will continue to provide software development services for the NCI Center for Biomedical Informatics and Information Technology ("CBIIT") in support of its grants management systems.
"ATSC has provided software development services for nearly a decade in support of National Cancer Institute's administrative systems and grants process which funds significant cancer research initiatives," said ATSC Chairman and Chief Executive Officer Dr. Edward H. Bersoff. "We are pleased to have been selected by NCI to continue performing these software development services. This contract is especially significant because it represents our company's first major award under the Alliant government-wide acquisition vehicle, and positions us well for future increased activity under this vehicle."
About ATS Corporation
ATSC is a leading provider of software and systems development, systems integration, infrastructure management and outsourcing, information sharing, training and consulting to the Department of Defense, Federal civilian agencies, public safety and national security customers, as well as commercial enterprises. Headquartered in McLean, Virginia, the Company has more than 600 employees at 10 locations across the country.
Any statements in this press release about future expectations, plans, and prospects for ATSC, including statements about the estimated value of the contract and work to be performed, and other statements containing the words "estimates," "believes," "anticipates," "plans," "expects," "will," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: our dependence on our contracts with federal government agencies for the majority of our revenue, our dependence on our GSA schedule contracts and our position as a prime contractor on government-wide acquisition contracts to grow our business, and other factors discussed in our latest annual report on Form 10-K filed with the Securities and Exchange Commission on March 24, 2010. In addition, the forward-looking statements included in this press release represent our views as of September 27, 2010. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to September 27, 2010.
Additional information about ATSC may be found at www.atsc.com.
SOURCE ATS Corporation