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Tuesday, August 04, 2009 8:12:56 AM
EVRM: The Evermedia Group Supports System Technology Solutions Entering First Option Year of Baghdad Detainee Property Warehouse and Inventory Technicians Contract Aug 4, 2009 8:00:00 AM
NEW YORK, NY -- (MARKET WIRE) -- 08/04/09 -- The Evermedia Group (PINKSHEETS: EVRM) is pleased to announce that System Technology Solutions, Inc. (STS) is situated to accept its first option year award under an existing contract with Department of the Army, Joint Contracting Command Iraq (JCCIA).
In total, The Detainee Property Warehouse and Inventory Technicians Contract will furnish $2,609,0420.93 in services. The contract consists of one base year carrying $871,238.36 and two option years.
Currently, 7 STS employees are involved, finishing performance under the base year award and preparing to extend services once JCCIA delivers the first option year. Given the exclusive contract, the first option year automatically assigns to STS should Department of the Army maintain its planned functions. If issued, the first option year award will soon surface.
The Detainee Property Warehouse (DPW) is located at Camp Cropper, Remembrance II, Baghdad where it stores the personal property of approximately 60,000 detainees. Comprised of a supervisor and 6 technicians, STS personnel are responsible for all content accountability, storage, and inventory. Under the contract, STS personnel must also determine the status of the detainees before attending to their property.
Jonathan Sym, CEO of the Evermedia Group, mentioned, "Between Dick's [Richard Weitzel] persistent success in securing opportunities and STS' talented personnel, STS deserves its reputation and strong position in government contracting space. By STS maintaining contracts like the DPW, we can stay visible and ready as more prospects develop."
STS CEO, Richard Weitzel commented on the upcoming option saying, "Depending on whether the Army and JCCIA will initiate the first option year, the contract will continue through September 9, 2010. The contract has supplied good work and revenue benefitting us and our team. We are hopeful DPW will roll into the first option year."
About System Technology Solutions
Based in San Antonio, TX, STS is a defense contractor providing engineering, logistics, IT and security services to government and large commercial enterprises. STS also provides technical design, program management and security services globally.
Safe Harbor Statement
Certain Statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performances or achievements express or implied by such forward-looking statements. The forward-looking statements are subject to risks and uncertainties including, without limitation, changes in levels of competition, possible loss of customers, and the company's ability to attract and retain key personnel.
Contact for additional information:
Evermedia Biometrics Corporation
Email: info@evermediabiometrics.com
Visit: http://www.evermediagroup.com
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