DynTek, Inc. DYTK, a leading provider of professional technology services, announced today that the company has been awarded an $800,000 contract for VERITAS products and professional services by a state agency in the Northeast Region. The contract encompasses procurement and deployment of the VERITAS i3 software suite, which provides IT managers with a comprehensive set of end-to- end performance and service management tools that will allow them to proactively monitor, analyze, and fine-tune their applications and maintain performance and availability levels for their organizations. "We have seen an increasing demand for application performance management solutions, especially within the government sector," said Ron Ben-Yishay, DynTek's regional vice president. "VERITAS is the hands-down front-runner in this category, and we are committed to driving additional growth in this area." About DynTek DynTek is a leading provider of professional technology services to mid- market customers, such as state and local governments, educational institutions and commercial entities, in the largest IT markets nationwide. The company offers technology practices in IT security, advanced network infrastructure, voice over internet protocol ("VOIP"), and access infrastructure. DynTek's multi-disciplinary approach allows our clients to turn to a single source for their most critical technology requirements. For more information, visit www.dyntek.com. Forward-Looking Statements This press release contains certain 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, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that certain statements in this release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve known and unknown risks, uncertainties and other factors. Such uncertainties and risks include, among others, success in reaching target markets for services and products in a highly competitive market and the ability to maintain existing and attract future customers; the ability to finance and sustain operations, including the ability to comply with the terms of working capital facilities and/or other term indebtedness of the Company, and to extend such obligations when they become due, or to replace them with alternative financing; the ability to raise equity capital in the future; the ability to achieve profitability despite historical losses from operations; the ability to maintain business relationships with IT product vendors and the ability to procure products as necessary; the size and timing of additional significant orders and their fulfillment; the continuing desire of and available budgets for state and local governments to outsource to private contractors; the ability to successfully identify and integrate acquisitions; the retention of skilled professional staff and certain key executives; the performance of the Company's government and commercial technology services; the continuation of general economic and business conditions that are conducive to outsourcing of IT services; the ability to maintain trading on the NASD OTC Bulletin Board or other markets in the future; and such other risks and uncertainties included in our Annual Report on Form 10-K filed on September 29, 2005, our Quarterly Reports on Form 10-Q filed on November 14, 2005 and February 21, 2006, and other SEC filings. The Company has no obligation to publicly release the results of any revisions, which may be made to any forward-looking statements to reflect anticipated or unanticipated events or circumstances occurring after the date of such statements. SOURCE DynTek, Inc.
Contact Information: Linda Ford of DynTek, Inc., +1-949-271-6705, linda.ford@dyntek.com
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