ADSX - Applied Digital Solutions'Government Telecommunications Unit Wins $15 Million U.S. Postal Service Contract7/9/03
PALM BEACH, Fla., Jul 9, 2003 (BUSINESS WIRE) --
Applied Digital Solutions, Inc. (Nasdaq: ADSX), an advanced technology development company, today announced that its wholly owned subsidiary, Government Telecommunications, Inc. (GTI), has been awarded a contract valued at approximately $15 million from the United States Postal Service (USPS) to upgrade telecommunications networks at up to 62 Postal Service facilities.
Under the award, GTI will conduct site surveys, and design, install and test network cabling at up to 62 mail processing plants and 12 co-located administrative facilities within the United States. Included are state-of-the-art high speed copper cabling, fiber optic backbones, and ties to the existing telecommunications network. Despite unique features and requirements at each local site, the contract requires careful planning and adherence to USPS building design standards to assure consistency and uniformity of products and configurations at all facilities. GTI's work on this project is scheduled to be completed by May 2004.
This is the third telecommunications award announced by GTI this year. In March, GTI was awarded an unrelated multi-year contract by the General Services Administration's Federal Technology Service (FTS) as part of the agency's CONNECTIONS program. In May, GTI announced a multi-year award from the US Department of Agriculture.
About Government Telecommunications (GTI)
GTI, a subsidiary of Computer Equity, Inc. (Compec), is headquartered in Chantilly, Virginia. With an annual revenue base that exceeds $30 million, GTI specializes in designing, deploying and maintaining voice, data and video telecommunications networks for agencies of the federal government. Key customers include the Departments of Defense, Justice and Agriculture, and the Social Security Administration.
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