Teamstaff Inc. (TSTF)

[fredugsi]

BIG CONTRACT ANNOUNCEMENT!!!!

TeamStaff Awarded Navy SeaPort-e Prime Contract

Somerset, New Jersey - July 5, 2011 -- TeamStaff, Inc. (Nasdaq: TSTF), a leading logistics and healthcare services provider to the Federal Government, announced today that its subsidiary, TeamStaff Government Solutions, has received an Indefinite-Delivery/Indefinite Quantity (ID/IQ) prime contract award from the Naval Surface Warfare Center, Dahlgren Division. This contract will allow TeamStaff to compete for prime Task Orders issued under SeaPort-e's Multiple Award Contract vehicle.

"This is a significant achievement for TeamStaff GS and allows us access to bid on approximately $5.3 billion dollars of services being procured per year via task orders issued under the SeaPort-e program" said Zach Parker, CEO and president of TeamStaff, Inc. This strategic win is a top priority ID/IQ for Navy work in our Logistics and Technical Services line of business."

The award includes a three-year base period and a five-year award term that will be contingent on periodic performance reviews. Under the program, task orders are assigned to one of seven regional zones of performance, and the subset of companies with valid contracts for that particular zone can compete for individual task orders within the relevant zones.