ADSX - - Press ReleaseSource: Applied Digital Solutions Inc.
Applied Digital Solutions' Government Telecommunications - GTI - Unit Wins Multi-Year Contract from the Federal Government's General Services Administration
Friday March 28, 7:01 am ET
Award to GTI is part of GSA's $35 billion CONNECTIONS program in which 17 suppliers will provide telecommunications services and equipment to federal agencies
PALM BEACH, Fla.--(BUSINESS WIRE)--March 28, 2003-- Applied Digital Solutions, Inc. (Nasdaq:ADSX - News), an advanced technology development company, today announced that its business unit, Government Telecommunications (GTI) - a subsidiary of Computer Equity, Inc. - has been awarded a multi-year contract by the General Services Administration's Federal Technology Service (FTS) as part of the agency's $35 billion CONNECTIONS program.
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The CONNECTIONS program replaces the expiring FTS Wire and Cable Services contract. In 2002, GTI booked $38 million in orders and generated over $31 million in revenue from the Wire and Cable Services contract, which was first awarded in 1997.
In addition to GTI, 16 other suppliers will participate in the CONNECTIONS program to provide telecommunications equipment and services to agencies of the federal government. The contracts are eight-year multiple award, indefinite delivery, indefinite-quantity (IDIQ) contracts with a base period of three years and five successive one-year options.
Tom Cuneo, Vice President for Sales and Marketing, led the GTI CONNECTIONS Capture Team. The GTI Program Manager is Bill Leonard, Vice President for Strategic Programs.
"This contract award is tremendous news, for our customers, for GTI and for Applied Digital Solutions," said Frank E. Lalley, President and CEO of GTI. "It enables continuity of service for our long-term customers, and provides an opportunity for GTI to develop relationships with new agencies."
Mr. Lalley joined Applied Digital's Computer Equity subsidiary in January 2002 after a distinguished, 35-year career in the federal government. Most recently, Mr. Lalley served as Assistant Commissioner for Service Delivery in the General Services Administration's Federal Technology Service. Last May, Mr. Lalley acquired the additional title of Vice President for Government Solutions, a position aimed at meeting government needs for the Company's advanced technology products, such as VeriChip(TM), Thermo Life(TM) and Digital Angel(TM).
About the General Services Administration (GSA)
GSA is a centralized federal procurement and property management agency created by Congress to improve government efficiency and help federal agencies better serve the public. It acquires, on behalf of federal agencies, office space, equipment, telecommunications, information technology, supplies, and services. GSA, comprised of 14,000 associates, provides services and solutions for the office operations of over 1 million federal workers located in 8,300 government-owned and leased buildings in 1,600 U.S. communities.
About Government Telecommunications (GTI)
GTI, a subsidiary of Computer Equity, Inc. (Compec), is headquartered in Chantilly, Virginia. With a 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.
