SRGX -- News just came out ... oh BTW, thanks for that dip...
Remember:
- Over $350 million of revenue in active contract negotiations…
- 62 million O/S, 9.3 million float (mgmt holds 85% of O/S)
- $12.6 million market-cap at $0.20 share price
Regards,
Treepeople
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Three More Civil Homeland Security Contracts Draw $7,000,000 More in Negotiations for Strategy X as the Government Fiscal Year End Draws Near
2005-09-27 12:18 ET - News Release
HARRISON, Maine -- (Business Wire) -- Sept. 27, 2005
Strategy X, Inc., (Pink Sheets:SRGX), America's Homeland
Security Specialists, is pleased to announce they are currently
negotiating for three more separate homeland security contracts in the
state of Maine. With a total value of more than $7,000,000, each of
the contracts calls for system engineering, modeling & simulation,
cost analysis, and proposal support. As the Government fiscal year end
draws closer, Strategy X, Inc. has made formal presentations to two of
the towns and is scheduled to make a presentation to the third early
next week.
Clifford Lewis, President and CEO commented, "This is a great
opportunity for the company, as the fiscal year end draws very near
for the government. This funding must be allocated by September 30,
2005. We are very confident that we'll have more positive contract
acquisitions this week. We've been primarily focusing on the
government sector to this point and now we're prepared to expand that
to the civil sector as well. These civil contracts really allow
Strategy X, Inc. to utilize the entire capabilities of the company.
They will involve both Modeling, Simulation, and Analysis as well as
Survey, installation, & Integration Management. Unlike most companies
Strategy X, Inc. can do far more than just cover evaluate disaster
response and emergency procedures providing a very robust and holistic
product for civil authorities. We have many other negotiations ongoing
in the civil arena and with the beginning of the new fiscal year on
October 1, 2005 and we expect them to close in the same manner, very
quickly."
Mr. Lewis continued, "Modeling and simulation provide very power
tools in the planning process, we are very confident that in light of
Hurricane Katrina Towns, Cities, and States will want to rehearse
their response plans to identify shortfalls as well as strengthen
their plans. Unlike expensive real-world exercises modeling &
simulation provides a virtual environment to test and improve planning
and is far less expensive."
About Strategy X Inc.
Strategy X, Inc. provides over 40 years of experience applying
Modeling and Simulation, Performance Criteria and System Reliability
coupled with over 100 years of Security Management and On-Site Field
experience in Installations, Integration Management and Security
System Maintenance. The Strategy X, Inc. team consists of the original
instructors and top team leaders and members from the effects based
security assessment teams and installation, integration management and
security system maintenance specialists used by the United States Air
Force. Strategy X, Inc. professionals, specialists and experts have
conducted performance based security assessments, installations,
integration management and maintenance on all of the Air Force's
highest priority resources and security systems including the nation's
highest priority weapons systems.
Please visit www.srgx.com for more information.
You should not place undue reliance on forward-looking statements
in this press release. This press release contains forward-looking
statements that involve risks and uncertainties. Words such as "will",
"anticipates", "believes", "plans", "goal", "expects", "future",
"intends" and similar expressions are used to identify these
forward-looking statements. Actual results could differ materially
from those anticipated in these forward-looking statements for many
reasons, including the risks we face as described in this press
release. For further information about Strategy X Inc. please refer to
its website at www.srgx.com.
Contacts:
Strategy X, Inc.
Clifford A. Lewis, 207-583-6700
info@srgx.com
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