New York State Office of the Attorney General Awards IT Services Contract to DynTek
05 Oktober 2004 - 5:30PM
PR Newswire (US)
New York State Office of the Attorney General Awards IT Services
Contract to DynTek DynTek Selected as a Preferred Vendor for User
Support Services and Network Infrastructure Solutions IRVINE,
Calif., Oct. 5 /PRNewswire-FirstCall/ -- DynTek, Inc.
(NASDAQ:DYTKNASDAQ:DYTKPNASDAQ:DYTKW), a leading provider of
technology, management and IT security solutions, announced today
that the New York State Office of the Attorney General has awarded
the company a three-year Multiple Award Standby Agreement (MASA)
for User Services and Operations. Under the terms of the contract,
DynTek is qualified to provide the Office of the Attorney General
with a broad range of IT solutions, include help desk, technical
support and network infrastructure services. MASA contracts enable
state agencies to streamline the procurement process by
pre-selecting a limited number of qualified vendors through a
competitive bid process. "New York is one of DynTek's top-tier
markets and we will continue to enhance our regional capabilities
through new contract vehicles, expertise in emerging technologies
and strategic partnerships in order to successfully meet the needs
of our customers within the state," said Ron Ben-Yishay, DynTek's
senior vice president of sales, Mid-Atlantic Region. "DynTek is
embarking on an aggressive growth plan, which is driven by
acquisitions and organic growth in our key markets. Government
contract vehicles, such as the MASA, are a critical part of our
growth plan, since they drive new business and provide DynTek with
a competitive advantage over the broader set of state vendors."
About DynTek DynTek is a leading provider of dynamic technology,
management and cyber security solutions to states, local
governments and commercial organizations. Our broad range of
services is designed to help organizations meet their critical
business needs through the effective and innovative use of
technology. Each of our offerings incorporates an approach and
methodology derived from over 18 years of experience in the
assessment, design, implementation, management and support of
secure technology solutions. For more information, visit
http://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 attract future customers, the ability to
finance and sustain operations, including the ability to maintain
the Textron Factoring Facility and/or the amended Laurus Funds Note
when either becomes due, respectively, or to replace it with
alternative financing, the ability to raise equity capital in the
future, despite historical losses from operations, the ability to
fulfill the Company's obligations to third parties, and ability to
resolve successfully certain ongoing litigation over contract
performance, the size and timing of additional significant orders
and their fulfillment, the ability to turn contract backlog into
revenue and net income, the continuing desire of state and local
governments to outsource to private contractors, the ability to
successfully implement an acquisition growth strategy, the
performance of governmental services, the ability to develop and
upgrade our technology, and the continuation of general economic
and business conditions that are conducive to governmental
outsourcing of service performance and the acquisition of other
services and products. 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. DATASOURCE: DynTek, Inc. CONTACT: Linda Ford of DynTek,
Inc., +1-949-798-7215, Web site: http://www.dyntek.com/
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