DynTek Awarded Over $1 Million in New Contracts in Western Region
19 November 2004 - 4:30PM
PR Newswire (US)
DynTek Awarded Over $1 Million in New Contracts in Western Region
Contract Awards Include Voice-over-IP, Security and Advanced
Network Infrastructure Solutions IRVINE, Calif., Nov. 19
/PRNewswire-FirstCall/ -- DynTek, Inc.
(NASDAQ:DYTKNASDAQ:DYTKPNASDAQ:DYTKW), a leading provider of
professional technology services and IT security solutions, today
announced that Redrock Communications, a DynTek company, has been
awarded four new IT contracts valued at over $1 million. The
following contracts were awarded in the first weeks of November and
are in addition to previously announced awards. * A Fortune 500
global government contractor selected DynTek to provide a broad
range of network management solutions. * A specialty pharmaceutical
company engaged DynTek to provide network monitoring and
troubleshooting solutions and professional services. * A Fortune
500 wireless communications provider selected DynTek to expand
their deployment of network security solutions, to include
intrusion detection and prevention of their global network. * A
retail manufacturer partnered with DynTek to design and build an
international call center incorporating advanced network
infrastructure and voice-over-IP technologies and professional
services. "The Redrock team consistently exceeds expectations in
both sales performance and service delivery," said Steve Ross,
DynTek's chief executive officer. "As we proceed with the
integration, both Redrock and Integration Technologies are focusing
on the growth and development of their core business, while
identifying synergies that will accelerate growth through
cross-selling opportunities. In addition to developing new business
in the Western Region, we are also able to leverage both companies'
expertise throughout DynTek's national client base." About DynTek
DynTek is a leading provider of professional technology services to
government, education and mid-market commercial customers in the
largest IT markets nationwide. The company provides solutions that
address the critical business needs of organizations today, such as
IT security, voice and data convergence (VOIP), enterprise access
and technology management. Our practice areas incorporate an
approach and methodology derived from over 18 years of experience
in the assessment, design, implementation, management and support
of 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 comply
with the terms of the Textron Factoring Facility and/or the amended
Laurus Funds Note, and to extend such obligations when either
becomes due, or to replace them 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 in the state
of Virginia, 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 integrate ITI and Redrock, the ability to continue to
implement an acquisition growth strategy, the ability to achieve
financial targets, the retention of certain key managers, the
performance of successful government and commercial technology
services, the ability to develop and upgrade our technology, the
continuation of general economic and business conditions that are
conducive to governmental outsourcing of service performance and
the acquisition of other services and product, and such other risks
and uncertainties included in our Annual Report on Form 10-K filed
on September 29, 2004, our Quarterly Report on Form 10-Q filed on
November 15, 2004, and other SEC filings. 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/
Copyright
Dyntek Wts A (MM) (NASDAQ:DYTKW)
Historical Stock Chart
Von Jan 2025 bis Feb 2025
Dyntek Wts A (MM) (NASDAQ:DYTKW)
Historical Stock Chart
Von Feb 2024 bis Feb 2025