WFI Government Services, Inc. Wins Administrative Support Services Contract at Keyport, WA
18 Januar 2007 - 2:00PM
PR Newswire (US)
WFI Wins Third Task Order Award to Support Naval Undersea Warfare
Center (NUWC) SAN DIEGO, Jan. 18 /PRNewswire-FirstCall/ -- WFI
(NASDAQ:WFII), a global leader in the design, deployment, and
management of wireless communication networks, information
technology solutions and security systems, announced today that
they were selected by NUWC Keyport as the winner of a SEAPORT-e
Task Order to provide Administrative Support Services to the Naval
Undersea Warfare Center Division (NUWC) in Keyport, Washington. WFI
and its teammate INDUS will support NUWC Keyport through a variety
of organizational sectors under a task order which consists of a
one year base period, four one-year option periods with a total
potential value of approximately $9 million dollars. WFI estimates
its portion of the contract value to be approximately $4 million.
The task order announced today is WFI's third award to support NUWC
in eighteen months. Under the task order announced today, WFI and
INDUS will work collaboratively with the following organizational
sectors: Operations Services Department, which includes Workforce
Services Division, Infrastructure Services Division, Supply and
Acquisition Services Division, and the Information Services
Division; System Acceptance and Operational Readiness Department;
Maintenance, Engineering, and Industrial Operations Department; and
In-Service Engineering and ILS Departments. "We are pleased to
expand our successful support to NUWC Keyport as part of an
exceptionally-qualified team led by INDUS," said Robin Mickle,
president of WFI Government Services, Inc. "Our team is
highly-qualified to provide the administrative services necessary
to support NUWC's critical infrastructure over the next five years.
With this third Keyport task order, WFI has become an experienced
and sizeable provider to NUWC, and we look forward to continuing
our support in other areas in the future." WFI and its teammate
INDUS, a nationally recognized provider of professional and IT
services for the Department of Defense and other government
agencies, will support NUWC, Keyport in accomplishing its overall
mission of antisubmarine warfare and undersea warfare. The task
order announced today is the third award WFI has received to
support NUWC. The first task order was awarded in 2005 to support
the Submarine C4I Alteration Installation Team (AIT) as a sub to
Northrop Grumman. The second task order was awarded in July, 2006
to provide program and financial management services as a sub to
INDUS. About WFI Headquartered in San Diego, CA, WFI is an
independent provider of systems engineering, network services and
technical outsourcing for the world's largest wireless carriers,
enterprise customers and for government agencies. The company
provides the design, deployment, integration, and the overall
management of wired and wireless networks which deliver voice and
data communication, and which support advanced security systems.
WFI has performed work in over 100 countries since its founding in
1994. News and information are available at http://www.wfinet.com/.
(code: WFI-mb) Notice Regarding Forward-Looking Statements This
news release contains certain forward-looking statements including,
without limitation, expressed or implied statements concerning the
Company's expectations regarding future financial performance and
cash flows and market developments that involve risks and
uncertainties. Such statements are only predictions, and the
Company's actual results may differ materially. Factors that may
cause the Company's results to differ include, but are not limited
to: changes or cutbacks in spending by the U.S. Department of
Defense, which could cause delays or cancellations of key
government contracts; risks that the planned sale of the EMEA
and/or South American operations will not be completed on the terms
or timing anticipated, or at all, particularly in light of the fact
that the Company has no binding arrangement to complete such
divestiture; risks associated with the integration of MRC into WFI
Government Services; risks associated with debt leverage; risks
that the anticipated benefits of the divestitures and
organizational changes will not be achieved; risks that the
reductions in overhead expenses will cause unanticipated expenses
or loss of anticipated benefits; changes in the scope or timing of
the Company's projects; slowdowns in telecommunications
infrastructure spending in the United States and globally, which
could delay network deployment and reduce demand for the Company's
services; the timing, rescheduling or cancellation of significant
customer contracts and agreements, or consolidation by or the loss
of key customers; failure to successfully consummate acquisitions
or integrate acquired operations; the rate of adoption of telecom
outsourcing by network carriers and equipment suppliers; the rate
of growth of adoption of WLAN and wireless security systems by
enterprises; and competition in the marketplace which could reduce
revenues and profit margins. The Company undertakes no obligation
to update any forward-looking statements. These and other risk
factors are more fully discussed in the Company's Quarterly Report
on Form 10-Q for the period ended September 30, 2006 and in other
filings made with the Securities and Exchange Commission. Contact:
Michael Baehr VP of Corporate Communications & Investor
Relations Wireless Facilities, Inc. 858.228.2799 Direct DATASOURCE:
WFI CONTACT: Michael Baehr, VP of Corporate Communications &
Investor Relations of Wireless Facilities, Inc., +1-858-228-2799,
Web site: http://www.wfinet.com/
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