Message #3 From:
NewsBot Date: November 9, 2005 01:00:00 AM
PDHO News Paradigm Solutions to Provide Business Continuity Program Support to HUB One Logistics Ltd.
ROCKVILLE, Md.--(BUSINESS WIRE)--Nov. 9, 2005--Paradigm Holdings, Inc. (OTCBB:PDHO), a full service information technology and business solutions provider to federal and commercial enterprises, has entered into a long-term agreement with HUB One Logistics Ltd., a leader in supply chain execution, to provide support services for their business continuity program. HUB One will fully utilize the OpsPlanner planning, emergency management and notification software to assess and enhance their current business continuity plans and provide emergency management and notification in the event of a business interruption.
"We are excited about working with the Paradigm team to ensure our business continuity program exceeds industry standards and support our preparedness efforts." said John Burke, President and Chief Operating Officer, Hub One Logistics Ltd. "We expect our business continuity process and preparedness to translate into benefits for our customers who rely on us for efficient daily operations. In this industry, there is no room for error and interruptions in operations are very costly. The OpsPlanner solution was chosen because of its completeness and flexibility in supporting all areas of our business continuity program."
"We are very pleased to have been chosen for this important initiative. Hub One's clients depend on them to perform mission critical services and we believe our team and the OpsPlanner software is the perfect fit to fulfill their requirements. Their selection of the OpsPlanner software is further testament to the breadth of the solution. We look forward to working closely with Hub One to satisfy all their business continuity needs." said Mr. Frank J. Jakovac, President and Chief Operating Officer, Paradigm Holdings, Inc.
About Paradigm Holdings, Inc.
Paradigm Holdings, Inc., parent company of Paradigm Solutions Corporation and Paradigm Solutions International provides information technology and business continuity solutions to government and commercial enterprises. Our solutions include OpsPlanner(TM) Business Continuity/COOP Planning, Emergency Management, and Notification software. Paradigm was incorporated in 1996, and generated revenues of more than $60 million in 2004. Headquartered in Rockville, Maryland, the company has more than 300 employees working in 12 offices throughout the U.S. More information about Paradigm Holdings, Inc. can be found at www.ParadigmSolutions.com.
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. Paradigm Holdings Inc. assumes no obligation to update the information contained in this press release. Future results for Paradigm Holdings, Inc. may be affected by its ability to continue to implement its government technology solutions, its dependence on the federal government and state and local governments and other federal government contractors as its major customers, timely passage of components of the federal budget, timely obligations of funding by the federal and state governments, its dependence on procuring, pricing and performing short-term government contracts, its dependence on hiring and retaining qualified professionals, potential fluctuations in its quarterly operating results, including seasonal impacts, its dependence on certain key employees and its ability to timely and effectively integrate the businesses it may acquire. For further information about forward-looking statements and other Paradigm Holdings, Inc. specific risks and uncertainties please refer to recent SEC filings for Paradigm Holdings, Inc., which are available from the Edgar Web site at www.edgar.org.
