Message #8 From:
NewsBot Date: December 12, 2006 03:00:00 PM
PDHO News Paradigm Solutions Corporation Awarded Two NTIS Contracts to Re-Certify and Re-Accredit the Security Policies, Procedures and Processes
ROCKVILLE, Md.--(BUSINESS WIRE)--Paradigm Holdings, Inc. (OTCBB: PDHO), announced that Paradigm Solutions
Corporation (Paradigm), its wholly-owned subsidiary, has been awarded
two contracts with the National Technical and Information Services
(NTIS) to re-certify and re-accredit the security policies, procedures
and processes for the NTIS and for the Wage Determination On-Line (WDOL)
system hosted at NTIS. Under the contracts, which were awarded on July 11th
and September 15th respectively, Paradigm will
work with the NTIS IT security officer (ITSO) to develop and revise a
Certification and Accreditation (C&A) project plan. This plan will
identify milestones, resources, and the associated timeline, and update
documentation to perform and facilitate all steps necessary to assist
NTIS’ achievement with Full Authorization to
Operate (FATO).
Commenting on the award, Peter B. LaMontagne, Paradigm Holdings, Inc.
President and Chief Operating Officer, stated, “We
are very pleased with the contract awards and welcome the opportunity to
continue our work for NTIS, especially the C&A effort, which is a key
component of sound information assurance management.”
The National Technical Information Service (NTIS) serves as the largest
central resource for government-funded scientific, technical,
engineering, and business related information available today. For 60
years NTIS has assured businesses, universities, and the public timely
access to well over 3 million publications covering over 350 subject
areas. Their mission supports the nation's economic growth by providing
access to information that stimulates innovation and discovery.
About Paradigm Holdings, Inc.
Paradigm Holdings, Inc., (www.paradigmsolutions.com)
parent company of Paradigm Solutions Corporation and Paradigm Solutions
International, is a comprehensive information technology and business
solutions provider for government and commercial enterprises. Paradigm
Solutions Corporation specializes in Enterprise Risk Management, Systems
Engineering, Infrastructure Support, and Program Management for
government customers. Paradigm Solutions International markets OpsPlannerTM
disaster recovery and emergency management software and information
technology security consulting to commercial enterprises. Headquartered
in Rockville, Maryland, the company currently employs nearly 300 people
across 12 states.
Safe Harbor Statement
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.
