Message #26 From:
NewsBot Date: December 19, 2005 03:00:00 AM
SPSC News Horne Engineering Awarded Contracts To Provide Technical and Management Support to Customs and Border Protection; Pending Award for Additional Work Expected To Increase Value to More Than $2 Million
FALLS CHURCH, Va.--(BUSINESS WIRE)--Dec. 19, 2005--Spectrum Sciences & Software Holdings Corp. (OTCBB:SPSC) announced today that its wholly owned subsidiary Horne Engineering Services, LLC, has been awarded two task orders to support the operations of the Office of Asset Management in the Bureau of Customs and Border Protection (CBP). The combined value of the two awards, which extend through September 2006, is more than $1 million.
An agency within the U.S. Department of Homeland Security (DHS), CBP is charged with managing, controlling, and protecting the nation's borders at and between the official ports of entry. Its Office of Asset Management is responsible for the planning, budgeting, and execution of new construction and leasing, acquisition and installation of tactical infrastructure, and operation and maintenance of real property for the Border Patrol, Immigration and Customs Enforcement, the Detention and Removal Office, and other organizations within DHS.
Horne Engineering developed considerable experience and in-depth expertise regarding DHS facilities-related functions as a result of its previous work performing business process analyses and preparing management studies and after action reviews for senior officials within DHS. Under the two newly awarded task orders, the company is providing technical support services and assistance in the development and implementation of standard operating processes and procedures.
A third award, for an additional $1.2 million, is pending.
About Spectrum Sciences & Software Holdings Corp.
Spectrum Sciences & Software Holdings Corp. is a technology and technical engineering solutions company focused on three primary target markets--national security, energy & environment, and transportation--with an emphasis on homeland security. The company's business offerings encompass management services, procurement, manufacturing, science and engineering, and information technology.
The company currently has more than 350 employees within its family of subsidiaries, which include Horne Engineering Services (www.horne.com/), Spectrum Sciences & Software, Inc. (www.specsci.com), M&M Engineering (www.mmeng.net), and Coast Engine and Equipment Company (CEECO).
More information about Spectrum Sciences & Software Holdings Corp. can be found at www.spectrumholdingscorp.com.
Forward-Looking Statements
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements, which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, risks set forth in documents filed by the company from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by, or on behalf of, the Company, are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
