HALIFAX ANNOUNCES $10 MILLION RENEWAL OF ENTERPRISE MAINTENANCE SOLUTIONS CONTRACT
ALEXANDRIA, VA –July 22, 2004 – Halifax Corporation (AMEX:HX) today announced that it has been awarded a three-year renewal on an enterprise maintenance solutions contract with a major aerospace and defense contractor. The total value of the award is more than $10 million.
Charles McNew, president and CEO, noted, “This is another major win for Halifax and a clear vote of confidence by a satisfied customer. It’s also a solid indication of the robust nature of our nationwide high-availability maintenance services model.”
He added, “As the economy continues to improve, we are seeing a marked improvement in the number of potential opportunities and the size of our new business pipeline. We are continuing to fine tune and evolve our services delivery capability in an effort to maximize our potential for additional new business.”
Founded in 1967, Halifax Corporation is an enterprise maintenance solutions company providing a wide range of technology services to commercial and government customers throughout the United States. The Company’s principal products are high availability hardware maintenance services, technology deployment and integration services, and secure network program services. More information on Halifax can be found at www.hxcorp.com.
For investor relations information, contact Qorvis Communications:
Karen Vahouny (703) 744-7809 or kvahouny@qorvis.com
Certain statements made by the Company which are not historical
facts may be considered forward-looking statements, including, without limitation,
statements as to trends, management's beliefs, expectations and opinions, which
are based upon a number of assumptions concerning future conditions that ultimately
may prove to be inaccurate. Such forward-looking statements are subject to risks
and uncertainties and may be affected by various factors that may cause actual
results to differ materially from those in the forward-looking statements. For
further information that could affect the Company's financial statements, please
refer to the Company's reports filed with the Securities and Exchange Commission.
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