HALIFAX ANNOUNCES $29
MILLION AWARD
WITH U.S. ARMY
ALEXANDRIA, VA – September 7, 2004 - Halifax Corporation (AMEX:
HX) today announced the award of a Blanket Purchase Agreement (BPA)
against the Federal Supply Schedule for Infrastructure Support Services
with the U.S. Army. The estimated value is $29 million over a five-year
term.
Under the BPA, Halifax will provide engineering support, installation
and activation services of communications and electronic systems,
training support and provisioning of equipment. Halifax has provided
support services to the U.S. Army since 1983, primarily through
cleared personnel.
Charles McNew, president and chief executive officer, stated, “We
are delighted to continue our long-standing relationship with the
U.S. Army. Our Secure Network Services team has done a fine job
in delivering creative and cost-effective solutions in a time-sensitive
fashion, and we look forward to continuing our relationship with
this important customer.”
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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