Contact Information: Company Contact: Dr. Edward H. Bersoff Chairman, President and Chief Executive Officer ATS Corporation (703) 506-0088 Joann O'Connell Vice President, Investor Relations ATS Corporation (703) 506-0088 Investor Relations Contact: Laura Kowalcyk Investor Relations CJP Communications for ATS Corporation (212) 279-3115 ext. 209 lkowalcyk@cjpcom.com
ATS Corporation Appoints Ginger Lew and George Troendle to Board of Directors
| Source: ATS Corporation
MCLEAN, VA--(Marketwire - June 12, 2007) - ATS Corporation ("ATSC") (OTCBB : ATCT ), a
leading information technology company that delivers innovative technology
solutions to federal, state, and local government organizations, today
announced the additions of Ginger Lew and George Troendle, to its Board of
Directors.
Ginger Lew's federal government experience includes serving as the Deputy
Administrator and Chief Operating Officer for the U.S. Small Business
Administration, General Counsel of the U.S. Department of Commerce, and
Deputy Assistant Secretary of State for East Asia and the Pacific Islands.
Ms. Lew was also a member of the Army Science Board for 6 years. Ms. Lew's
business experience includes international management consulting for Ernst
and Young, serving as Vice-President and General Counsel for a San
Francisco-based start-up, and holding board positions for several privately
held technology companies. Ms. Lew was also the Chief Executive Officer
and Managing Director of TDF, a venture capital fund with investments in
the communications industry.
Ms. Lew currently heads a private consulting firm based in Washington, D.C.
that provides investment and management services. She also serves as member
and former Co-Chair of the NASDAQ Hearing Listing and Review Council, an
independent advisory board to NASDAQ. She is the founder and Chairman of
the Association of Asian American Investment Managers ("AAAIM") and
Chairman of the Czech/Slovak American Enterprise Fund. Ms. Lew received
her law degree from the University of California at Berkeley, and her
undergraduate degree in political science from UCLA.
George Troendle was the founder, Chief Executive Officer and a Director of
Resource Consultants Inc. ("RCI"), a broadly diversified technology
company, specializing in support of government agencies, particularly
defense and homeland security. In 2005, RCI became part of Serco North
America, a $500M division of Serco Group, a $3.5B international services
company specializing in government operations. Mr. Troendle became
President of Serco North America and served in that capacity until stepping
down in 2006. Mr. Troendle founded RCI in 1979 and by 2004 had grown the
company to annual sales in excess of $300M and more than 4,000 employees.
Prior to founding RCI, Mr. Troendle was one of three executives running a
major division of Advanced Technology, Inc, a 300-employee technology
company primarily supporting the Department of the Navy. Mr. Troendle
graduated from Georgetown University with both an M.A. and B.A. in
Economics.
ATSC Chairman, President and Chief Executive Officer, Dr. Ed Bersoff
stated, "We are extremely pleased to have these two highly experienced
executives joining our Board. Ginger's extensive business, government, and
investment experience and George's leadership in building a successful
government services company will be tremendously valuable to ATSC as we
continue to grow our company."
About ATS Corporation and Advanced Technology Systems, Inc.
ATS Corporation (formerly named Federal Services Acquisition Corporation)
operates through its subsidiaries, Advanced Technology Systems, Inc.,
Reliable Integration Services, and Appix, Inc.
Advanced Technology Systems, Inc. ("ATS") is a leading provider of systems
integration and application development, IT infrastructure management and
strategic IT consulting services to U.S. federal government agencies. Since
its founding in 1978, ATS has been recognized for its custom software
development and software integration capabilities and its deep domain
expertise in federal government financial, human resource and data
management systems. ATS has built and implemented over 100 mission-critical
systems for clients.
ATS' financial management software expertise assists clients preparing for
the government's increased financial accountability standards. ATS' data
management systems expertise allows clients to increase efficiency with
better human resource and case management tracking capabilities, while also
allowing them to organize and track information easily. Additionally, ATS'
IT outsourcing capabilities provide ATS with an opportunity to develop
long-term value added partnerships with clients that allow end-users and
government agencies to focus on core mission priorities, while reducing
expenditures on systems management.
In addition, ATSC leverages its IT services, management consulting, and
software and systems development solutions expertise into financial
institutions, insurance companies and government sponsored enterprises
through a wholly owned subsidiary, Appix, Inc. ("Appix"). Appix is one of
the largest providers of outsourced professional services at Fannie Mae and
currently serves many Fortune 500 financial services and insurance
companies. Additional information about Appix may be found at
www.appix.com.
Any statements in this press release about future expectations, plans, and
prospects for ATSC, including statements about the estimated value of the
contract and work to be performed, and other statements containing the
words "estimates," "believes," "anticipates," "plans," "expects," "will,"
and similar expressions, constitute forward-looking statements within the
meaning of The Private Securities Litigation Reform Act of 1995. Actual
results may differ materially from those indicated by such forward-looking
statements as a result of various important factors, including: our
dependence on our contracts with federal government agencies for the
majority of our revenue, our dependence on our GSA schedule contracts and
our position as a prime contractor on government-wide acquisition contracts
to grow our business, and other factors discussed in our latest annual
report on Form 10-K filed with the Securities and Exchange Commission on
March 26, 2007. In addition, the forward-looking statements included in
this press release represent our views as of June 12, 2007. We anticipate
that subsequent events and developments will cause our views to change.
However, while we may elect to update these forward-looking statements at
some point in the future, we specifically disclaim any obligation to do so.
These forward-looking statements should not be relied upon as representing
our views as of any date subsequent to June 12, 2007.
Additional information about ATSC and ATS may be found at www.atsva.com.