SOURCE: ATS Corporation

April 17, 2007 08:00 ET

ATS Corporation Awarded $4.3 Million U.S. Naval Medical Information Management Center (NMIMC) Contract

MCLEAN, VA -- (MARKET WIRE) -- April 17, 2007 -- ATS Corporation ("ATSC") (OTCBB: ATCT) subsidiary, Advanced Technology Systems, Inc., announced today that it was awarded a five-year contract to provide Navy Medicine On-Line (NMO) Sustainment Support Services through a subcontract with Celtic Technologies. The total value of the contract to ATSC, which has one base year and four one-year options, is $4.3 million if all options are exercised.

ATSC will provide information technology (IT) and life cycle engineering services to the NMO Portal which is Navy Medicine's centralized online portal presence. The system serves a vital role in the overall process of collecting, analyzing, and brokering medical information into one common operational view for the Navy Bureau of Medicine, Navy and Marine Corps Operational Units, and Navy Medical Treatment Facilities worldwide.

"Over the past six years, Navy Medicine, with ATSC as the lead integrator, has made a significant investment to build, deploy and establish a baseline architecture and system that will foster continued growth among the Navy's medical communities of interest in the future," said Stan Weathers, ATSC Vice President for DOD Operations. "We expect our partnership with Celtic Technologies to further expand the capabilities of this mission-critical system."

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.

Additional information about ATSC and ATS may be found at www.atsva.com.

This document may contain "forward-looking statements" -- that is, statements related to future, not past -- events, plans, and prospects. In this context, forward-looking statements may address matters such as our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should" or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For ATSC, particular uncertainties that could adversely or positively affect the Company's future results include: risks related to the government contracting industry, including possible changes in government spending priorities; risks related to the Company's business, including its dependence on contracts with U.S. Federal Government agencies and departments and continued good relations, and being successful in competitive bidding, with those customers; uncertainties as to whether revenues corresponding to the Company's contract backlog will actually be received; risks related to implementation of the Company's strategic plan, including the ability to make acquisitions and the performance and future integration of acquired businesses; and other risks and uncertainties disclosed in the Company's filings with the Securities and Exchange Commission. These uncertainties may cause ATSC's actual future results to be materially different than those expressed in the Company's forward-looking statements. ATSC does not undertake to update its forward-looking statements.

Contact Information

  • Company Contact:
    Dr. Edward H. Bersoff
    Chairman, President and Chief Executive Officer
    ATS Corporation
    (703) 506-0088

    Investor Relations Contact:
    Laura Kowalcyk
    Investor Relations
    CJP Communications for ATS Corporation
    (212) 279-3115 ext. 209
    Email Contact