SOURCE: The Evermedia Group, Inc.

December 21, 2009 10:03 ET

Evermedia Group Affiliate Announces Subcontract Agreement With Division of Honeywell International

NEW YORK, NY--(Marketwire - December 21, 2009) - The Evermedia Group (PINKSHEETS: EVRM) affiliate System Technology Solutions, Inc. (STS) announced a task order driven subcontract agreement with Honeywell Technology Solutions, Inc. (Honeywell), a division of Honeywell International. Under a $22,426,474, indefinite-delivery/indefinite-quantity, cost-plus-fixed-fee, performance-based prime contract, STS will provide engineering support to the Navy, Department of Defense (DoD), and other government agencies, including the Defense Logistics Agency (DLA). This development follows the Department of the Navy approval of STS's capabilities to accommodate The Space and Naval Warfare Systems Center (SPAWAR); this authorization required a technical review of STS conducted by Department of Defense. Previously mentioned in a late August press release, STS recently received approval to identify Honeywell as prime.

By its terms, the subcontract agreement indicates STS will perform a broad range of SPAWAR services directed toward the commission of Automated Fuel Handling Equipment (AFHE). Specifically, the majority of tasks within STS's capabilities will include automated equipment installation for fuel handling facilities pursuant to the Phase IIB Automation Program and Automated Tank Gauging (ATG) replacement program. Under the subcontract, STS technicians are responsible for the installation of ATG and automated fuel service station equipment in accordance with DLA-established standards and guidelines. Additionally, STS must coordinate these tasks between existing field devices and legacy Business Systems Modernization (BSM) software systems, formally known as Fuel Automated Systems (FAS). Although AFHE represents the primary focus of the subcontract agreement, other tasking available to STS includes installation and maintenance of enhanced security systems and automated information system development such as database, Geographical Information Systems (GIS), and web-based systems.

According to Dick Weitzel, CEO of STS, "We're enthusiastic the Honeywell subcontract will demonstrate its value in both the short and long term. Currently, we're preparing to perform issued task orders, bearing in mind the importance of our continued relationship to Honeywell," said Weitzel. "We greatly appreciate the opportunity to participate in this renovation effort; STS will perform our ATG tasks such that Honeywell will extend us more opportunities."

About Honeywell Technology Solutions, Inc.

Headquartered in Columbia, MD, Honeywell Technology Solutions is a division of the Fortune 100 Honeywell International, ranking 63rd in 2009. Honeywell Technology Solutions offers an array of services for aerospace and military customers. Activities include technical and engineering services (equipment calibration services), space system services (satellite flight control and mission operations), logistics and sustainment (expeditionary logistics, depot-level maintenance, systems engineering and integration), program management services (safety performance tracking and management, quality inspection and auditing, and risk management), and IT and communication services (communication security and information assurance). Among various institutional clients, Honeywell Technology Solutions notably serves its largest customer, the National Aeronautics and Space Administration (NASA).

About System Technology Solutions

Based in San Antonio, TX, STS is a defense contractor providing engineering, logistics, IT and security services to government and large commercial enterprises. STS also provides technical design, program management and security services globally.

Safe Harbor Statement

Certain Statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performances or achievements express or implied by such forward-looking statements. The forward-looking statements are subject to risks and uncertainties including, without limitation, changes in levels of competition, possible loss of customers, and the company's ability to attract and retain key personnel.

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