Contact Information: Company Contact: Joel R. Jacks Chairman and Chief Executive Officer Federal Services Acquisition Corporation (646) 403-9765 Investor Relations Contact: Laura Kowalcyk Investor Relations CJP Communications for Federal Services Acquisition Corporation (212) 279-3115 ext. 209 Email Contact
Federal Services Announces Advanced Technology Systems, Inc. $4.4 Million Contract Award
| Source: Federal Services Acquisition Corporation
NEW YORK, NY -- (MARKET WIRE) -- January 8, 2007 -- Federal Services Acquisition Corporation
("Federal Services") (OTCBB : FDSA ) (OTCBB : FDSAU ) (OTCBB : FDSAW ), a special
purpose acquisition company formed to acquire an operating business in the
federal services and defense industries that plans to acquire Advanced
Technology Systems, Inc. ("ATS"), announced today a contract award to the
ATS Public Safety Solutions division.
The ATS Public Safety Solutions division was awarded a 14-month, $4.4
million contract from the Metropolitan Nashville Police Department (MNPD)
to lead the Advanced Records Management System (ARMS) project. The
Nashville ARMS system will serve more than 80 regional agencies in one of
the largest information management and criminal justice sharing networks in
the Southeast United States.
"The Nashville Police Department understands the critical importance of law
enforcement information sharing and the need to achieve interoperability
among disparate information systems," said Martin Gillespie, Vice President
and General Manager of Public Safety Solutions at Advanced Technology
Systems. "We are proud to be supporting the city's effort to establish a
technologically advanced, open architecture records management system with
our cutting-edge, scalable criminal justice solutions."
Under the contract, Advanced Technology Systems will develop an information
system that captures, maintains, and analyzes police agency and
incident-related event information. ARMS is vital to day-to-day agency
operations and the tracking and managing of criminal and non-criminal
events and information, including investigations, case management, property
and evidence management, criminal history, warrants, court case
preparation, court appearance scheduling, and personnel data.
Advanced Technology Systems is providing MNPD with the interagency Internet
portal and message brokering application software and leading a team of
organizations with expertise in delivering justice solutions to complete
the ARMS project. Partners on the project include Denali Solutions for the
Records Management System, Patron Systems for the Automated Field Reporting
system, The Omega Group for geographic information systems (GIS) crime
reporting, and DataWorks Plus for the Web-based mug shots capture and
retrieval systems.
"We have assembled a team that is dedicated to making law enforcement
stronger through the use of innovative technology," Gillespie added. "The
entire project team is committed to developing critical law enforcement
solutions and maintaining a high level customer satisfaction."
The integrated solution of these commercial off-the-shelf (COTS) products
delivers a comprehensive, seamlessly integrated solution for Nashville
officers. Like traditional police record management systems, ARMS allows
for the electronic storage and retrieval of crime, arrest and associated
information, and also enables public safety personnel to quickly transmit
and share real-time incident data, improving the accuracy of information
and the overall responsiveness to emergencies and incidents. The Web-based
solution also enables officers to receive mission-critical information in
the field from both MNPD criminal data systems and external sources and to
report incident information to supervisors and other law enforcement
persons. Furthermore, the system allows officers to conduct queries and
access criminal history and mug shot databases from their vehicles within
the wireless infrastructure coverage area, helping to centralize and better
manage operational response.
"This win, on top of our recent wins at the Veterans Health Administration
and the State of Alabama, demonstrates our ability to deliver high quality
technology solutions and infrastructure services to agencies in both
federal and state government agencies," Gillespie added. Advanced
Technology Systems' recent wins with the United States Department of
Agriculture, Veterans Health Administration, and State of Alabama are
highlighted in press releases issued on November 27, October 26, and
October 3, respectively, and are available on the Advanced Technology
Systems website at http://www.atsva.com/news.cfm.
ABOUT FEDERAL SERVICES
Federal Services was a blank check company that was formed to acquire an
operating business in the federal services and defense industries. Federal
Services consummated its initial public offering on October 25, 2005,
receiving net proceeds of approximately $119 million through the sale of
21,000,000 units of its securities at $6.00 per unit. The Board of
Directors of Federal Services includes Dr. Edward H. Bersoff, the founder
and former CEO of BTG, Inc., a federal services company that was sold to
The Titan Corporation, and Joel R. Jacks and Peter M. Schulte, the
co-founders of CM Equity Partners, a private equity firm that has completed
several federal services acquisitions. Dr. Bersoff will become Chairman and
Chief Executive Officer of Federal Services and ATS and Stuart R. Lloyd,
formerly Senior Vice President and Chief Financial Officer of PEC
Solutions, Inc., will become Chief Financial Officer of Federal Services
upon consummation of the transaction. Joel Jacks and Peter Schulte will
remain board members of Federal Services following the closing, and will no
longer hold executive management positions. Additional board members of
Federal Services include: Joseph A. Saponaro, formerly President of L-3
Government Services, Inc. and Edward J. Smith, President of Barnegat Bay
Capital Inc.
Additional information about Federal Services may be found at
http://www.fedsac.com
ABOUT ATS
ATS, headquartered in McLean, Virginia, 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 is currently executing on over 140 contracts for multiple civilian and
defense agencies including: The Department of Homeland Security; The Office
of the Secretary of Defense; Defense Logistics Agency; The U.S. Air Force;
The Department of Housing and Urban Development; and Pension Benefit
Guarantee Corporation. The majority of ATS' contractual relationships are
long term in nature, and many of its customer relationships have been in
place for over a decade. ATS derived approximately 90% of its total revenue
in fiscal 2005 from contracts with the U.S. government and
government-sponsored enterprises. The majority of its work is performed
under time and material (T&M) and fixed price contracts.
Over the past 28 years, ATS has built and implemented over 100
mission-critical systems for clients. This large installed base of work
provides continuous opportunities for maintenance and upgrades, and
positions ATS to address legacy software and systems issues and perform
complex migration projects as clients move to next-generation technologies.
With over 600 employees possessing diverse, hard-to-replicate technical
skills, institutional knowledge and insight accumulated over nearly three
decades, ATS competes effectively for prime and sole source service
contracts and has succeeded in recent years in expanding its reach and
presence in the federal services market.
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, ATS 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. Appix has experienced strong organic growth, which has been
complemented by small strategic acquisitions.
Additional information about ATS may be found at http://www.atsva.com.
ADDITIONAL INFORMATION
Stockholders of Federal Services are urged to read its definitive proxy
statement related to its special meeting of stockholders held on January
11, 2007 to vote on, among other proposals, its proposed acquisition of
ATS. Such proxy statement contains important information regarding ATS and
the transaction. Copies of the proxy statement and other relevant documents
filed by Federal Services, which contain information about Federal Services
and ATS, are available without charge at the U.S. Securities and Exchange
Commission's Internet site (http://www.sec.gov). The definitive proxy
statement may also be obtained from Federal Services without charge by
directing a request to Federal Services Acquisition Corporation, 900 Third
Avenue, 33rd Floor, New York, New York 10022-4775.