Sierra Systems Group Inc.
TSX : SSG

Sierra Systems Group Inc.

April 06, 2006 14:05 ET

Sierra Systems Extends Long-term Support Contract Valued at Over $3-Million

VICTORIA, BRITISH COLUMBIA--(CCNMatthews - April 6, 2006) - Sierra Systems Consultants Inc., a wholly-owned Canadian operating subsidiary of Sierra Systems Group Inc. (TSX:SSG), today announced the company has signed a 2-year extension, with two possible one-year extensions to March 31st, 2010, of its long-term support contract with a Canadian provider of business process and technology services. In this agreement, Sierra Systems will continue to provide ongoing maintenance, support, and enhancements for a Provincial Government Ministry client. The contract is valued at $3-million in its first year.

The extension encompasses core operational support and enhancements to ensure the effective management of critical Ministry operational and data warehousing applications.

"After developing and implementing these mission critical applications, we were able to provide operational support and enhancement for their first 7 years in service," said Iraj Pourian, Sierra Systems' President and CEO. "We are very pleased that we can continue to provide expertise, stability, deep application knowledge, and our experience with the business, in a collaborative fashion; to ensure both our client and the Ministry clients are realizing benefits and fulfilling their goals."

Sierra Systems' contract represents a large engagement where applications are managed on behalf of the client. Engagements such as this one form a large part of Sierra Systems' growing outsourcing and application management service offering.

About Sierra Systems

Since 1966, Sierra Systems Group Inc. (TSX:SSG) has been improving the operational performance of our clients by delivering superior information technology and business consulting services. Through our extensive experience in Business Consulting, Solutions Delivery, and Managed Services, Sierra Systems has emerged as a trusted advisor to many leading private and public sector organizations across North America. With offices in Austin, Calgary, Edmonton, Fredericton, Halifax, Hartford, Los Angeles, Olympia, Ottawa, Seattle, Toronto, Vancouver, Victoria, and Winnipeg, our consultants are never far from our clients. In Justice, Health, Government, and various other industries, Sierra Systems continues to win exciting engagements in the face of stiff competition. Visit us at www.SierraSystems.com.

The statements contained in this release that are not historical facts are forward-looking statements that involve risks and uncertainties. Sierra Systems' actual results could differ materially from those expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, technological shifts, employee retention, fixed price contract delivery, competition, general economic conditions, foreign exchange and other risks detailed in the Company's Annual Report and other filings with Canadian securities regulatory authorities. We have no responsibility, nor do we intend, to update these forward-looking statements.


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