SOURCE: SteelCloud, Inc.

December 06, 2007 08:30 ET

SteelCloud Announces $1 Million IT Consulting Services Contract With One of the Country's Largest Transit Authorities

Will Accelerate Payment Card Industry Compliance

HERNDON, VA--(Marketwire - December 6, 2007) - SteelCloud, Inc. (NASDAQ: SCLD), a manufacturer of embedded integrated computing systems, announced today that it received a $1 million IT consulting services contract from one of the country's largest transit authorities to accelerate compliance with the Payment Card Industry's ("PCI") Data Security Standard. SteelCloud will provide a team of security engineers to assist in implementing formal security policies and vulnerability programs to protect customer information.

Under PCI, all companies that accept credit cards are required to comply with 12 security-related requirements that call for, among other things, encrypted transmission of cardholder data, periodic network scans, logical and physical access controls, activity monitoring and logging.

The volume of the transit authority's credit card transactions exceeds 5 million per year resulting in well over $100 million in revenue making adherence to the PCI Data Security Standard absolutely essential.

"As I mentioned in September, one of my top goals is to grow our services business with little to no additional investment," said Robert Frick, CEO and President of SteelCloud. "This award signifies that we are achieving success in meeting this goal without diluting or losing focus on performance and growth of our core integration business. This contract utilizes our network security and IT compliance capabilities, which are two areas that we anticipate significant growth considering the current regulatory and security requirements within the marketplace."

About SteelCloud

SteelCloud is a leading provider of embedded integrated computing systems to the industrial automation and military COTS server markets. The Company has cultivated numerous strategic relationships with thought-leading organizations such as Intel, Microsoft and systems integrators. The Company's ISO 9001:2000 certified Quality Management System ensures commitment to high quality standards and continuous quality improvement in all aspects of its business. Over its 20-year history, SteelCloud has won numerous awards for technical excellence and customer satisfaction. To learn more about the specialized computing platform and engineering services offered by SteelCloud, please visit www.steelcloud.com.

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties. It is possible that the assumptions made by management are not necessarily the most likely and may not materialize. In addition, other important factors that could cause actual results to differ materially include the following: business conditions and the amount of growth in the computer industry and general economy; competitive factors; ability to attract and retain personnel, including key sales and management personnel; the price of the Company's stock; and the risk factors set forth from time to time in the Company's Securities and Exchange Commission reports, including but not limited to its annual report on Form 10-K and its quarterly reports on Forms 10-Q; and any reports on Form 8K. SteelCloud takes no obligation to update or correct forward-looking statements.