ALEXANDRIA, Va., Jan. 6 /PRNewswire-FirstCall/ -- Halifax Corporation
(Amex: HX) today announced that it has been awarded new technology services
business totaling $7.1 million. It signed $3.8 million in contracts with
several nationwide commercial accounts for high-availability hardware
maintenance services that will be delivered over the next 24 months. Halifax
also announced contracts totaling $3.3 million for secure network services for
the Department of Defense, including the U.S. Army and the intelligence
community, with work to be performed over the coming year.
Charles McNew, president and CEO, noted, "Our third quarter, completed on
December 31, 2003, was quite strong from a bookings standpoint, and our
visibility on the near-term pipeline of potential new business is encouraging.
Our recognition as a reliable and trusted partner to the global service
enterprise maintenance provider community continues to position the Company
for meaningful growth opportunities."
McNew noted that the recent Microserv acquisition was successfully
integrated during the third quarter. "The acquisition has been positive, and
we continue to evaluate certain other strategic acquisition candidates.
"We enter 2004 with a growing stable of satisfied customers, a dedicated
field force, and a strategic direction within the enterprise maintenance
solutions marketplace that positions our Company for ongoing improvement in
shareholder value," he added.
Founded in 1967, Halifax Corporation is an enterprise maintenance
solutions company providing a wide range of technology services to commercial
and government customers throughout the United States. The Company's
principal products are high availability hardware maintenance services,
technology deployment and integration services, and secure network program
services. More information on Halifax can be found at http://www.hxcorp.com.
Certain statements made by the Company which are not historical facts may
be considered forward-looking statements, including, without limitation,
statements as to trends, management's beliefs, views, expectations and
opinions, which are based upon a number of assumptions concerning future
conditions that ultimately may prove to be inaccurate. Such forward-looking
statements are subject to risks and uncertainties and may be affected by
various factors that may cause actual results to differ materially from those
in the forward-looking statements. For further information that could affect
the Company's financial statements, please refer to the Company's reports
filed with the Securities and Exchange Commission.
SOURCE Halifax Corporation
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Related links:
http://www.hxcorp.com
Company News On-Call:
http://www.prnewswire.com/comp/391950.html
CONTACT:
Investor relations information: Karen
Vahouny of Qorvis Communications, +1-703-744-7809, or
kvahouny@qorvis.com, for Halifax Corporation
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