ALEXANDRIA, Va., Feb. 25 /PRNewswire-FirstCall/ -- Halifax Corporation
(Amex: HX) today announced that it has signed a nationwide maintenance and
support services contract with a national kiosk vending machine company.
The contract has an initial term of two years and is expected to generate
annual revenues in excess of $1 million.
Charles McNew, president and chief executive officer, stated, "We have
diligently pursued this new customer and new market and we are enthusiastic
regarding our ability to differentiate our nationwide support capabilities.
Halifax has made significant investments in proprietary tool sets which
have generated enhancements to our back office service delivery model and
our logistics services platform. These investments have enabled us to
continue broadening the skill sets offered by our talented nationwide field
force and also have facilitated the development of a new suite of logistics
services.
Certain niches of the enterprise maintenance solutions marketplace
along with our rapidly evolving enterprise logistics solutions capabilities
are continuing to afford our company some interesting upside opportunities
and we are aggressively pursuing several additional multi-year
transactions."
Founded in 1967, Halifax Corporation is an enterprise logistics and
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 enterprise logistics solutions and high
availability hardware maintenance 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 described in the Risk Factors Section in
the Company's Annual Report on Form 10-K 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
http://www.prnewswire.com/comp/391950.html/
CONTACT:
Tammy Erwin of Halifax Corporation,
+1-703-658-2422, terwin@hxcorp.com
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