ALEXANDRIA, Va., Sept. 10 /PRNewswire-FirstCall/ -- Halifax Corporation
(Amex: HX) today announced that it has recently been awarded enterprise
maintenance services contracts totaling $5.1 million. The services will be
provided for several regional and nationwide customers over periods ranging
from four months to five years.
According to Charles McNew, president and chief executive officer, "Our
enterprise maintenance revenues continue to grow at a healthy pace. The
Halifax service delivery model is working well and has helped position the
Company for additional future expansion."
Halifax has aggressively sought to position itself as the "outsourcer's
outsourcer," working to establish relationships with leading integrators and
to offer its IT and enterprise maintenance services on an outsourced basis to
a wider base of customers. Several of the new contracts resulted from
relationships with large integrators, and the Company is actively pursuing
additional relationships with global service providers serving both public and
private sector clients.
Added McNew, "We are extremely pleased to be adding and renewing contracts
in such a challenging economic environment."
The Company recently reported its fifth consecutive quarter of sequential
earnings growth on an expanding revenue base, contract backlog of more than
$70 million, and a strengthening balance sheet.
Founded in 1967, Halifax Corporation is a managed services company
providing a wide range of information technology services to commercial and
government customers throughout the United States. The Company's principal
products are Enterprise Maintenance Solutions, Seat Management/IT Solutions,
and Federal Communications Services.
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, 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:
Karen Vahouny of Qorvis Communications,
+1-703-744-7809, or kvahouny@qorvis.com, for Halifax Corporation
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