ALEXANDRIA, Va., Dec. 17 /PRNewswire-FirstCall/ -- Halifax Corporation
(Amex: HX) today announced that it has signed a services contract with a
state agency in Pennsylvania for the maintenance and installation of office
and network telecommunications equipment. The contract, which commences on
January 1, 2008, has a three year term with two option years and is
expected to generate annual revenues of approximately $1 million.
Charles McNew, president and chief executive officer, stated, "We are
pleased to expand our field service role within the Commonwealth of
Pennsylvania. The government marketplace is viewed as an exciting area of
expansion for the company.
"Our enhanced back office tool sets and our rapidly expanding product
support capabilities are making wins of this nature more probable. We are
aggressively pursuing several sizeable multi-year deals and plan to be
announcing additional new business in the near term."
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. 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
CONTACT:
Tammy Erwin of Halifax Corporation,
+1-703-658-2422, terwin@hxcorp.com
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