DRCO Dynamics Research Corp. (MM)

- Trusted Solutions Provider Selected for Enterprise IT and Management Support Under $50 Billion ID/IQ Contract - ANDOVER, Mass., Aug. 1 /PRNewswire-FirstCall/ -- Dynamics Research Corporation (NASDAQ:DRCO), a leading provider of innovative engineering, technical and information technology services and solutions to federal and state governments, today announced that it was awarded a General Services Administration (GSA) Alliant Government-Wide Acquisition Contract (GWAC). Under the terms of the contract, DRC will offer a broad range of information technology (IT) services and business solutions to the Department of Defense, civilian agencies, and the intelligence community. DRC was one of 29 companies awarded an indefinite delivery, indefinite quantity (ID/IQ) contract with a ceiling value of $50 billion to provide integrated information technology services and solutions, including infrastructure, applications and IT management. The GSA anticipates the government will use this vehicle to incorporate new and emerging technologies. The contract has a five-year base performance period and one five-year option period. "DRC is committed to providing an outstanding array of solutions to a wide range of customers across the federal sector with the agility, expertise and client service they need to meet their mission critical objectives," said James P. Regan, DRC's chairman and chief executive officer. "GSA's award of this contract to DRC is consistent with our position as a preferred provider of integrated, mission-oriented IT solutions. We look forward to helping drive the success of Alliant as a contract vehicle of choice." Alliant will provide federal government agencies with access to a wide selection of streamlined, cost-effective management and information technology services and solutions. The contract will ensure that government agencies receive the most up-to-date technologies and services while complying with federal regulations. About Dynamics Research Corporation Dynamics Research Corporation (DRC) is a leading provider of mission- critical technology management services and solutions for government programs. DRC offers forward-thinking solutions backed by a history of excellence and customer satisfaction. Founded in 1955, DRC is a publicly held corporation (NASDAQ:DRCO) and maintains more than 25 offices nationwide with major offices in Andover, Massachusetts; Vienna, Virginia; and Fairborn, Ohio. For more information please visit our website at http://www.drc.com/. Safe harbor statements under the Private Securities Litigation Reform Act of 1995: Some statements contained or implied in this news release, may be considered forward-looking statements, which by their nature are uncertain. Consequently, actual results could materially differ. For more detailed information concerning how risks and uncertainties could affect the company's financial results, please refer to DRC's most recent filings with the SEC. The company assumes no obligation to update any forward-looking information. CONTACTS: Investors: Dave Keleher SVP and Chief Financial Officer 978.289.1615 Media: Duyen "Jen" Truong, Sage Communications (for DRC) 703.584.5645 DATASOURCE: Dynamics Research Corporation CONTACT: Investors: Dave Keleher, SVP and Chief Financial Officer of Dynamics Research Corporation, +1-978-289-1615, ; Media, Duyen "Jen" Truong, Sage Communications (for DRC), +1-703-584-5645, Web site: http://www.drc.com/

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