DRC Appoints Paul Strasser as Senior Vice President of Strategic Development
26 Abril 2010 - 8:01AM
Dynamics Research Corporation (Nasdaq:DRCO), a leading provider of
innovative management consulting, engineering, and technology
solutions to federal and state governments, today announced that
Paul Strasser has joined DRC as Senior Vice President of Strategic
Development. In this newly formed position Strasser will be
responsible for developing new business growth strategies that will
further expand DRC's presence with federal government customers,
including the Department of Homeland Security, the Department of
Defense, civilian and intelligence agencies. Strasser will
report to Jim Regan, DRC's president and chief executive officer.
"I am very pleased and excited to have Paul join DRC's senior
management team in a critical leadership role focused on
accelerating growth in our target federal markets. Paul's
impressive track record of success in developing new business fits
well with DRC's extensive portfolio of flexible contract vehicles
and proven solutions. It's a winning combination," said
Regan.
Strasser has more than 28 years of industry experience in senior
management positions focused on developing technology services
business with Federal Government customers. Most recently he
served as Chief Operating Officer for Pragmatics, Inc. During his
tenure of leadership, Pragmatics experienced five-fold organic
growth from $31 million in FY 2004 to approximately $145 million,
in FY 2010.
Prior to Pragmatics, Strasser served 19 years with Titan
Corporation and its predecessor companies, providing business
development and management oversight for a wide variety of
organizations concluding with his position as vice president and
division general manager for Titan Corporation's Enterprise
Services and Solutions Sector. Throughout his career,
Strasser has focused on delivering mission-critical information
technology services and solutions and has led capture efforts for
several large contracts, including some in excess of $1 billion in
awarded value.
"I am looking forward to joining DRC's growing team in
Washington, D.C. As a leading company in the government
technology services industry DRC has strong capabilities, a highly
skilled staff, and an enviable reputation for delivering high
quality services that exceed customer's expectations," said
Strasser. "This is a terrific opportunity. I am confident in
our ability to significantly expand our presence in the high growth
markets we have targeted, including homeland security, healthcare,
high priority defense programs, cyber security, finance and
intelligence agencies."
Strasser is active in several Industry Associations including
AFCEA, the Industry Advisory Council (ACT/IAC) and TechAmerica.
About Dynamics Research Corporation
Dynamics Research Corporation (DRC) provides measurable
performance improvements for government customers through the
delivery of innovative management consulting, engineering and
technology solutions. DRC offers the capabilities of a large
company and the responsiveness of a small company, 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 and the Washington, D.C. region. For
more information please visit our website at 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.
CONTACT: Darrow Associates, Inc.
Investors:
Chris Witty
646.438.9385
cwitty@darrowir.com
Sage Communications (for DRC)
Media:
Marisa Hagerman
703.584.5637
marisah@aboutsage.com
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