DRCO Dynamics Research Corp. (MM)

Five-Year Contract with Department of Human Services Has Three One-Year Options for Potential Additional $16.4 Million ANDOVER, Mass., April 3 /PRNewswire-FirstCall/ -- Dynamics Research Corporation (NASDAQ:DRCO) announced that it had been selected by Colorado's Department of Human Services (CDHS) to continue providing infrastructure support and management of the statewide CDHS County Infrastructure under a new five-year contract worth $22.5 million. The new contract, when finalized, will continue an existing nine-year relationship between DRC and CDHS. It will contain three one-year options with additional potential revenue of $16.4 million beyond the initial five-year contract, raising the total potential value of this contract to $38.9 million. "This win reflects DRC's partnership with the state of Colorado and our successful past performance and commitment to providing pragmatic, evolutionary technology solutions," said DRC senior vice president and general manager Tom Kelly. "Since 1997, CDHS has been one of the premier programs in our Systems Engineering and Information Technology Group. We look forward to continue providing the most advanced and creative solutions possible to help CDHS achieve its important mission in an affordable manner." "In recent years DRC began implementing IT Infrastructure Library (ITIL) best management practices into support and management of the CDHS's County Infrastructure, generating notable service improvements and demonstrating DRC's commitment to the customer's long-term success. Over the next five years we will implement enhancements to further advance service delivery, support, customer satisfaction and quality assurance," Kelly added. The CDHS County Infrastructure supports more than 7,000 county and state workers with web-based access to applications supporting child welfare, eligibility, child support and child care. Infrastructure support services provided by DRC include operation and maintenance of enterprise wireless and land-based networks, servers and storage; disaster recovery; databases; and related software distribution for the thousands of workers using the system. About Dynamics Research Corporation DRC is headquartered in Andover, Massachusetts and has major offices in Vienna, Virginia and Fairborn, Ohio. The company has 27 additional field offices throughout the United States providing direct support to all branches of the Department of Defense and several State Government Agencies. Dynamics Research Corporation is an innovative solutions provider that partners with its customers to apply proven processes and technologies. For more than 50 years, DRC has delivered technical and information technology services that enhance the performance and cost effectiveness of its customers' mission critical systems. For additional information about DRC 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: Elise Caffrey, Vice President & Treasurer (978) 289-1545 Media: Geoff Livingston (703) 748-0300, Ext. 203 DATASOURCE: Dynamics Research Corporation CONTACT: Investors: Elise Caffrey, Vice President & Treasurer of Dynamics Research Corporation, +1-978-289-1545, ; or Media: Geoff Livingston for Dynamics Research Corporation, +1-703-748-0300, Ext. 203, Web site: http://www.drc.com/

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