EX-99.1
3
a07-9313_2ex99d1.htm
EX-99.1
Exhibit
99.1
3101 Wilson
Boulevard, Suite 700
Arlington, VA 22201
News Release
Contacts:
Joelle Pozza, Stanley
(703) 310-3218
Joelle.Pozza@stanleyassociates.com
Brian Muys, Strategic Communications Group
(301) 408-4500 ext. 1086
bmuys@gotostrategic.com
FOR IMMEDIATE RELEASE
Stanley Announces
Acquisition of Techrizon
ARLINGTON,
Va.
-
April 2, 2007
- Stanley, Inc. (NYSE: SXE), a leading
provider of systems integration and professional services to the U.S. federal
government, today announced that it has acquired Lawton, Oklahoma based
Techrizon, LLC,
a premier provider of software, training, simulation and
information security solutions.
Techrizon achieved CMMI
®
Level 5 accreditation, in
partnership with the Software Engineering Center, Fires Software Engineering
Division.
The acquisition combines the specialized expertise of
Techrizon with Stanley's proven systems integration capabilities. The two
companies provide complementary information technology services and together
will offer an expanded suite of solutions for their combined customer base.
"We
are pleased to welcome Techrizon employees, management and customers to the
Stanley family", said Phil Nolan, Stanley's chairman, president and CEO. "Techrizon
has been a valued partner, and like Stanley, provides quality results to its
customers day in and day out".
Techrizon
has annual revenues of approximately $29 million and 300 employees in Oklahoma,
Georgia, New Jersey, Virginia, Washington, South Korea and Iraq, who support
the U.S. Army's Communications-Electronics Life Cycle Management Command, the
Fires Center of Excellence and the Field Artillery School. The acquisition
reinforces Stanley's strategy to expand its presence in key markets positively
impacted by the Base Realignment and Closure (BRAC) process.
About
Stanley
Stanley (NYSE: SXE) is a provider of information technology services and
solutions to U.S. defense and federal civilian government agencies. Stanley
offers its customers systems integration solutions and expertise to support
their mission-essential needs at any stage of program, product development or
business lifecycle through five service areas: systems engineering, enterprise
integration, operational logistics, business process outsourcing, and advanced
engineering and technology. Headquartered in Arlington, Va., the company has
more than 2,400 employees at over 100 locations in the U.S. and
-more-
worldwide.
In 2007, Stanley was recognized by FORTUNE®
magazine as one of the "100 Best Companies to
Work For." Please visit www.stanleyassociates.com for more information.
Any
statement in this press release about future expectations, plans and prospects
for Stanley, Inc., including statements about the expected benefits of this
acquisition, and other statements containing the words "will", "estimates", "anticipates",
"plans", "expects" and similar expressions, constitute forward-looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995. Actual results may differ materially from those indicated by such forward-looking
statements as a result of various important factors, including risks of
successfully integrating Techrizon's operations into Stanley, risks of
achieving synergies from the transaction, and those factors discussed in our
Registration Statement on Form S-1 filed with the Securities and Exchange
Commission (SEC) on May 12, 2006, as amended, and other filings with the SEC.
In addition, the forward-looking statements included in this press release
represent our views as of April 2, 2007. We assume no obligation to publicly
update or revise any forward-looking statements made herein or any other
forward-looking statements made by us, whether as a result of new information,
future events or otherwise.
# # #
2

EX - 99 . 1 3 a07 - 9313 _ 2ex99d1 . htm EX - 99 . 1 Exhibit 99 . 1 3101 Wilson Boulevard , Suite 700 Arlington , VA 22201 News Release Contacts : Joelle Pozza , Stanley ( 703 ) 310 - 3218 Joelle.Pozza@stanleyassociates.com Brian Muys , Strategic Communications Group ( 301 ) 408 - 4500 ext . 1086 bmuys@gotostrategic.com FOR IMMEDIATE RELEASE Stanley Announces Acquisition of Techrizon ARLINGTON , Va . - April 2 , 2007 - Stanley , Inc . ( NYSE : SXE ) , a leading provider of systems integration and professional services to the U . S . federal government , today announced that it has acquired Lawton , Oklahoma based Techrizon , LLC , a premier provider of software , training , simulation and information security solutions . Techrizon achieved CMMI ® Level 5 accreditation , in partnership with the Software Engineering Center , Fires Software Engineering Division . The acquisition combines the specialized expertise of Techrizon with Stanley 's proven systems integration capabilities . The two companies provide complementary information technology services and together will offer an expanded suite of solutions for their combined customer base . " We are pleased to welcome Techrizon employees , management and customers to the Stanley family " , said Phil Nolan , Stanley 's chairman , president and CEO . " Techrizon has been a valued partner , and like Stanley , provides quality results to its customers day in and day out " . Techrizon has annual revenues of approximately $ 29 million and 300 employees in Oklahoma , Georgia , New Jersey , Virginia , Washington , South Korea and Iraq , who support the U . S . Army 's Communications - Electronics Life Cycle Management Command , the Fires Center of Excellence and the Field Artillery School . The acquisition reinforces Stanley 's strategy to expand its presence in key markets positively impacted by the Base Realignment and Closure ( BRAC ) process . About Stanley Stanley ( NYSE : SXE ) is a provider of information technology services and solutions to U . S . defense and federal civilian government agencies . Stanley offers its customers systems integration solutions and expertise to support their mission - essential needs at any stage of program , product development or business lifecycle through five service areas : systems engineering , enterprise integration , operational logistics , business process outsourcing , and advanced engineering and technology . Headquartered in Arlington , Va . , the company has more than 2,400 employees at over 100 locations in the U . S . and - more - worldwide . In 2007 , Stanley was recognized by FORTUNE ® magazine as one of the " 100 Best Companies to Work For . " Please visit www.stanleyassociates.com for more information . Any statement in this press release about future expectations , plans and prospects for Stanley , Inc . , including statements about the expected benefits of this acquisition , and other statements containing the words " will " , " estimates " , " anticipates " , " plans " , " expects " and similar expressions , constitute forward - looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 . Actual results may differ materially from those indicated by such forward - looking statements as a result of various important factors , including risks of successfully integrating Techrizon 's operations into Stanley , risks of achieving synergies from the transaction , and those factors discussed in our Registration Statement on Form S - 1 filed with the Securities and Exchange Commission ( SEC ) on May 12 , 2006 , as amended , and other filings with the SEC . In addition , the forward - looking statements included in this press release represent our views as of April 2 , 2007 . We assume no obligation to publicly update or revise any forward - looking statements made herein or any other forward - looking statements made by us , whether as a result of new information , future events or otherwise . # # # 2