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Technology Stocks : VSE Corp (VSEC)--turnaround is about complete
VSEC 180.30-0.3%12:12 PM EST
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To: Paul Lee who wrote ()6/16/1999 3:02:00 PM
From: Paul Lee   of 97
 
VSE Subsidiary Wins USPS Contract

ALEXANDRIA, Va., June 16 /PRNewswire/ -- Human Resource Systems, Inc. (HRSI), a subsidiary of VSE Corporation (VSE), was awarded a contract to support the United States Postal Service. If all options are exercised, the contract represents potential revenues of approximately $27 million based on the level of work currently funded.

Under the contract, HRSI professional and technical employees support the Facilities Services Organizations of the United States Postal Service at locations nationwide. This is a continuation of work that HRSI currently performs, with HRSI employees co-located with USPS employees at 15 offices around the country.

"We are pleased to expand our corporate commitment to the Postal Service," said Don Ervine, VSE's Chairman and Chief Executive Officer. "HRSI and VSE have continuously provided professional services to the Postal Service for more than 20 years."

"This contract win is attributable to our outstanding employees who support the Postal Service at customer sites and at our headquarters," added HRSI President Mark Robin. "We are honored to continue providing support services for this vital USPS functional area."
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