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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Jon who wrote (19842)1/12/2000 11:47:00 AM
From: OFW   of 150070
 
GTSI and Red Hat announcement . . .
CHANTILLY, Va.,
Jan 12, 2000 /PRNewswire via COMTEX/ --
Government
Technology Services, Inc. (Nasdaq: GTSI) today announced that the
Company and Red Hat Inc. are in the final stages of negotiating a
formal relationship between the two companies permitting GTSI to sell
Red Hat's Linux operating system to the federal government. In addition
to the operating system, GTSI also intends to offer the government a
full range of support services.

As proof of a growing demand for Linux in the federal arena, GTSI
pointed to third quarter 1999 revenue of approximately $2 million in
sales of Linux products and related hardware and services.

The Company plans to add Linux products and services to at least two of
the GWAC (Government Wide Acquisition Contracts) contracts it holds --
NIH ECS-2 (National Institutes of Health -- Electronic Computer Store)
and NASA's SEWP-2 (Scientific and Engineering Workstation Procurement).

Except for historical information, all of the statements, expectations
and assumptions contained in the foregoing are "forward-looking
statements" (within the meaning of the Private Securities Litigation
Reform Act of 1995) that involve a number of risks and uncertainties.
It is possible that the assumptions made by management -- including,
but not limited to, any contemplated revenue from the relationship --
may not materialize. Actual results may differ materially from those
projected or implied in any forward- looking statements. In addition to
the above factors, other important factors that could cause actual
results to differ materially are those listed in the Company's most
recent report on Form 10-K and included from time to time in other
documents filed by the Company with the Securities and Exchange
Commission.

GTSI, government's 1st choice for IT solutions, is the largest
dedicated Federal government provider of computer products and
broad-based information technology solutions. The Company offers access
to over 150,000 information technology products from more than 2,100
manufacturers. Headquartered in the Washington, D.C. metropolitan area,
GTSI provides products and services to Federal, state and local
government customers worldwide. Further information about GTSI is
available at www.gtsi.com.

GTSI is a registered service mark of Government Technology Services,
Inc. All other trademarks and service marks are proprietary to their
respective owners.

SOURCE Government Technology Services, Inc.
(C) 2000 PR Newswire. All rights reserved.
prnewswire.com
-0-
CONTACT: Fern Krauss of GTSI, 703-502-2054, or 301-424-9140, or
Fern_Krauss@gtsi.com

WEB PAGE: gtsi.com
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