SPSC 1.75
(COMTEX) B: Spectrum Sciences Announces $3.7 Million AMRAAM Container Cont
act From the Department of Defense
B: Spectrum Sciences Announces $3.7 Million AMRAAM Container Contract From the D
partment of Defense
FORT WALTON BEACH, Fla., Jan 07, 2004 /PRNewswire-FirstCall via Comtex/ --
Spectrum Sciences & Software Holdings Corp. (OTC Bulletin Board: SPSC) announced
today the award of a multi-year contract from the Department Of Defense,
totaling over $3.7 million. This foreign military sales contract, is for AMRAAM
(Advanced Medium Range Air-to-Air Missile) containers and states, "This is an
extremely urgent requirement concerning public exigency." The order will begin
shipping in March.
(Logo: newscom.com )
Dwight Howard, newly appointed Vice President of Spectrum stated, "Spectrum was
awarded this AMRAAM container contract due to our superior past performance
rating and our technical ability." Howard added, "Our ISO 9001:2000 Quality
Program was a must for landing this multi-year contract." The contract is for
CNU-431/E and CNU-572/E containers and requires delivery of 240 containers per
year, with surge capability to 300 per year.
During times of war, the CNU-431/E allows storage of 4 AMRAAM missiles in an All
Up Round (AUR) configuration. Missiles can then be delivered to the flight line,
pre-positioned in aircraft shelters and loaded directly from the containers to
the aircraft as needed, eliminating intermediate handling required for trailer
loading and unloading. In times of peace, the containers provide physical
protection and a moisture-resistant, controlled environment, providing long-term
protection from rust and corrosion. The CNU-572/E provides the same protection
for AMRAAM warheads during shipment and storage. Spectrum Sciences is proud to
have earned yet another opportunity to deliver quality products, on time and
without defect in support of our military's efforts.
Spectrum Sciences & Software Holding Corp. is headquartered in Fort Walton
Beach, Florida. The Company, founded in 1982, currently has over 130 employees.
We provide full service, quality solutions to complex and diverse matters of
homeland security. Primary markets include engineering services, operation,
maintenance, information technology and manufacturing. We provide and maintain
software model development and safety footprint development to the largest
air-to-ground bombing range (Gila Bend) in the United States. The Information
Technology Division provides a full range of IT services including web site
development and hosting, software development, and GIS services. Our
Manufacturing Division is ISO 9001:2000 qualified and provides a broad array of
manufacturing services for both commercial and Department of Defense customers.
To find out more about Spectrum Sciences (OTC Bulletin Board: SPSC) visit our
website at www.specsci.com
For Investor Relations questions contact: Steve Cook, (steve.cook@specsci.com)
800-368-5278 ext 44.
Forward-Looking Statements
This news release contains forward-looking statements as defined by the Private
Securities Litigation Reform Act of 1995. Forward-looking statements include
statements concerning plans, objectives, goals, strategies, future events or
performance and underlying assumptions and other statements, which are other
than statements of historical facts. These statements are subject to
uncertainties and risks including, but not limited to, risks set forth in
documents filed by the company from time to time with the Securities and
Exchange Commission. All such forward-looking statements, whether written or
oral, and whether made by, or on behalf of, the Company, are expressly qualified
by these cautionary statements and any other cautionary statements which may
accompany the forward-looking statements. In addition, the Company disclaims any
obligation to update any forward-looking statements to reflect events or
circumstances after the date hereof.
SOURCE Spectrum Sciences & Software Holdings Corp.
Photo : newscom.com
CONTACT: Steve Cook, Spectrum Sciences & Software Holdings Corp.,
+1-800-368-5278, ext. 44, or steve.cook@specsci.com
URL: prnewswire.com
specsci.com
Copyright (C) 2004 PR Newswire. All rights reserved.
-0-
KEYWORD: Florida
INDUSTRY KEYWORD: CPR
ARO
OTC
SUBJECT CODE: CON
OTC
*** end of story *** |
