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Technology Stocks : SPSC- Spectrum Sciences and Software Holdings Corp.
SPSC 82.16-20.7%3:59 PM EDT

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From: scooter22756/21/2005 11:39:33 AM
   of 25
 
Contract News Released this morning.

Press Release Source: Spectrum Sciences & Software Holdings Corp.

Horne Engineering Awarded Contract with Federal Aviation Administration To Provide Occupational Safety and Health Support
Tuesday June 21, 8:00 am ET

FALLS CHURCH, Va.--(BUSINESS WIRE)--June 21, 2005--Spectrum Sciences & Software Holdings Corp. (OTCBB:SPSC - News) announced today that its wholly owned subsidiary Horne Engineering Services, LLC, has been awarded a contract to provide analytic, technical, and management support to assist the Federal Aviation Administration (FAA) in sustaining an employee safety and health program for the agency. The contract has a one-year base period, with a value of $531,179.99, plus four one-year options. The total potential value of this contract to Horne Engineering is $1.4 million.
Horne Engineering will assist in ensuring that all FAA employees are provided a safe and healthful work environment; developing safety and health policies, programs, and procedures to provide appropriate direction, guidance, and program requirements; monitoring compliance with those policies; and formulating facility and equipment operating safety standards.

Horne Engineering is a technology and technical engineering solutions company whose primary service areas are national security, energy and environment, and transportation. Since 1998, the company has assisted the FAA in developing, implementing, and managing a broad variety of occupational safety and health, environmental compliance, pollution prevention, environmental cleanup, fuel management, energy conservation, and emergency response programs.

About Spectrum Sciences & Software Holdings Corp.

Spectrum Sciences & Software Holdings Corp. is a growth-oriented, customer-focused company that provides an integrated suite of manufacturing, technology, and technical engineering services. The company currently has more than 350 employees within its family of subsidiaries, which include Horne Engineering, horne.com, Spectrum Sciences & Software, Inc., specsci.com, M&M Engineering, mmeng.net, and Coast Engine and Equipment Company (CEECO).

More information about Spectrum Sciences & Software Holdings Corp. can be found at spectrumholdingscorp.com.

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.

Contact:
Spectrum Sciences & Software Holdings Corp., Falls Church
Investor Relations
Steve Cook, 800-368-5278 ext. 44
steve.cook@specsci.com

Source: Spectrum Sciences & Software Holdings Corp.
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