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Technology Stocks : SPSC- Spectrum Sciences and Software Holdings Corp.
SPSC 82.24-20.8%Oct 31 9:30 AM EDT

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From: scooter22757/20/2005 8:50:54 AM
   of 25
 
Press release from 3 weeks ago.

Press Release Source: Spectrum Sciences & Software Holdings Corp.

Horne Engineering Awarded Additional Tasks Supporting Ground-Based Midcourse Missile Defense Program in Alaska
Wednesday June 29, 8:00 am ET

FALLS CHURCH, Va.--(BUSINESS WIRE)--June 29, 2005--Spectrum Sciences & Software Holdings Corp. (OTCBB:SPSC - News) announced today that its wholly owned subsidiary, Horne Engineering Services, LLC, has been awarded contract modifications that extend its onsite support to the ground-based midcourse missile defense (GMD) program at Fort Greely, Alaska. Horne Engineering has supported the GMD Program since January 2003, and the new work increases the value of this support to $2.3 million.
A major component of U.S. efforts to defend the nation against ballistic missile attacks, the $400-million-plus GMD program is focused on developing capabilities for intercepting long-range missiles in the midcourse stage of flight. With the help of several contractors, the Missile Defense Agency and the U.S. Army Corps of Engineers have been constructing key facilities for the GMD system. Horne Engineering has been providing expertise in the areas of contract administration, quality assurance, and project controls to the Army Corps of Engineers, Resident Engineer's Office, at Fort Greely.

Horne Engineering is a technology and technical engineering solutions company whose primary service areas are national security, energy and environment, and transportation.

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 (http://www.horne.com/), Spectrum Sciences & Software, Inc. (http://www.specsci.com), M&M Engineering (http://www.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
Steve Cook, 800-368-5278 ext. 44
Steve.cook@specsci.com

Source: Spectrum Sciences & Software Holdings Corp.
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