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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: TATRADER who wrote (28363)	3/20/2002 4:01:29 PM
From: SouthFloridaGuy	Respond to of 59879

SteelCloud Receives Significant Contract Award from Lockheed Martin DULLES, Va., March 20 /PRNewswire-FirstCall/ -- SteelCloud, Inc. (Nasdaq: SCLD - news), a leader in the development of server appliances, has been selected by Lockheed Martin (NYSE: LMT - news) to supply specialized imaging servers to the Wide Field of View Camera System program that will upgrade the U.S. Postal Service's delivery and carrier sequence bar code sorters. As previously announced on January 24, 2002, SteelCloud received several contracts valued at more than $10.5 million connected to this subcontract project. The servers will be installed in more than 1,600 post office locations over the next two years starting late this summer. ``It gives SteelCloud great satisfaction to be chosen by Lockheed Martin's Distribution Technologies business unit for this important program,'' explained Brian H. Hajost, Executive Vice President for SteelCloud. ``We leveraged every bit of our extensive 14 years of experience to develop the best possible solution for Lockheed Martin and its customer.'' In October of 2000, Lockheed Martin Corp. presented SteelCloud with its highly coveted STAR Supplier Award. The award recognizes SteelCloud as one of the top-performing suppliers to Lockheed Martin. ``SteelCloud's configuration and program management experience are major reasons why we've been able to meet Lockheed Martin's rigorous quality, delivery, cost and management requirements,'' added Ed Spear, President and Chief Operating Officer of SteelCloud. ``It's our goal to continue building on our privileged vendor status within Lockheed Martin to grow our share of business with this worldwide market leader.'' Shipments of the imaging server will begin in SteelCloud's second fiscal quarter ending April 30, 2002. Volume shipments will be made over 12 months beginning in SteelCloud's third fiscal quarter 2002. About SteelCloud SteelCloud is a leading provider of server appliances to technology companies and organizations that develop, implement, and support e-business infrastructure solutions. The company continues to build on its solid 14-year history, delivering complex server solutions to major corporate and public sector enterprises, including some of the world's largest software and IT companies. SteelCloud's comprehensive engineering, product development, and support infrastructure provides a unique capability for rapidly developing cost effective, high performance customer-centric network appliances. SteelCloud can be reached at 703-450-0400. Additional information is available at steelcloud.com or by e-mail at ir@steelcloud.com. ``Safe Harbor'' statement under the Private Securities Litigation Reform Act of 1995: Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward looking statements that involve a number of risks and uncertainties. It is possible that the assumptions made by management are not necessarily the most likely and may not materialize. In addition, other important factors that could cause actual results to differ materially include the following: business conditions and the amount of growth in the computer industry and general economy; competitive factors; ability to attract and retain personnel, including key sales and management personnel; the price of the Company's stock; and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-K and its quarterly reports on Forms 10-Q; and any reports on Form 8-K. SteelCloud takes no obligation to update or correct forward-looking statements. SOURCE: SteelCloud, Inc.