Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : MVSI - AN UNDISCOVERED GEM -- Ignore unavailable to you. Want to Upgrade?

To: Mark Ambrose who wrote (528)	8/22/1998 4:49:00 PM
From: M. Dion	Read Replies (1) \| Respond to of 627

Tell me why this stock is at $6.....Their has got to be something missing. mike

To: Mark Ambrose who wrote (528)	8/25/1998 8:04:00 PM
From: Mark Ambrose	Read Replies (1) \| Respond to of 627

MVSI Press Release - Technet gets contract from "Major U.S. Airline" Here's a link: biz.yahoo.com ---------------------------------------------------------------------- Tuesday August 25, 2:44 pm Eastern Time Company Press Release SOURCE: MVSI, Inc. MVSI Subsidiary Awarded a Contract to Develop A Decision Support Sub-System for a Major U.S. Airline VIENNA, Va., Aug. 25 /PRNewswire/ -- MVSI, Inc. (Nasdaq: MVSI - news), a Washington, D.C. area broad based technology company, announced today that its subsidiary, Technet Computer Services, Inc. (''Technet''), had been awarded a contract to develop and implement a decision support sub-system for a major U.S. airline. The initial scope of the project involves the development of a sub-system designed to provide the airline's information technology team with the capability to monitor all software deployment to include a check system for the security and integrity of the deployed software. This six-digit contract's value to Technet is the potential it provides to the Company for add-ons and other new business opportunities with this major customer. Here again, the level of exposure and experience on this project will be extremely valuable to Technet in its ongoing efforts to pursue other major national-level software development contracts. MVSI Chairman Edward Ratkovich stated, ''Technet continues to make excellent progress in expanding in its customer base, especially for custom software development, SAP and PeopleSoft implementation and Year 2000 remediation services. We expect to see Technet's software programming staff increase significantly in numbers, within the United States, Canada and other overseas locations, before the end of 1998. This contract with a major airline demonstrates the growing success of the Company's efforts to establish itself as a nationally recognized provider of outstanding solutions for complex software development projects for corporations and governments.'' MVSI performs computer software engineering and development for systems applications, including implementing Year 2000 remediation solutions for corporate and government clients. MVSI also integrates and markets proprietary and generic high-end computer system hardware and software products and support services to include technology training in advanced hardware and software systems. Certain statements in this press release, including statements containing the words, ''excellent,'' ''expects,'' ''significant,'' ''growing,'' and similar expressions, constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. There are a number of important factors that could cause the Company's actual results to differ materially from those indicated by such forward-looking statements. Such factors include, but are not limited to: risks in products and technological developments; market acceptance of new products and continuing product demand; the impact of competitive products, services and pricing; and the other factors mentioned in the Company's current and future filings with the Securities and Exchange Commission and public announcements. For additional public information on MVSI, Inc., please contact the company at its principal executive offices at 8133 Leesburg Pike, Suite 750, Vienna, Virginia 22182, telephone 703-356-5353 and 703-356-5354 facsimile. MVSI, Inc.'s Web site is located at www.mvsiinc.com. SOURCE: MVSI, Inc.