ROCKVILLE, Md.--(BUSINESS WIRE)--Paradigm Holdings, Inc. (OTCBB: PDHO) (“Paradigm” or the “Company”), a provider of comprehensive information technology and cyber security solutions for Federal Government enterprises, announced today that it has been awarded a Blanket Purchase Agreement (BPA) for a DOD-wide Enterprise Software Agreement to provide Disaster Recovery Software Solutions. This BPA is open to all Department of Defense (DOD) Components, including the Office of the Secretary of Defense (OSD), the Military Departments, the Chairman of the Joint Chiefs of Staff, the Unified Combatant Commands, the Inspector General of the Department of Defense (DOD IG), the Defense Agencies, the DOD Field Activities, the U. S. Coast Guard, NATO, the Intelligence Community and FMS with a Letter of Authorization. Although there is no guaranteed minimum value, under this BPA, the Company may compete for delivery orders with an aggregate value not to exceed $49 million over the life of the BPA.
Paradigm’s Mission Resilience analysts will be available to assist in all phases of the OpsPlanner™ implementation process or agency COOP/ITDR planning and program management via this DOD-wide BPA. OpsPlanner is a software tool that allows users to collaborate, create, plan, and manage business recovery, crisis management, and automated emergency notification plans over the Web. In addition to the software and professional services, Paradigm will be able to provide support, maintenance, and on-site training.
Anthony Verna, Paradigm Senior Vice President, stated, “Assuring the readiness and resiliency of the DOD Enterprise Software infrastructure is a core part of Paradigm’s strategy. This DOD-wide BPA will provide the contractual vehicle by which Paradigm can further exhibit this commitment.”
Peter B. LaMontagne, Paradigm President and CEO, commented, "We are excited about our latest prime contract award and the opportunity to safeguard yet another facet of the DOD mission. We are currently supporting OpsPlanner deployments in other Federal agencies and we look forward to bringing this experience to DOD customers.”
About Paradigm Holdings, Inc.
Paradigm Holdings, Inc., (www.paradigmsolutions.com) is a provider of information technology (IT) and business solutions for U.S. Federal Government enterprises. Paradigm specializes in comprehensive information assurance solutions involving cyber security and forensics as well as continuity of operations and disaster recovery planning. The Company also provides systems engineering and IT infrastructure support solutions. Headquartered in Rockville, Maryland, the Company currently employs approximately 200 people.
Safe Harbor Statement
This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended, and is subject to the safe harbor created by those sections. Paradigm assumes no obligation to update the information contained in this press release. Future results for Paradigm may be affected by its ability to continue to implement its government technology solutions, its dependence on the federal government and state and local governments and other federal government contractors as its major customers, timely passage of components of the federal budget, timely obligations of funding by the federal and state governments, its dependence on procuring, pricing and performing short-term government contracts, its dependence on hiring and retaining qualified professionals, potential fluctuations in its quarterly operating results, including seasonal impacts, its dependence on certain key employees and its ability to timely and effectively integrate the businesses it may acquire. For further information about forward-looking statements and other Paradigm specific risks and uncertainties please refer to recent SEC filings for Paradigm, which are available at www.sec.gov.