ALEXANDRIA, Va., Dec. 17 /PRNewswire-FirstCall/ -- Halifax Corporation (AMEX:HX) today announced that it has signed a services contract with a state agency in Pennsylvania for the maintenance and installation of office and network telecommunications equipment. The contract, which commences on January 1, 2008, has a three year term with two option years and is expected to generate annual revenues of approximately $1 million.
Charles McNew, president and chief executive officer, stated, "We are pleased to expand our field service role within the Commonwealth of Pennsylvania. The government marketplace is viewed as an exciting area of expansion for the company.
"Our enhanced back office tool sets and our rapidly expanding product support capabilities are making wins of this nature more probable. We are aggressively pursuing several sizeable multi-year deals and plan to be announcing additional new business in the near term." Founded in 1967, Halifax Corporation is an enterprise maintenance solutions company providing a wide range of technology services to commercial and government customers throughout the United States. The Company's principal products are high availability hardware maintenance services, technology deployment and integration services. More information on Halifax can be found at http://www.hxcorp.com/.
Certain statements made by the Company which are not historical facts may be considered forward-looking statements, including, without limitation, statements as to trends, management's beliefs, views, expectations and opinions, which are based upon a number of assumptions concerning future conditions that ultimately may prove to be inaccurate. Such forward-looking statements are subject to risks and uncertainties and may be affected by various factors described in the Risk Factors Section in the Company's Annual Report on Form 10-K that may cause actual results to differ materially from those in the forward-looking statements. For further information that could affect the Company's financial statements, please refer to the Company's reports filed with the Securities and Exchange Commission. DATASOURCE: Halifax Corporation CONTACT: Tammy Erwin of Halifax Corporation, +1-703-658-2422, Web site: http://www.hxcorp.com/
|