Stanley Awarded $15 Million In New Contracts To Support Nationwide Health Information Network
ARLINGTON, Va., Aug. 12 /PRNewswire-FirstCall/ -- Stanley, Inc. (NYSE: SXE), a leading provider of systems integration and professional services to the U.S. federal government, today announced that it was awarded two time-and-materials contracts valued at $15 million, with exercise of options, by the U.S. Department of Health and Human Services (DHHS), Office of the National Coordinator (ONC). These two awards follow an award from DHHS that the company announced on August 2, 2010, to provide operation and infrastructure support for the Nationwide Health Information Network. All three awards fall under the company's Chief Information Officer – Solutions and Partners 2 Innovations contract with the National Institutes of Health Information Technology Acquisition and Assessment Center (NITAAC).
Under one of the new two-year awards, valued at $7 million, Stanley will develop and maintain a tools and standards repository for the Nationwide Health Information Network to facilitate wider use of the standards and an increased level of interoperability across the nation in health IT. The team will work within the standards lifecycle, streamlining processes and maximizing the re-use of concepts and components through the development of tools that automate process and information flow and the establishment of a repository for stakeholders to access re-usable standards artifacts.Under the second two-year award, valued at $8 million, Stanley will enhance and manage the testing infrastructure for the Nationwide Health Information Network, including developing an infrastructure of rigorous processes and tools needed to confirm that the candidate implementation system conforms to specifications and can interoperate with other conformant solutions. "We are proud to offer these additional capabilities to DHHS as we work toward enhancing the operation of the Nationwide Health Information Network," said Howard Ady, Stanley vice president. "Our tool and testing solutions will help provide the security, scalability and efficiency needed to achieve the operational goals." Under both NITAAC awards, the Nitor Group Ltd., 5AM Solutions, Inc. and Aegis are subcontractors on the Stanley team. Release One joins the team under the award to perform services for the tools and standards repository. The work will take place in Washington, DC. About Stanley Stanley (NYSE: SXE) is a provider of information technology services and solutions to U.S. defense, intelligence and federal civilian government agencies. Stanley offers its customers systems integration solutions and expertise to support their mission-essential needs at any stage of program, product development or business lifecycle through five service areas: systems engineering, enterprise integration, operational support, business process management, and advanced engineering and technology. Headquartered in Arlington, Va., the company has approximately 5,000 employees at over 100 locations in the U.S. and worldwide. Stanley has been recognized by FORTUNE magazine as one of the "100 Best Companies to Work For" from 2007 through 2009. Please visit www.stanleyassociates.com for more information. Any statements in this press release about our expectations about future financial performance, plans and prospects, including statements containing the words "estimates," "anticipates," "plans," "expects" and similar expressions, constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors discussed in our Annual Report on Form 10-K for the fiscal year ended March 31, 2010, as filed with the Securities and Exchange Commission (SEC), and additional filings we make with the SEC. In addition, the forward-looking statements included in this press release represent our views as of the date of this release. Except as required by law, we assume no obligation to update publicly or revise any forward-looking statements made herein or any other forward-looking statements made by us, whether as a result of new information, future events or otherwise. SOURCE Stanley, Inc.
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