DRC Modifies Organizational Structure
ANDOVER, Mass., Dec. 13, 2010 (GLOBE NEWSWIRE) -- Dynamics Research Corporation (Nasdaq:DRCO), a leading provider of innovative management consulting and information technology solutions, today announced a realignment of its operational components by customer, geography and business solution. The organizational changes are designed to maximize customer service, streamline its management structure and provide professional growth opportunities for current and prospective employees.
The new structure goes into effect January 1, 2011, and positions DRC's customer-facing business units into two primary operating groups. The Federal Group, to be led by Paul Strasser and headquartered in Arlington, Va., will focus on the National Capital Region and include four divisions covering Homeland Security, federal civilian agencies, national security and select Department of Defense customers. To support the Company's military business outside the National Capital Region, Robert Smith will lead the Defense Group, based in Andover, Ma.
The company's State and Local business unit, headed by Kathy Baird, will remain unchanged. Concurrently, Jeanne LeFevre will guide the company in establishing a strategic business development capability dedicated to pursuing large contract opportunities."Our ongoing success is a testament to our talented workforce and our ability to apply teamwork and manage change in the face of evolving market demands," said Jim Regan, DRC's chief executive. "The strengthened organizational structure enhances our ability to deliver the highest quality services to our customers and enables us to well position DRC for large federal procurements in our target markets." About Dynamics Research Corporation Dynamics Research Corporation (DRC) provides measurable performance improvements for government customers through the delivery of innovative management consulting, engineering and technology solutions. DRC offers the capabilities of a large company and the responsiveness of a small company, backed by a history of excellence and customer satisfaction. Founded in 1955, DRC is a publicly held corporation (Nasdaq:DRCO) and maintains more than 25 offices nationwide with major offices in Andover, Massachusetts and the Washington, D.C. region. For more information, please visit our website at www.drc.com . Safe harbor statements under the Private Securities Litigation Reform Act of 1995: Some statements contained or implied in this news release, may be considered forward-looking statements, which by their nature are uncertain. Consequently, actual results could materially differ. For more detailed information concerning how risks and uncertainties could affect the company's financial results, please refer to DRC's most recent filings with the SEC. The company assumes no obligation to update any forward-looking information.
CONTACT: Darrow Associates, Inc. Investors: Chris Witty 646.438.9385 firstname.lastname@example.org Sage Communications (for DRC) Media: Matt Warnock 703.207.0941 email@example.com
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