This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

GTSI Acquires Information Systems Consulting Group, Inc.

HERNDON, Va., Aug. 16, 2011 /PRNewswire/ -- GTSI Corp. (NASDAQ: GTSI), a systems integrator, solutions and services provider to federal, state and local governments, announced today that it has completed the acquisition of Information Systems Consulting Group, Inc. (InSysCo), a privately held Federal IT professional service provider.

(Logo: http://photos.prnewswire.com/prnh/20070712/GTSILOGO )

This acquisition expands GTSI's professional services capabilities in the areas of software and database development and maintenance.  Sterling Phillips, GTSI's President and Chief Executive Officer added, "The acquisition of InSysCo represents a significant step in executing our strategy of growing the professional services component of our business.  With their CMMi Level 3 certification and long history of supporting software development at the Internal Revenue Service, InSysCo brings a new dimension of technical capability to GTSI's ability to deliver comprehensive information technology solutions to our customers."

InSysCo is headquartered in Fredericksburg, Virginia and has more than 110 employees providing software development and support services to the Federal Civilian marketplace.  The company has been independently appraised at Capability Maturity Model Integration for Development (CMMI) Level 3.  InSysCo was recently awarded a Total Information Processing Support Services 4 (TIPSS-4) Prime contract by the Department of Treasury and was recognized as the 2010 Treasury Small Business Contractor of the Year.  All of the work under InSysCo's current contracts is full-and-open.  Their largest customer is the IRS.

Bill Johnson, InSysCo's Co-Founder and Chief Strategy Officer said, "We are excited to be joining GTSI with its established brand and long history in the Federal marketplace."  Danielle Johnson, InSysCo's President added, "GTSI shares our commitment to the highest level of customer service and their resources will help fuel InSysCo's growth."

About GTSI Corp.

GTSI (NASDAQ: GTSI) is a leading provider of technology solutions to federal, state, and local governments. Founded in 1983, the company has helped meet the unique IT needs of more than 1,700 governmental agencies nationwide. GTSI professionals draw on their deep knowledge, strategic partnerships, more than 740 industry certifications, and customer service to guide agencies in selecting the most cost-effective technology available. GTSI has extensive capabilities and past performance in data center, networking, collaboration, security, and cloud computing solutions. In addition, GTSI's advanced engineering, integration, support, and financial services -- and broad portfolio of contracts -- ease the planning, purchasing, and deployment of solutions, and facilitates the management of mission-critical IT throughout the lifecycle. Headquartered in Herndon, Va., GTSI has approximately 400 employees and reported revenue of $666.7 million for the 12 months ended Dec. 31, 2010. For more information visit the company's website at www.gtsi.com.

GTSI and GTSI.com are registered trademarks of GTSI Corp. in the U.S. and other countries.  All trade names are the property of their respective owners.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,135.72 +38.82 0.21%
S&P 500 2,101.04 +2.51 0.12%
NASDAQ 4,982.8090 +15.6680 0.32%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs