HERNDON, Va., Aug. 3, 2011 /PRNewswire/ -- GTSI, a leading provider of information technology to federal, state and local governments, announced today that its first GTSI 5K Charity Run/Walk event will be held on October 15, 2011 at 8:30 a.m. Hosted by GTSI and DC Road Runners, this 5K event will follow a course in the community surrounding the company's headquarters in Herndon, VA. (Logo: http://photos.prnewswire.com/prnh/20070712/GTSILOGO ) This charity event is open to everyone and GTSI is expecting hundreds of participants from the IT industry, government and the local community. All proceeds from the event will be donated to the Wounded Warrior Project, which provides unique, direct programs and services to meet the needs of injured service members. "We are extremely grateful to our men and women in uniform who put themselves in harm's way to protect our freedoms," said Sterling Phillips, CEO of GTSI. "This charity run/walk event is just one way in which the employees of GTSI, and our colleagues in the IT industry, are working to help the returning wounded get the assistance they need as they recover and transition back to civilian life." Corporate sponsors confirmed for the event include HP, Arrow, Tech Data, HP, Carahsoft, Cavalier Logistics, Lynden Logistics, Ingram, Citrix, Intel, APC, Panasonic, Liberty Mutual and Generous George's. All participants receive a technical race T-shirt, and awards will be given to the top three male and female finishers and top race team. Early registration is $20, and day of registration is $25. Registration forms and race information can be found at www.GTSIcharity5K.com. About GTSI 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.
Shares of GTSI Corporation (Nasdaq:GTSI) have taken a tremendous swing upward. The stock is trading at $7.72 as of 9:30 a.m. ET, 47.3% above Friday's closing price of $5.24. Volume is at 86,253, 5.9 times the daily average of 14,600.