ANDOVER, Mass., June 26, 2013 (GLOBE NEWSWIRE) -- Dynamics Research Corporation (Nasdaq:DRCO), a leading technology and management consulting company focused on driving performance and results for government clients, today announced the addition of Eric Wolf as the vice president and general manager of its Homeland Security Solutions Division. Mr. Wolf brings over 25 years of industry experience in executive management, technical, and research and development roles within high performing organizations supporting federal, civilian, defense, and state and local agencies. Mr. Wolf will be responsible for leading the Division in its support of homeland security customers in critical areas such as IT policy and planning, enterprise technology architecture, cyber security, information security performance management, and systems engineering. Homeland security is one of DRC's key growth markets representing 13 percent of its annual revenue. DRC supports every major component of the Department of Homeland Security from transportation security to law enforcement and intelligence activities. "Eric is truly a visionary in the government technology marketplace," said Jim Regan, DRC chairman and chief executive officer. "His executive management experience with leading companies will be a tremendous asset to DRC and our homeland security clients." Prior to joining DRC, Mr. Wolf spent 11 years with L-3 Communications and its predecessor companies in a number of leadership positions including serving as the vice president of an IT services line of business which he grew to over $69M in annual sales. "Being at DRC will allow me to tackle some of the most pressing priorities in homeland security and contribute to programs and operations in areas such as cyber security and border protection that are vital to our nation's defense," said Eric Wolf. Mr. Wolf began his career as a software engineer at E-Systems, acquired by Raytheon, where he successfully developed an innovative product and associated line of business for three dimensional visualization and de-confliction of military battle space. Mr. Wolf earned a bachelor degree from George Washington University School of Engineering and Applied Science and completed The General Managers Program at Harvard Business School.
About Dynamics Research CorporationDynamics Research Corporation (DRC) provides technology and management consulting solutions focused on driving performance, process and results for government clients. DRC offers innovative solutions and delivers rock solid results. DRC has large company capabilities and small company agility. 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 . Certain statements contained in this news release, which are not historical facts or are related to future plans, events, revenues and earnings expectations, objectives and outlooks are forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and, by their nature, are uncertain and subject to a number of risks and uncertainties that could adversely affect the Company's results. We can provide no assurance that these statements will prove to be correct. Consequently, actual results could materially differ from these statements. For more detailed information concerning how these risks and uncertainties could affect the Company's financial results, please refer to DRC's most recent forms 10-K and 10-Q and other documents filed with the Securities and Exchange Commission. Further, the Company is under no duty or obligation to update or revise any forward looking statements as a result of events or new information.
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