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8-K - FORM 8-K - GTSI CORP | c21599e8vk.htm |
EX-2.1 - EXHIBIT 2.1 - GTSI CORP | c21599exv2w1.htm |
Exhibit 99.1
GTSI acquires Information Systems Consulting Group, Inc.
Acquisition expands professional services capabilities
Acquisition expands professional services capabilities
HERNDON, VA., August 16, 2011 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.
This acquisition expands GTSIs professional services capabilities in the areas of software and
database development and maintenance. Sterling Phillips, GTSIs 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 GTSIs 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 InSysCos current contracts is full-and-open. Their
largest customer is the IRS.
Bill Johnson, InSysCos 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,
InSysCos President added GTSI shares our commitment to the highest level of customer service and
their resources will help fuel InSysCos 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, GTSIs 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 companys 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.
GTSI Contact:
Brian Talbot
Marketing Director
703.502.2301
Brian.talbot@gtsi.com
Brian Talbot
Marketing Director
703.502.2301
Brian.talbot@gtsi.com