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TEAM Canadian Nexus Team Ventures Corp

0.07
0.00 (0.00%)
24 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Canadian Nexus Team Ventures Corp CSE:TEAM CSE Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.07 0.075 0.10 0 01:00:00

TechTeam Awarded Three USDA Contracts Worth $1.8 Million

13/10/2008 3:32pm

PR Newswire (US)


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TechTeam Government Solutions to Continue Portal Design and Development for USDA's Agricultural Marketing Service CHANTILLY, Va., Oct. 13 /PRNewswire-FirstCall/ -- TechTeam Government Solutions, Inc., a wholly-owned subsidiary of TechTeam Global, Inc. (NASDAQ: TEAM), a provider of information technology (IT) services to government and Fortune 1000 customers, announced today that it will build three new portals for the United States Department of Agriculture (USDA) Agricultural Marketing Service (AMS). This award falls under a five-year agreement issued by AMS in December of 2005. The $1.8 million in contracts are for the design and development of AMS Poultry Market News, Dairy Market News and Cotton Market News portals. This work comes on the heels of TechTeam's requirements analysis and design and costing of the three new portals, which was awarded in July 2007. Prior to this contract award, TechTeam built portals for Fruit & Vegetable and Livestock & Grain Market News. The Market News portals provide current and historic pricing and movement information for individual agricultural commodities, news releases and currency conversion tools; plus National Oceanic & Atmospheric Administration agricultural weather information. It's estimated that 3,000 USDA customers access the Market News on a daily basis to get the latest reports and market information. "USDA relies on Market News portals to provide timely and accurate information to its customers," said David Kriegman, president of TechTeam Government Solutions. "TechTeam understands the importance of this mission, and we'll continue to provide world-class quality service to meet this critical need." About TechTeam Government Solutions, Inc. TechTeam Government Solutions, Inc., a wholly-owned subsidiary of TechTeam Global, Inc., is based in Chantilly, Virginia. The company collaborates with federal, state and local governments to provide comprehensive IT lifecycle support in the areas of infrastructure, information assurance, managed services and application services. For information about TechTeam Government Solutions, Inc., please call 800 275-1177 or visit http://www.techteam.com/governmentsolutions. About TechTeam Global, Inc. TechTeam Global, Inc. is a worldwide provider of information technology, enterprise support and business process outsourcing services to Fortune 1000 corporations, multinational companies, product providers, small and medium-sized companies, and government entities. TechTeam's ability to integrate computer services into a flexible, ITIL-based solution is a key element of its strategy. Partnerships with some of the world's "best-in-class" corporations provide TechTeam with unique expertise and experience in providing information technology support solutions. For information about TechTeam Global, Inc. and its services, call 800-522-4451 or visit our Web sites at http://www.techteam.com/ and http://www.techteam.eu/. TechTeam's common stock is traded on the NASDAQ Global Market under the symbol "TEAM." Safe Harbor Statement The statements contained in this press release that are not purely historical, including statements regarding the Company's expectations, hopes, beliefs, intentions, or strategies regarding the future, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements regarding, among other things, the Company's performance going forward. Forward-looking statements may be identified by words including, but not limited to, "anticipates," "believes," "intends," "estimates," "promises," "expects," "should," "conditioned upon," and similar expressions. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Such factors include, but are not limited to, delays in the implementation of the business; changes in the customer's business or requirements thereof; difficulties in obtaining the customer's knowledge, procedures, or authorizations; and difficulties in providing the service solutions for the customer. All forward-looking statements included in this press release are based on information available to the Company on the date hereof, and the Company assumes no obligation to update any such forward-looking statements. Prospective investors should also review the Company's Reports on Forms 8-K, 10-Q, and 10-K filed with the United States Securities and Exchange Commission, including Management's Discussion and Analysis of Financial Condition and Results of Operations, and the risks described therein from time to time. Contacts: TechTeam Government Solutions, Inc. Gary Mears (703) 481-7398 Boscobel Marketing Communications Jessica Klenk (301) 588-2900 Ext. 121 Boscobel Marketing Communications Michael Rudd (301) 588-2900 Ext. 115 DATASOURCE: TechTeam Global, Inc. CONTACT: Gary Mears, TechTeam Government Solutions, Inc., +1-703-481-7398, ; Jessica Klenk, +1-301-588-2900 Ext. 121, , or Michael Rudd, +1-301-588-2900 Ext. 115, , both of Boscobel Marketing Communications Web site: http://www.techteam.com/ http://www.techteam.eu/ http://www.techteam.com/governmentsolutions

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