Dyntek Wts A (MM) (NASDAQ:DYTKW)
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DynTek Awarded $750,000 Voice-over-IP Contract
IRVINE, Calif., Nov. 10 /PRNewswire-FirstCall/ -- DynTek, Inc.
(NASDAQ:DYTKNASDAQ:DYTKPNASDAQ:DYTKW), a leading provider of professional
technology services and IT security solutions, today announced that one of
North America's largest manufacturers of specialty building materials has
awarded Redrock Communications, a DynTek company, a $750,000 contract to build
and operate a converged network infrastructure, including voice-over-IP
hardware, software and services.
"This contract is a significant milestone for DynTek, since it represents the
first multi-hundred thousand dollar voice-over-IP contract to close since our
acquisition of Redrock just a few weeks ago," stated Steve Ross, DynTek's chief
executive officer. "With the addition of premier voice-over-IP capabilities,
we now provide a more complete and integrated solution that we can leverage for
our customers nationwide."
DynTek was selected to provide a comprehensive converged network solution that
includes IP telephony, unified messaging and voice-over-IP access for over 50
remote branch offices nationwide. DynTek will provide a turnkey solution that
encompasses hardware, software, professional services and technical support.
"Converged network solutions continue to be a key catalyst for the sustained
growth of our business and this award further demonstrates our ability to
provide these solutions on a national scale," said Bob Murphy, DynTek's vice
president of sales. "We are thrilled to launch this project in Southern
California and build a collaborative communications system that will have an
immediate, positive impact on our client's operations."
About DynTek
DynTek is a leading provider of professional technology services to government,
education and mid-market commercial customers in the top IT markets nationwide.
The company provides solutions that address the critical business needs of
organizations today, such as IT security, voice and data convergence (VOIP),
enterprise access and technology management. Our practice areas incorporate an
approach and methodology derived from over 18 years of experience in the
assessment, design, implementation, management and support of technology
solutions. For more information, visit http://www.dyntek.com/.
Forward-Looking Statements
This press release contains certain 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, which are intended to
be covered by the safe harbors created thereby. Investors are cautioned that
certain statements in this release are "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995 and involve
known and unknown risks, uncertainties and other factors. Such uncertainties
and risks include, among others, success in reaching target markets for
services and products in a highly competitive market and the ability to attract
future customers, the ability to finance and sustain operations, including the
ability to maintain the Textron Factoring Facility and/or the amended Laurus
Funds Note when either becomes due, respectively, or to replace it with
alternative financing, the ability to raise equity capital in the future,
despite historical losses from operations, the ability to fulfill the Company's
obligations to third parties, and ability to resolve successfully certain
ongoing litigation over contract performance, the size and timing of additional
significant orders and their fulfillment, the ability to turn contract backlog
into revenue and net income, the continuing desire of state and local
governments to outsource to private contractors, the ability to successfully
integrate ITI and Redrock, the ability to continue to implement an acquisition
growth strategy, the ability to achieve financial targets, the retention of
certain key managers, the performance of successful government and commercial
technology services, the ability to develop and upgrade our technology, and the
continuation of general economic and business conditions that are conducive to
governmental outsourcing of service performance and the acquisition of other
services and products. The Company has no obligation to publicly release the
results of any revisions, which may be made to any forward-looking statements
to reflect anticipated or unanticipated events or circumstances occurring after
the date of such statements.
DATASOURCE: DynTek, Inc.
CONTACT: Linda Ford of DynTek, Inc., +1-949-798-7215,
Web site: http://www.dyntek.com/