SAN ANTONIO and FAIRFAX, Va., May 7, 2009 (GLOBE NEWSWIRE) -- Kforce Government Solutions (KGS), a wholly-owned subsidiary of Kforce Inc. (Nasdaq:KFRC), announced today that it has been awarded a contract by the Air Combat Command (ACC) to provide Information Technology (IT) computer systems administration and financial systems administrator support to the Base-Level Comptrollers. This single-award, prime contract has a one-year base period of performance, three one-year options, and a contract value of more than $5.9 million if all options are exercised. Work will be performed at various Air Force bases throughout the U.S.
Under the terms of the contract, KGS will provide a broad array of IT technical and management support services, including oversight, maintenance, and support to local Network Operation Support Centers (NOSC's) and Defense Mega Centers (DMCs), to ensure that ACC financial systems provide uninterrupted service in successfully supporting daily financial operations at each of the 15 ACC bases.
"We are pleased to have the opportunity to continue our support to ACC and specifically assisting the Comptroller(s) in accomplishing their mission," said Stephen Hall, KGS vice president and business unit manager, "KGS has a long and proud history of providing financial management support to DoD's Chief Financial Officers (CFOs), Chief Information Officers (CIOs) and Military Comptrollers. We look forward to providing innovative solutions to the ACC Base-Level Comptrollers."
About Kforce
Kforce (Nasdaq:KFRC) is a professional staffing firm providing flexible and permanent staffing solutions for commercial and governmental organizations in the skill areas of technology, finance & accounting, health and life sciences, and government solutions. Backed by over 2,000 staffing specialists, Kforce operates with 61 offices in 41 markets in North America and two in the Philippines. For more information, please visit our Web site at http://www.kforce.com/.
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About Kforce Government Solutions
Kforce Government Solutions (KGS), a wholly-owned subsidiary of Kforce Inc. (Nasdaq:KFRC), provides innovative solutions to federal government. For more information, visit www.kforcegov.com.
Certain of the above statements contained in this press release are forward-looking statements that involve a number of risks and uncertainties. Such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended. Factors that could cause actual results to differ materially include the following: business conditions and growth in the staffing industry and general economy; competitive factors, risks due to shifts in the market demand, including, without limitation, shifts in demand for our Kforce Government Solutions, Health and Life Sciences, Finance and Accounting and Technology groups, as well as the market for search and flexible staffing assignments; changes in the service mix; ability of the Firm to complete acquisitions; and the risk factors listed from time to time in the Firm's reports filed with the Securities and Exchange Commission, as well as assumptions regarding the foregoing. The words "should," "believe," "estimate," "expect," "intend," "anticipate," "foresee," "plan" and similar expressions and variations thereof identify certain of such forward-looking statements, which speak only as of the dates on which they were made. The Firm undertakes no obligation to publicly update or revise any forward-looking statements. As a result, such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those indicated in the forward-looking statements as a result of various factors. Readers are cautioned not to place undue reliance on these forward-looking statements.