Concurrent Technologies Corporation Named One of 74 Awardees on Multibillion Dollar GSA OASIS Contract

Multiple Award, Indefinite Delivery Indefinite Quantity Contract Seen as Solution of Choice for Government Agencies

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| Source: Concurrent Technology Corp.

JOHNSTOWN, Pa., May 30, 2014 (GLOBE NEWSWIRE) -- Concurrent Technologies Corporation (CTC) has been named one of 74 awardees on the U.S. General Services Administration's (GSA's) One Acquisition Solution for Integrated Services (OASIS) contract. OASIS is an Indefinite Delivery Indefinite Quantity (IDIQ), multibillion dollar, multiple award contract that includes a five-year base term and one five-year option. OASIS will provide federal agencies with flexible and innovative solutions for complex professional services.

"CTC is excited to announce that we are an awardee on the long-awaited OASIS contract," said Edward J. Sheehan, Jr., CTC President & Chief Executive Officer. "The OASIS contract will function as an acquisition vehicle that gives federal agencies an integrated tool to acquire professional services, reducing duplicative contracting efforts and reducing costs and acquisition times. CTC looks forward to competing for task orders under this new contract."
 
OASIS is a government-wide acquisition contract that includes the core disciplines of program management services, management consulting services, logistics services, engineering services, scientific services, and financial services. The Air Force has already signed an agreement with GSA to use the OASIS contract for professional services, and other government agencies see OASIS as the solution of choice.
 
Susan Dadey, CTC Executive Director, serves as Program Manager on the contract. "It was a long time in coming, but winning this highly competitive award is a testament to CTC's past performance, technical achievements and teamwork. As a result, CTC stands ready to take advantage of the extensive opportunities OASIS provides our highly qualified staff to support our Federal clients with diverse and innovative solutions across the breadth of our technical capabilities."
 
To learn more about the GSA OASIS contract, visit http://www.gsa.gov/portal/content/191955.
 
Concurrent Technologies Corporation (CTC) is an independent, nonprofit, applied scientific research and development professional services organization providing innovative management and technology-based solutions to government and industry.  As a nonprofit 501(c)(3) organization, CTC's primary purpose and programs are to undertake applied scientific research and development activities that serve the public interest. For more information, visit www.ctc.com.

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