Science Dynamics Wins Contract With Defense
Information Systems Agency Pennsauken, NJ, November 7,
2005 -- Science Dynamics Corporation (OTC Bulletin Board: SIDY), a provider
of advanced technological solutions primarily to government agencies, announced
today that its subsidiary Systems Management Engineering, Inc. (SMEI) was
awarded a contract from the Defense Information Systems Agency (DISA) for
technical and architectural support of high-visibility communications systems.
The contract may be worth more than $800,000 in the first year and is renewable
annually for up to five years. Revenue
under the contract is dependent upon DISA funding the contract. Paul
Burgess, CEO of Science Dynamics, said, “The combined skill sets of Science
Dynamics and SMEI were critical in obtaining this contract. The
contract requires Science Dynamics’ telecommunication expertise and SMEI’s enterprise
architecture expertise. The synergies between our two companies are starting to
pay off. We believe this high-visibility contract win further validates our
ability to provide advanced communication systems to government clients at all
levels.” SMEI will analyze DISA’s existing
communications and provide critical support in the development of a new architecture
to satisfy the agency’s existing and future needs. Other systems engineering services SMEI will provide under this
contract include communications management planning, road map development and
implementation planning. Upon successful completion
and renewal of the annual contract, SMEI would support the development of a systems engineering management
process, analyze emerging technologies and provide strategic planning for the agency.
About Science Dynamics Corporation Headquartered in Pennsauken, N.J., Science Dynamics
Corporation is a developer of advanced technological solutions with nearly 25
years of experience. The company designs, deploys and manages highly secure
advanced technological solutions at key government agencies and mid- to large-sized
enterprises. Science Dynamics Corporation’s telecommunications solutions are
installed in over 30,000 ports throughout 18 countries worldwide. For more information, visit http://www.scidyn.com. About Systems Management
Engineering, Inc. Science Dynamics owns 82% of
SMEI. SMEI has developed advanced data management applications, Internet server
technology and information systems that it markets to both public and private
sectors. SMEI’s product, Aquifer, helps its customers reduce development time
for projects, manage the deployment of applications across the Internet to
desktops around the world and implement military-grade security on all systems
where the applications are deployed. For more information about SMEI, visit http://www.sysmanagement.com. An investment profile about
Science Dynamics may be found at http://www.hawkassociates.com/sciencedynamics/profile.htm. For investor relations information regarding
Science Dynamics, contact Frank Hawkins or Julie Marshall, Hawk Associates, at
(305) 451-1888, e-mail: info@hawkassociates.com.
An online investor relations kit including copies of press releases, current
price quotes, stock charts and other valuable information for investors may be
found at http://www.hawkassociates.com
and http://www.americanmicrocaps.com.
Forward-Looking
Statements: Certain statements made in this press release by Science Dynamics
Corporation are forward-looking statements.
Although such statements are based on current expectations they are
subject to a number of future uncertainties and risks, and actual results may
differ materially. The uncertainties and risks include, but are not limited to,
the acquisition by Science Dynamics Corporation of Systems Management
Engineering, Inc. and the successful operation of Systems Management
Engineering, Inc. post-acquisition, additional potential acquisitions of
Science Dynamics Corporation and the ability of Science Dynamics Corporation to
effectively execute its business plan and develop a successful business. Any forward-looking statements are made
pursuant to the Private Securities Litigation Reform Act of 1995 and, as such,
speak only as of the date made. Statements made in this document that are not purely
historical are forward-looking statements, including any statements as to
beliefs, plans, expectations, anticipations or intentions regarding the future.
Science Dynamics Corporation assumes no obligation to update information
concerning the forward-looking statements contained herein.
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