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Concurrent Technologies Corporation Awarded $90 Million Contract From the Office of the Deputy Under Secretary of Defense for Installations and Environment

JOHNSTOWN, Pa., Nov. 20, 2012 (GLOBE NEWSWIRE) -- Concurrent Technologies Corporation (CTC) announced today that it is one of two companies awarded a contract by the Office of the Deputy Under Secretary of Defense for Installations & Environment (ODUSD(I &E)). The Blanket Purchase Agreement (BPA) includes a base year and four option years with a $90 million ceiling.

CTC will provide management, analytical, technical, and support services to the ODUSD(I &E). The ODUSD(I &E) provides management and oversight of military installations worldwide and manages environmental, safety, and occupational health programs, facilities energy, military and privatized housing, facility investment and management, and basing for the Department. The Department's installations cover some 29 million acres, with 539,000 buildings and structures valued at more than $700 billion.

"CTC is honored and pleased to expand our direct support to the Office of the Deputy Under Secretary of Defense for Installations & Environment," said Edward J. Sheehan, Jr., CTC President & Chief Executive Officer. "Our proven capabilities in safety and occupational health and environmental and sustainability services allowed CTC to win this contract."

"This contract provides CTC the opportunity to influence programs that impact all of the military services. Our support to the ODUSD(I &E) will ensure that installation and environmental assets are available when needed in order to support our warfighters in a safe, cost effective, and sustainable manner."

CTC's Elizabeth Powell serves as Program Manager for this contract and has over 21 years of experience managing federal environmental programs; "Under this contract, CTC's support will span throughout the ODUSD(I &E), extending to the seven directorates, two boards, two programs, and one field activity that it encompasses. CTC has put together an exceptional team comprised of both large and small businesses with a vast array of experience covering all facets of the ODUSD(I &E)'s mission. From the DoD Explosives Safety Board to Facility Energy Management, we will be solving our clients' challenges at military installations across the globe."

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.





Photos accompanying this release are available at:

http://www.globenewswire.com/newsroom/prs/?pkgid=14234

http://www.globenewswire.com/newsroom/prs/?pkgid=14235

CONTACT: Media Contact: Mary Bevan 814-269-2490 or bevanm@ctc.com

Source:Concurrent Technology Corp.