ANDOVER, Mass., Feb. 14, 2012 (GLOBE NEWSWIRE) -- Dynamics
Research Corporation (Nasdaq:DRCO), a leading provider of
innovative management consulting, engineering, science and
technology solutions to federal and state governments, was
recognized as the top mid-size 'Deal of the Year'
award for the company's 2011 merger with High
Performance Technologies, Inc. (HPTi) by Washington
Technology magazine.
A key driver behind the merger and the award was the overall
market alignment of HPTi's expertise with DRC's
strategy with eighty percent of the business concentrated in
the high growth markets targeted by DRC including healthcare,
cybersecurity, intelligence and homeland security.
"The DRC - HPTi merger has transformed our
company," said Jim Regan, DRC's chairman and chief
executive officer. "The merger has more than doubled our
new business pipeline and expanded our prime contract bidding
opportunities, sharply increased our penetration in federal
growth markets such as health and federal financial agencies,
and tremendously strengthened our capabilities in high-demand
areas such as cloud computing, high-performance computing,
systems engineering, health informatics, science and
technology, and data analytics.
Since 2004, Washington Technology magazine has been
partnering with leading analysts and M&A experts to compile a
roundup of the year's M&A transactions. The top deals
are selected according to the effects on the companies and
market in addition to what the deals indicate about
prevailing trends.
Dynamics Research Corporation (DRC) provides measurable
performance improvements for government customers through the
delivery of innovative management consulting, engineering,
science and technology solutions. DRC offers the capabilities
of a large company and the responsiveness of a small company,
backed by a history of excellence and customer
satisfaction. Founded in 1955, DRC is a publicly held
corporation (Nasdaq:DRCO) and maintains more than 25 offices
nationwide with major offices in Andover, Massachusetts and
the Washington, D.C. region. For more information, please
visit our website at www.drc.com.
Safe harbor statements under the Private Securities
Litigation Reform Act of 1995: Some statements contained or
implied in this news release, may be considered
forward-looking statements, which by their nature are
uncertain. Consequently, actual results could materially
differ. For more detailed information concerning how risks
and uncertainties could affect the company's financial
results, please refer to DRC's most recent filings with
the SEC. The company assumes no obligation to update any
forward-looking information.
CONTACT: Investors: Chris Witty
Darrow Associates, Inc.
646.438.9385 cwitty@darrowir.com
Media: Duyen "Jen" Truong
Sage Communications (for DRC)
703.584.5645
dtruong@aboutsage.com
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