Press Release

GTSI Awarded Three Contracts On NASA SEWP III

By SpaceRef Editor
July 30, 2001
Filed under , ,

GTSI® Corp.
today announced that NASA has awarded GTSI three
contracts on its SEWP (Scientific, Engineering and Workstation
Procurement) III government-wide contract.

According to NASA, each of GTSI’s three contracts has a ceiling of
$4 billion over a 5-year term.

The three awards are for Mass Storage, Networking, and Mechanical
Computer Aided Design (MCAD). The MCAD contract is a sole award to
GTSI in partnership with Sun Microsystems.

GTSI was one of 14 contractors on NASA’s SEWP II, the predecessor
to SEWP III. According to NASA’s figures, SEWP II generated about $2.5
billion over the term of the contract (1996-2001). GTSI earned more
than 20% of that revenue, leading in both revenue and in the number of
orders placed. About half of the orders on SEWP II were placed through
GTSI.

“We’re very appreciative that NASA expanded our role by awarding
us these three contracts,” said Dr. Joel Lipkin, GTSI’s Senior Vice
President of Marketing and Customer Support. GTSI will be the sole
provider of Sun Microsystems equipment under SEWP III. Mass storage
(SAN and NAS) is the fastest growing component of IT in Government. We
anticipate that SEWP III will become a major vehicle for delivering
storage solutions.

“Our Technology Teams are a key strength of GTSI, Dr. Lipkin
added. They include Technology Teams dedicated to Sun, to Cisco
networking, and to storage. These Teams will enable GTSI to provide
the configuration and design support that our Government customers
need in these important areas.

“Over the last five years, our customers have learned that the
combination of SEWP and GTSI provides outstanding flexibility and
value. Low surcharges, simple ordering processes, a wide variety of
products at outstanding prices, and excellent customer service combine
to help us support everything from small procurements to the largest
system requirements,” Dr. Lipkin emphasized.

SEWP III is a pre-competed contract, with the lowest surcharge of
any major GWAC (Government Wide Acquisition Contract). The surcharge
is 0.75% for non-NASA customers with no surcharge for orders under
$2,500 and a maximum surcharge of $5,000.

Except for historical information, all of the statements,
expectations and assumptions contained in the foregoing are
“forward-looking statements” (within the meaning of the Private
Securities Litigation Reform Act of 1995) that involve a number of
risks and uncertainties.

It is possible that the assumptions made by management including,
but not limited to, the revenues estimated for the SEWP III contracts,
may not materialize. Actual results may differ materially from those
projected or implied in any forward-looking statements.

In addition to the above factors, other important factors that
could cause actual results to differ materially are those listed in
the Company’s most recent report on Form 10-K and included from time
to time in other documents filed by the Company with the Securities
and Exchange Commission.

GTSI is the most experienced business to government (B2G) marketer
of information technology solutions to Federal, state and local
government customers worldwide. GTSI is headquartered in the
Washington, D.C. metropolitan area and offers access to 150,000
products from more than 2,100 manufacturers. GTSI also offers
customers multiple integration services to meet their needs.

See http://www.gtsi.com

SpaceRef staff editor.