McLean, Va., March 20, 2007 – BearingPoint, Inc. (NYSE: BE), one of the world’s largest management and technology consulting firms, announced today that it has been awarded a contract to support the Enterprise Solutions Competency Center of the Army Communication-Electronics Command. The contract is valued at up to $188 million over its base year and including four one-year options.
One of BearingPoint’s initial tasks will be to support the Joint Medical Information Systems (JMIS) Program Office at TRICARE Management Activity. TRICARE is the healthcare plan for the uniformed services, retirees and their families, serving a beneficiary population of more than 9.2 million worldwide. The Program Office supports full lifecycle development of mission-critical healthcare systems, including design, development, testing, evaluation and deployment.
"We are excited that BearingPoint has been selected to support this project," said Mark Goulart, senior vice president for BearingPoint’s Department of Defense business. "We will be combining our long history of helping the DoD in a wide array of technology initiatives with our strong experience in healthcare technologies to deliver new and innovative solutions to the ESCC."
About BearingPoint, Inc.
BearingPoint, Inc. (NYSE: BE) is one of the world's largest providers of management and technology consulting services to Global 2000 companies and government organizations in 60 countries worldwide. Based in McLean, Va., the firm has over 17,000 employees and major practice areas focusing on the Public Services, Financial Services and Commercial Services markets. For nearly 100 years, BearingPoint professionals have built a reputation for knowing what it takes to help clients achieve their goals, and working closely with them to get the job done. For more information, visit the Company's website at www.BearingPoint.com .
Some of the statements in this press release constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. These statements are based on our current expectations, estimates and projections. Words such as "will," "expects," "believes" and similar expressions are used to identify these forward-looking statements. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Forward-looking statements are based upon assumptions as to future events or our future financial performance that may not prove to be accurate. Actual outcomes and results may differ materially from what is expressed or forecast in these forward-looking statements. As a result, these statements speak only as of the date they were made, and the Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.