VIENNA, Va., Nov. 29 /PRNewswire-FirstCall/ -- MSSI-TeleScience International, Inc. (BULLETIN BOARD: MSSI) , a provider of long-term medical personnel, homeland security and technology services to federal, state and local governments announced a large joint contract win with Com-Vet Medical Technologies, LLC for Physician Assistant services for Fort Stewart, GA.
MSSI-TeleScience teamed with its recently formed strategic partner, Com-Vet Medical Technologies, LLC (a Service Disabled Veteran Owned Small Business), to provide Winn Army Community Hospital in Fort Stewart, Georgia with full-time physician assistants. Com-Vet will subcontract the staffing services to MSSI-TeleScience.
The increased demand for physician assistants is in direct support of the deployment of new Army units to Iraq. The Army has requested accelerated start-up of the project and predicts rapid expansion of the number of employees involved. This contract will continue for five years, representing approximately $2.8 million in revenue over the entire contract period. MSSI-TeleScience currently provides physician assistant services to several of its Air Force base clients.
MSSI-TeleScience President and CEO, Dr. B.B. Sahay said, “This contract represents a significant win for our company, adding over half a million dollars in revenue, annually. The value could potentially increase, if the client requests additional personnel, as is being indicated. Once again, our strategic alliance with a Service Disabled Veteran Owned Small Business has proven to be fruitful to all parties.”
Com-Vet Medical Technologies President and CEO, Mr. Edward Dockery commented, “We are proud to be working together with MSSI-TeleScience on this project. Together, I am confident we will provide quality service to Winn Army Community Hospital.”
More information about MSSI-TeleScience International, Inc. may be found at: http://www.telescience.com/.
About MSSI-TeleScience
In operation since 1992, MSSI-TeleScience International, Inc. is a provider of long-term medical personnel, homeland security and technology services to federal, state and local government agencies and to the private sector. The company’s Medical Services Division has operations in 22 states servicing hospital and medical facilities with a complete range of medical staff, including doctors, nurses and technicians. The company holds multiple long-term contracts, including those with the U.S. Army, the U.S. Department of Health and Human Services and the state of California.
The company’s Technology Division provides systems integration and information technology services to the federal government, as well as emergency equipment, decontamination products, vehicles and supplies to state and local governments. The company has been named as a participant in a $1 billion IDIQ (Indefinite Delivery Indefinite Quantity) contract with the Commonwealth of Pennsylvania for homeland security equipment.
MSSI-TeleScience International currently has over 200 employees and continues to grow its staff and contracts. For more information, visit the company’s website at http://www.telescience.com/.
Legal Notice Regarding Forward-Looking Statements: “Forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. MSSI-TeleScience disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to, risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand, market acceptance of our services and changes in our business strategies.
MSSI-TeleScience International, Inc.
CONTACT: For MSSI-TeleScience inquiries, 1-800-811-9499, ext. 131,investmentrelations@telescience.com
Web site: http://www.telescience.com/