GREY:CCZFF - Post by User
Post by
GuyFon Apr 05, 2005 3:57pm
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Post# 8864239
NR: Contract Extension & Additional Contract
NR: Contract Extension & Additional ContractCriticalControl Announces Contract Extension and Additional Contracts
CALGARY, ALBERTA--(CCNMatthews - April 5, 2005) - CriticalControl
Solutions Corp., (TSX VENTURE:CCZ) ("CriticalControl" or the "Company")
is pleased to announce the extension of a primary outsourcing contract
with the Government of Alberta for certain administrative and document
management related services for an additional year.
CriticalControl is also pleased to announce it has been awarded
additional, net new work related to imaging and microfilm conversion
services (the "New Work"). In total, the extension and New Work is
valued at more then $8,500,000 over 3 years. Management expects over
$5,000,000 of it to be recognized as revenues prior to March 31, 2006.
About CriticalControl:
CriticalControl is a technology company that builds, implements and
manages critical business process solutions. Our proprietary products
are data management tools to operate the critical business operations of
our government and energy sector clients. In addition to our proprietary
products, we implement large scale document and records management
solutions using our strong domain expertise and in depth knowledge of
our customer base. Where critical processes require unconditional
continuity, our clients look to us to manage and perform certain
operational functions on a short term or long term, outsourced basis.
For more information, please visit www.criticalcontrol.com.
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FOR FURTHER INFORMATION PLEASE CONTACT:
CriticalControl Solutions Corp.
Mr. George Watson
Chief Executive Officer
(403) 705-7500
or
CriticalControl Solutions Corp.
Mr. Alykhan Mamdani
President
(403) 705-7500
Website: www.criticalcontrol.com
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this press release.