SPSC Management Named Top Tech EntrepreneursDarryl K. Horne, P.E., and Grady C. Wright Named Top Technology Entrepreneurs
Thursday September 8, 8:30 am ET
Spectrum Holdings Is Doubly Honored by Awards
FALLS CHURCH, Va.--(BUSINESS WIRE)--Sept. 8, 2005--Spectrum Sciences & Software Holdings Corp. (OTCBB:SPSC - News) announced today that two of its executive leaders are being honored as 2005 Top Technology Entrepreneurs by US Black Engineer and Information Technology magazine.
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Darryl K. Horne, P.E., Chief Executive Officer and President of Spectrum Holdings, and Grady C. Wright, Chief Executive Officer and President of Horne Engineering Services, LLC, will be presented with their awards at the 2006 Black CEO Summit on February 16, 2006, in Baltimore, Maryland. They will also be highlighted in the fall issue of US Black Engineer and Information Technology magazine.
According to the award announcement, "The top entrepreneurs of 2005 were chosen for their impeccable work ethic, their enduring spirit of entrepreneurship, and the success of their companies in the vital technology sector."
"For both Grady and I to receive this award in the same year is a double honor for Spectrum Holdings," Mr. Horne said upon learning of the award. "We have assembled a management team that is committed to solid, sustainable growth, and it is gratifying that our team is being recognized for what we have achieved thus far -- and this is just the beginning."
About Darryl K. Horne
Mr. Horne founded Horne Engineering Services in 1990 and served as its CEO and President for almost fifteen years. As a result of Horne Engineering's merger with Spectrum Sciences & Software Holdings Corp. on May 11, 2005, Mr. Horne is now the President and CEO of Spectrum Holdings, as well as Horne Engineering's Chairman of the Board. During his tenure as Horne Engineering's CEO and President, he grew his technology and technical engineering solutions company into a significant player in the federal contracting arena, undertaking projects throughout the United States and internationally.
Mr.Horne received a bachelor's degree in Civil Engineering from the Virginia Military Institute (VMI), the nation's oldest state-supported military college, in 1982. Virginia Governor James S. Gilmore ® appointed Mr. Horne to the Board of Visitors of VMI in August 1999, and Virginia Governor Mark R. Warner (D) reappointed him to the Board in June 2003. Mr. Horne is now Vice President of the Board and chairs the Audit, Finance and Planning Committee.
He is also a member of the National Society of Professional Engineers and the Society of American Military Engineers, and he completed service in the U.S. Army Reserve with the rank of Captain. In 1997, he was recognized as an "Eminent Engineer" by Tau Beta Pi, the national engineering honor society.
Mr. Horne was honored by Ernst & Young in 1999 as a Greater Washington Entrepreneur of the Year, and in 2002 he was a finalist for a National Capital Business Ethics Award. In March 2004, he was invited to become a Trustee on the Federal City Council, a non-profit, non-partisan organization dedicated to the improvement of the Nation's Capital and composed of and financed by the region's top business, professional, educational, and civic leaders.
About Grady C. Wright
Mr. Wright joined Horne Engineering in December 2004 as Senior Vice President, Strategic Development, and a member of the company's Executive Committee. He was named CEO and President of the company in June 2005.
Before joining Horne Engineering, Mr. Wright was President and Chief Operating Officer of Unitech, Inc., a $72-million professional services company headquartered in Centreville, Virginia. Previously he was President of the Telecommunications Division of Computer Sciences Corporation (CSC). This division resulted from CSC's acquisition of Dyncorp, where Mr. Wright had spent 2 years as Senior Vice President of Dyncorp's civil markets business. Before moving to Dyncorp, Mr. Wright spent 29 years at TRW in progressively important roles, culminating as Vice President and Deputy General Manager of the TRW Systems and Information Technology Group, responsible for public sector markets.
Mr. Wright has a bachelor's degree in mathematics from Grambling State University and has earned certifications from the Executive Institute for Management of High Technology Companies at Stanford University, the Program for Senior Executives in National and International Security at Harvard University, and the Global Leadership Program at the American Graduate School of International Management. In 1988, he received a Black Engineer of The Year - Professional Achievement Award.
About Horne Engineering Services
A wholly owned subsidiary of Spectrum Holdings, Horne Engineering is a technology and technical engineering solutions company whose primary service areas are national security, energy and environment, and transportation. Both Spectrum Sciences & Software Holdings Corp. and Horne Engineering Services are headquartered in Falls Church, Virginia.
About Spectrum Sciences & Software Holdings Corp.
Spectrum Sciences & Software Holdings Corp. is a growth-oriented, customer-focused company that provides an integrated suite of manufacturing, procurement, technology, and technical engineering services. The company currently has more than 350 employees within its family of subsidiaries, which include Horne Engineering Services. https://www.horne.com/, Spectrum Sciences & Software, Inc., https://www.specsci.com, M&M Engineering, https://www.mmeng.net, and Coast Engine and Equipment Company (CEECO).
More information about Spectrum Sciences & Software Holdings Corp. can be found at https://www.spectrumholdingscorp.com.
Forward-Looking Statements
This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements, which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, risks set forth in documents filed by the company from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by, or on behalf of, the Company, are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.
Contact:
Spectrum Sciences & Software Holdings Corp., Falls Church
Steve Cook , 703-564-2968
Steve.cook@specsci.com
Source: Spectrum Sciences & Software Holdings Corp.