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DataPath Awarded SeaPort-Enhanced ID/IQ Prime Contract by U.S. Naval Surface Warfare Center
Ten-Year Contract Vehicle Will Enable DataPath to Quickly and Effectively Deliver Satellite and Wireless Network Solutions to the U.S. Navy and Marine Corps
Duluth, Ga. — July 21, 2008 — DataPath, Inc., a leading provider of satellite and wireless communications networks around the world, has been awarded an indefinite-delivery/indefinite-quantity (ID/IQ) prime contract under the SeaPort-Enhanced (SeaPort-e) contract vehicle by the U.S. Naval Surface Warfare Center.
The SeaPort-e prime contract provides a streamlined electronic procurement process through which DataPath can submit bids and receive task orders to provide satellite and wireless communications network solutions, services and software to the U.S. Navy and Marine Corps. DataPath’s award has a one-year base period and includes additional terms for up to 10 years total. Through this vehicle, DataPath will be able to provide products and services in all seven regional zones covered by the Seaport-e electronic procurement process.
"This award is the result of our efforts to continue to expand our offerings across key user communities within the U.S. Department of Defense and civilian government market,” said Dave Helfgott, president and CEO of DataPath. “Based on our proven capabilities to deliver vital communications networks, software applications, and technical support services, we were selected as a prime contractor that will serve the U.S. Navy and our long-time customer the U.S. Marine Corps for years to come.”
“Navy and Marine users of network-centric communications systems and advanced network control software will benefit greatly from this procurement vehicle,” said Steve Lindeman, vice president of Business Operations at DataPath. “We will be able to deliver the right solutions very quickly into the hands of Sailors and Marines operating around the world.”
The government estimates that a maximum of $5.3 billion of services will be procured per year via contracts maintained under the SeaPort-e contracting vehicle. The SeaPort-e contract vehicle was established to create a performance-based Navy-wide electronic procurement process. It is a multiple award contract with more than 1,000 contractors that deliver products and services for the Naval Sea Systems Command, Naval Air Systems Command, Space and Naval Warfare Systems Command, Naval Supply Systems Command, Military Sealift Command, Naval Facilities Engineering Command, Strategic Systems Programs, Office of Naval Research, Defense Threat Reduction Agency and U.S. Marine Corps.
The Naval Sea Systems Command, Naval Surface Warfare Center, Dahlgren Division, Dahlgren, Va. is the contracting authority (Contract Number N00178-08-D-5394).
About DataPath, Inc.
DataPath is a global leader in creating satellite-based network solutions that solve customers’ toughest communications challenges. We specialize in enabling highly complex, video-intensive communications networks that are critical to the operations of military, civilian government and commercial organizations. Even in the most urgent time frames and extreme conditions, we establish and maintain communications anywhere and deliver total network control through our communications solutions, MaxView® network control software and comprehensive services. SWE DISH Satellite Systems AB, a Stockholm-based, global leader in the design and manufacture of mobile satellite communications systems, is a wholly owned subsidiary. DataPath is headquartered in Duluth, Ga., U.S.A. and operates via more than two dozen offices and distributor locations around the world. For more information, visit www.datapath.com.
Safe Harbor Disclosure
This press release, other than historical information, contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, that are based on management's beliefs and assumptions, current expectations, estimates and projections. Forward-looking statements may include projections and estimates concerning the timing and success of specific projects and the future revenues, income and capital spending of DataPath, Inc. (the "Company.")
A variety of factors beyond the control of the Company may affect the Company's performance, including, but not limited to the Company's ability to sustain its historical growth rate; the Company's dependence on sales to the U.S. government for a high percentage of its revenues; increased competition using commercial off-the-shelf (COTS) hardware and software solutions; changes or delays in U.S. government funding programs and priorities; termination or modification clauses contained in U.S. government contracts; continued supply of critical components and services, including COTS-based hardware; maintenance of exclusive procurement or marketing rights with key suppliers; restrictions contained in federal and international procurement laws and regulations; and operation in international markets, including the application of international and foreign domestic laws and regulations.
Any of the above factors and numerous others not listed nor foreseen may adversely affect the Company's financial performance. Forward-looking statements speak only as of the date on which they were made, and the Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
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