TRENTON, N.J., March 2, 2005 (PRIMEZONE) -- Emtec Inc. (OTCBB:ETEC) announced today it has received the SCC Contractor pre-qualification for the telecommunications discipline from the New Jersey Schools Construction Corporation (SCC), a subsidiary of the New Jersey Economic Development Authority (EDA). The SCC is a public agency responsible for implementing an $8.6 billion overhaul of the educational infrastructure of hundreds of schools throughout New Jersey.
The SCC is entrusted with the responsibility for financing, designing and constructing all of the school facilities projects in Abbott districts - school districts that receive 55 percent or more in state funding for education. In addition they are also responsible for providing grants to fund the state share of facilities projects in non-Abbott districts.
This classification enables Emtec to participate in the bidding process on specialty construction contracts advertised by the SCC. The requirements for this qualification include having a current classification with the New Jersey Department of Treasury, Division of Property Management and Construction (DPMC).
"We are pleased to have received this designation with the SCC and we look forward to the opportunity to provide telecommunications solutions to the New Jersey school systems utilizing State funding through the SCC," said John Howlett, Emtec CEO.
About Emtec Inc.
Emtec Inc. established in 1981, is a systems integrator focused on providing technology solutions that enable its customers to effectively use and manage their data to grow their businesses. Our areas of specialization in information technology (IT) include communications (IP telephony, wireless connectivity, cabling, network infrastructure, data availability (remote access, messaging, management), enterprise computing (enterprise architecture, high availability, server consolidation, data management) and managed services (network monitoring, help desk). Emtec's solutions are crafted to enable customers to become more efficient and effective, thereby giving them a competitive advantage. A longtime provider of IT services to Fortune 1000 companies in New York, New Jersey, Connecticut, Pennsylvania, Delaware, Georgia and Florida, Emtec is also a leading source of technology solutions for government agencies and school districts in New Jersey.
Certain statements in this document constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Emtec, Inc. (the company), or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. The company's future operating results are dependent upon many factors, including but not limited to the company's ability to obtain sufficient capital or a strategic business arrangement to fund its plan of operations when needed and build the management and human resources and infrastructure necessary to support the growth of its business as well as competitive factors and developments beyond the company's control and other risk factors discussed in the company's periodic filings with the Securities and Exchange Commission which are available for review at www.sec.gov under "Search for Company Filings."
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