Press release from Business Wire
Tetra Tech Awarded $51 Million National Science Foundation Information Technology Support Contract
Thursday, April 15, 2010
Tetra Tech Awarded $51 Million National Science Foundation Information Technology Support Contract09:00 EDT Thursday, April 15, 2010 PASADENA, Calif. (Business Wire) -- Tetra Tech, Inc. (NASDAQ: TTEK) announced today that it has been awarded a $51 million contract to provide information technology support services to the National Science Foundation (NSF). The NSF is a federal agency that is building the nation's research capability by supporting science and engineering research and education and by investing in advanced instrumentation and facilities. Tetra Tech has provided information technology support, proprietary applications development, and other data management services to the NSF since 2003. “The NSF funds approximately 20 percent of all federally supported basic research conducted by America's colleges and universities today,” said Dan Batrack, Tetra Tech's Chairman and CEO. “Tetra Tech is pleased to continue and expand its support for NSF's pioneering network of researchers nationwide.” About Tetra Tech (www.tetratech.com) Tetra Tech is a leading provider of consulting, engineering, program management, construction, and technical services addressing the resource management and infrastructure markets. The Company supports government and commercial clients by providing innovative solutions focused on water, the environment, and energy. With approximately 10,000 employees worldwide, Tetra Tech's capabilities span the entire project life cycle. Any statements made in this release that are not based on historical fact are forward-looking statements.Any forward-looking statements made in this release represent management's best judgment as to what may occur in the future.However, Tetra Tech's actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions ("Future Factors"), and may differ materially from what is expressed.For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section "Risk Factors" included in the Company's Form 10-K and 10-Q filings with the Securities and Exchange Commission.