March 22, 2004

Fairfax, VA

ActioNet announced today that it has been certified by the Small Business Administration (SBA) in the 8(a) Business Development (BD) and Small Disadvantaged Business (SDB) Programs.

ActioNet’s President, Ashley W. Chen, attributes the company’s acceptance into these programs as a result of the quality foundation that has been built over the past five years. Ms. Chen said, “ActioNet is a quality organization with a proven track record that happens to be a small, woman-owned, minority business.”

About the SBA 8(a) Business Development Program

The SBA’s 8(a) BD Program, named for a section of the Small Business Act, is a business development program created to help small disadvantaged businesses compete in the American economy and access the federal procurement market.

One of SBA’s key requirements for accepting companies into the 8(a) BD Program is “potential for success.” Potential for success is measured based on the following factors:

  • The technical and managerial experience of the applicant firm’s managers
  • The firm’s operating history
  • Ability of the firm to access credit and capital
  • The firm’s financial capacity
  • The firm’s record of performance
  • Whether the applicant firm or individuals employed by the firm hold the requisite licenses if the firm is engaged in an industry requiring professional licensing.

About ActioNet, Inc.

ActioNet, Inc., headquartered in Fairfax, Virginia, is an SEI CMM Level 3 Certified company that specializes in full life cycle Enterprise Software Development, Systems Integration, Training and IT Security. ActioNet, Inc. was founded by Ashley W. Chen in 1998 with the vision of “helping customers align their IT strategies with their business goals”.

ActioNet is a process-oriented company with a results-driven philosophy. ActioNet does not believe in simply maintaining the “status quo” – we are always looking for ways to improve business processes and provide the maximum return on investment for our customers. Ms. Chen states, “We are very proud of the fact that our first customers are still our customers today.”

ActioNet has been recognized by its customers and third party organizations for its ability to repeatedly deliver projects on time and under budget. ActioNet has received numerous awards including the DOT Outstanding Women-Owned Business Enterprise Award and the DOE CIO IT Quality Award for Technical Excellence. Just last month, ActioNet received the Society for Technical Communication (STC) Award of Excellence for its Software Development Life Cycle (SDLC) Manual. ActioNet has zero debt and has received the Highest “3A1” Financial Rating and “Exceeds Customer Expectations” Past Performance Rating from Dun & Bradstreet.

Like Ms. Chen always says, “The best is yet to come!”

Contact:

Ashley W. Chen, ActioNet, Inc., 703-204-0090 Ext. 108, achen@actionet.com.