March 31, 2004

Fairfax, VA

ActioNet announced today that it has been awarded five-year contracts for Software Development and Infrastructure from the Federal Transit Administration (FTA) with a combined value of over $12M.

ActioNet’s President & CEO, Ashley W. Chen, first approached FTA in 1998 to help support FTA’s Year 2000 compliance effort. After successfully completing this project, ActioNet was later brought back to help FTA establish a first class development team. Chen said, “Our process-oriented approach to project management, as well as mentoring, has enabled us to provide quality support for our customers and career advancement opportunities for our employees.”

About FTA

The Federal government, through the FTA, provides financial assistance to develop new transit systems and improve, maintain, and operate existing systems. FTA oversees thousands of grants to hundreds of state and local transit providers, primarily through its ten regional offices. These grantees are responsible for managing their programs in accordance with Federal requirements, and FTA is responsible for ensuring that grantees follow Federal mandates along with statutory and administrative requirements.

About ActioNet, Inc.

ActioNet, Inc., headquartered in Fairfax, Virginia, is a leading information technology services provider specializing in 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 has maintained a corporate philosophy of:

  • Building long-term relationships with clients by providing the highest quality services.
  • Encouraging employee learning and self-improvement, giving each dedicated employee the chance to grow with ActioNet.
  • Keeping ActioNet’s standards high through teamwork and commitment to quality.

In 2006, ActioNet plans to pursue ISO 9001:2000 certification. We are strong believers in process improvement so we can better serve our customers.

Contact:

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