Florida Micro, Inc. (OTCQB: FLMC) a leading provider of technology services and equipment to corporations, educational institutions and the government is pleased to announce the award of a $400,000 contract with the Department of State for 2011, solidifying their position as a top sales agent of technology solutions to government agencies.
Daniel S. Jacobs, President and CEO of Florida Micro, Inc. said, “It is a huge stamp of approval for Florida Micro by the United States Government to give us this contract, and we look forward to more deals from NASA, Homeland Security, and the Department of the Army.” This expansion by Florida Micro into the lucrative Government technology solutions arena shows an example of the Company’s commitment to consistent growth of revenue.
Florida Micro, Inc. 2010 generated sales of $36 million ranked the Company #382 on the esteemed VAR500 list which bases rankings on earnings from hardware sales, software sales and managed IT Services. The Company is a leading direct marketer of over 600,000 different brand-name technology products and solutions to government agencies, school systems, and major corporations. Florida Micro was also recognized by “Everything Channel” as a part of CRN’s 2011 VAR500 list, which ranks the top technology integrators in North America. Florida Micro’s direct model offers customers one-on-one relationships with knowledgeable account managers, engineers and advanced technology specialists who customize solutions for customers’ complex technology needs. Florida Micro also provides same-day product shipping and post-sale technical support. Florida Micro prides itself on its “customer-first” account management philosophy, which is the driving force behind Florida Micro and is what separates the Company from all others in the industry.
About Florida Micro, Inc.
Florida Micro has business operations in the greater New York City area and its corporate headquarters are based out of Boca Raton, Florida. Florida Micro was established in 2002 and holds over 25 Contracts with Federal, State, Local Government, and School Systems. The Company is ranked in the top 500 on the list of fastest growing IT companies, and is a leading provider of technology solutions for business, government and education. Florida Micro is also a principal source of technology products and services for top name brands such as Acer, Adobe, APC, Apple, EMC, Fujitsu, HP, IBM, Lenovo, Microsoft, Panasonic, Quantum, Samsung, Sony, Symantec, ViewSonic and Xerox. Additionally, the Company is proud of its many government and educational contracts ranging from NSA to NASA and all levels of educational institutions. For More Information, please visit www.flmicro.com
Safe Harbor Statement
This press release includes forward-looking statements covered by the Private Securities Litigation Reform Act of 1995. Because such statements deal with future events, they are subject to various risks and uncertainties and actual results for fiscal year 2010 and beyond could differ materially from the Company’s current expectations. Statements in this press release document that are not historical facts, including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results are forward-looking. Forward-looking statements involve risks and uncertainties which may cause the Company’s actual results in future periods to differ materially from those expressed. These uncertainties and risks include changing consumer preferences, lack of success of new products, loss of the Company’s customers, competition and other factors discussed from time to time in the Company’s filings with OTC Markets or the Securities and Exchange Commission. The Company undertakes no obligation to revise or update forward-looking statements as a result of new information since these statements may no longer be accurate or timely. The $400,000 contract between Florida Micro and the Department of State should not be construed in any way as indicative of the Company’s future revenues or its operating results or of any predictive value whatsoever as to its future revenues or its stock price.
Source: Business Wire (November 28, 2011 – 6:00 AM EST)