DSTG Awarded U.S. Navy Proof-of-Concept Contract to Develop Aviation Strategic Cost Management Tool
DSTG Awarded U.S. Navy Proof-of-Concept Contract to DevelopAviation Strategic Cost Management Tool
LAKE FOREST, Ill.--(BUSINESS WIRE)-- Acquired Sales Corp. (OTCQB: AQSP) announced that its wholly-owned subsidiary, Defense & Security Technology Group, Inc. ("DSTG") (www.dstechgroup.com), has been awarded a $139,500 proof-of-concept contract by the U.S. Navy to develop a resource intelligence and integration tool for Aviation Strategic Cost Management (ASCM).
Based upon DSTG's proprietary Resource Intelligence & Integration (Ri2) software, the ASCM tool is expected to facilitate the rapid integration of historical cost and budget planning information with program management, operations and asset lifecycle events, to help the military better manage its resources and create savings in these times of tightening military budgets.
"We're excited for the opportunity to prove to the Navy that Ri2 will allow senior military executives and planners to better understand both intended and unintended mission consequences of budget scenarios," said DSTG CEO Minh Le.
About Defense & Security Technology Group, Inc. ("DSTG")- Headquartered in Chantilly, VA, DSTG collaborates with clients to help its leaders make distinctive decisions leading to substantial improvements in enterprise performance. DSTG is currently supporting a number of programs for both governmental and commercial clients.
Cautionary Statements Regarding Forward-Looking Information- This release may contain forward-looking statements, including statements about Defense & Security Technology Group, Inc.'s operations and prospects. These forward-looking statements involve risks and uncertainties. Factors that may cause actual results or earnings to differ materially from these forward-looking statements include those discussed in filings that Acquired Sales Corp. makes with the U.S. Securities and Exchange Commission, including the risk factors described in the Form 10-K which was filed with the SEC on March 30, 2012. You are cautioned not to place undue reliance on these statements, which speak only as of the date of this release. We undertake no obligation to update these forward-looking statements to reflect events or circumstances after the date of this release.
Acquired Sales Corp. and Cogility Software Corporation
Xavier Hermosillo, 310-344-1494
KEYWORDS: United States North America Illinois Virginia
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