News Room

HPTi's news room provides information on the latest news, press releases, and upcoming events.

• September 2011: HPTi Wins CARE Award for the Fourth Year in a Row

  High Performance Technologies (HPTi) was recently selected as a CARE Award winner from the Northern Virginia Family Service. This award recognizes organizations that provide a family friendly workplace and dedicate programs that improve the work and life balance for working families. Over the past 19 years the NVFS's CARE Awards Program has positively impacted the Northern Virginia employer community by influencing companies to implement family-friendly work policies and programs. Some of the programs that demonstrate HPTi's family-friendly best practices include; educational assistance, employee recognition programs, career development, flexible work schedules, events involving families, and a work-life resource center. "This is the fourth year in a row that we have been awarded the CARE Award. Each year we make a point to engage our employees in order to understand and address the needs of working families," says Eleni Antoniou Director of Human Capital at High Performance Technologies.
  
  
  
  For more information visit NVFS's website at http://www.nvfs.org/pages/page.asp?page_id=167952
  
  

• 07 September 2011: DRC Reports 39 Million Contract Award

  Dynamics Research Corporation (Nasdaq: DRCO), a leading provider of innovative management consulting, engineering, and technology solutions, announced that its High Performance Technologies (HPTi) operating unit was awarded a 39 million dollar contract to provide policy, guidance, and human capital support for the Deputy Assistant Secretary of Defense, Systems Engineering (DASD) (SE). The contract's base and options total four years. The contract calls for the company to provide specialty engineering support to the DASD (SE) in the execution of the regulatory and statutory policy, guidance, specialty engineering, and human capital functions of large Department of Defense (DoD) acquisitions.
  
  HPTi has been supporting the DASD (SE) organization since 2004, bringing years of experience in large-acquisitions, the assessment of major defense programs, program management, systems engineering, and hands-on interaction with the Office of the Secretary of Defense. This contract will support the DASD (SE) in ensuring that acquisition programs are getting sufficient systems engineering support to meet cost, schedule, and performance needs.
  
  "We're pleased with this award, which evidences the strength of the HPTi's customer relationships," said Jim Regan, DRC's chairman and chief executive officer. "HPTi's core capabilities in computational science, enterprise technology and planning, systems architecture and engineering, secure mission software development, and knowledge discovery and visualization match well with the technical nature of the objectives of this contract."
  
  "Our team is excited about the opportunity to apply our engineering skills to the mission of the DASD (SE)," said Scott Miller, senior vice president and general manager of DRC's HPTi operating group.
  
  About Dynamics Research Corporation
  
  Dynamics Research Corporation (DRC) provides measurable performance improvements for government customers through the delivery of innovative management, engineering and technology solutions. DRC offers the capabilities of a large company and the responsiveness of a small company, backed by a history of excellence and customer satisfaction. Founded in 1955, DRC is a publicly held corporation (Nasdaq: DRCO) and maintains more than 25 offices nationwide with major offices in Andover, Massachusetts and the Washington, D.C. region.
  
  Safe harbor statements under the Private Securities Litigation Reform Act of 1995: Some statements contained or implied in this news release, may be considered forward-looking statements, which by their nature are uncertain. Consequently, actual results could materially differ. For more detailed information concerning how risks and uncertainties could affect the company's financial results, please refer to DRC's most recent filings with the SEC. The company assumes no obligation to update any forward-looking information.
  
  For more information please visit our website at http://www.drc.com
  
  

• 22 July 2011: HPTi Takes Home Three Stevie Awards from the Ninth Annual American Business Awards

  High Performance Technologies, Inc., (HPTi) took home Financial Executive of the Year, Product Developer of the Year, and Technical Professional of the Year for the prestigious American Business Awards, also known as the "Stevies." Referred to as "the business world's own Oscars" by the New York Post (New York Post, April 27, 2005), the American Business Awards are the only national awards program that honor and recognize the multiple facets of the business world.
  
  Despite competition from around the country, HPTi set a company record, taking home three awards in 2011. Bill Milligan, HPTi's Chief Financial Officer, was named Finance Executive of the Year, Steve Klotz, a Senior Developer at HPTi, won Product Developer of the Year, and Tom Simmavath, HPTi's 2010 employee of the year, won Technical Professional of the Year.
  
  With Bill in the financial driver's seat, HPTi won nearly $200 million in new contracts in 2010, while growing a backlog of over $480 million. Steve Klotz played a key role in the managing the master script and software support of the Navy Ensemble Post-Processing System which gives the Navy the ability to produce more accurate climate change predictions and weather forecasts. Tom Simmavath's expansive knowledge has provided tool development, systems assurance, and quality assurance in the tools needed to field effective fire control systems for many of America's artillery systems.
  
  HPTi continued its tradition of excellence with the American Business Awards. Of the 11 submissions sent to the program, 11 were chosen as finalists: Steve Klotz, Product Developer of the Year, Laura Chamberlain, Communications Professional of the Year, Robert Jones, Customer Service Executive of the Year, Veterans Affairs Support Team, Support Team of the Year, Eleni Antoniou, Human Resources Executive of the Year, Bill Milligan, Finance Executive of the Year, HPTi Internal Trade Show, Best Internal Recognition/Motivational Event, Tom Simmavath, Technical Professional of the Year, HPTi Cloud Computing Team, Information Technology Team of the Year, Diane Lambkin, Information Technology Executive of the Year, and HPTi Cares, Corporate Social Responsibility Program of the Year.
  
  For more information please visit our website at http://www.stevieawards.com/aba
  
  

• 26 May 2011: HPTi Selected as Finalist for "Hottest Management Team"

  HPTi's management team has made it to the finals of the Northern Virginia Technology Council's (NVTC) Hot Ticket Awards. The team is a finalist in the "Hottest Management Team" category. NVTC's Hot Ticket Awards celebrate local companies, in the tech community, who demonstrate an innovative management approach, deliver quality services, and create solutions at a high level. The "Hottest Management Team" nominees are management teams that demonstrate a sound business approach and are comprised of members who work well together while contributing to their company's core mission (the safety and prosperity of America in HPTi's case). The HPTi management team has developed the company into one of the premier technology services companies serving the federal government. HPTi's superior management has led to national acclaim, strategic business growth, and one of the best collections of talent in the industry. HPTi will find out if it is a winner at the June 28th Awards Ceremony.
  
  More information about The Hot Ticket Awards can be found at NVTC's site: http://www.nvtc.org/events/hotticketawards.php
  
  

• 24 May 2011: HPTi Director Appears in Bloomberg Publication

  Ira Sachs, a director at HPTi, was recently published in Bloomberg Government. His article, Build Government IT Projects Around a Business Case: Commentary, appeared in the May 16 th edition.

• 19 May 2011: HPTi Named Finalist for Eleven American Business Awards

  Each year, HPTi nominates outstanding individuals and teams for the American Business Awards. Independent judges review the nominations, select finalists, and name the top team or individual in the country for each category. This year HPTi had eleven finalists. Their work ranges from fighting Somalian pirates, to deploying cloud computing in Afghanistan, to helping define the requirements of the Veterans Administration's healthcare system, to developing tools that improve the quality of America's weapons systems.
  
  The Stevie Awards were created to honor and recognize the accomplishments and contributions of organizations and their staff on a national level. Categories include management, corporate communications and company relations, customer services, human resources, information technology, marketing, and support staff.
  
  Winners will be announced on Monday, June 20, at the awards banquet which is held in New York's Marriott Marquis Hotel. Winners will be recognized in front of more than 600 business leaders. The 2011 Stevie Awards banquet will benefit Camfed, which fights poverty and HIV/AIDS by educating young girls and empowering young women.
  
  HPTi is proud of our finalists:
  • Steve Klotz for Product Developer of the Year
  • Laura Chamberlain, PhD, for Communications Professional of the Year
  • Robert Jones for Customer Service Executive of the Year
  • Veterans Affairs Support Team for Support Team of the Year
  • Eleni Antoniou for Human Resources Executive of the Year
  • Bill Milligan for Finance Executive of the Year
  • HPTi's Internal Trade Show for Best Internal Recognition/Motivational Event
  • Tom Simmavath for Technical Professional of the Year
  • HPTi Cloud Computing Team for Information Technology Team of the Year
  • Diane Lambkin for Information Technology Executive of the Year
  • HPTi Cares for Corporate Social Responsibility Program of the
  
  More information can be found at the American Business Awards website:
  http://www.stevieawards.com/pubs/awards/403_2183_21006.cfm
  
  More information about Camfed can be found at their website:
  http://us.camfed.org/site/PageServer?pagename=home_index

• 16 May 2011: HPTi's Ira Sachs Leads Panel at The National Press Club

  Ira Sachs, a Director in the Enterprise Technologies Group of High Performance Technologies, Inc. (HPTi), led a panel of industry leaders to discuss IT cost and risk reduction - an issue made even more pertinent by the recent budget debates in Congress. The event, hosted at The National Press Club, explored a new approach to IT investment outlined in Sachs' recently published book, Performance Driven IT Management.
  
  Performance Driven IT Management walks through a new approach to managing and improving success rates on large IT projects within the federal government. Sachs lays out his approach in a five step process called performance-driven management (PDM) and explains how risk can be reduced on large IT projects.
  
  PDM could be a valuable solution for addressing major problems that plague federal government IT programs, despite the implementation of numerous best practices and modern program management techniques. The government needs to keep modernizing its IT programs, but given current budgetary constraints, the country cannot afford the mistakes and inefficiencies that come along with poorly conceived and implemented programs.
  
  Sachs' book is available on Amazon.com.

• 26 April 2011: HPTi CFO Bill Milligan Named Smart CXO CFO of the Year

  Bill Milligan is the winner of the 2011 Smart CXO Award in the CFO category. SmartCEO Magazine's Smart CXO Awards recognize some of the most successful executives across the Washington, DC metropolitan area and greater mid-Atlantic business community for their work and accomplishments as they face the challenges and obstacles of today's economy and business world.
  
  Directing HPTi's financial strategy, Mr. Milligan's work has contributed to HPTi's strong financial infrastructure and continuous corporate growth. Mr. Milligan has been HPTi's CFO since 2002. He has seen company revenues more than quadruple and the employee count triple under his watch. He has led innovations in reporting, manager-level profit responsibility, and metrics. He has led HPTi to unprecedented financial success (organic growth of over 15 percent year over year and 8.5 percent profits in 2010).

• 16 April 2011: HPTi Serves the Community

  HPTi volunteers donated their time at Wheatley Education Center in DC as part of the national Servathon. In past years, HPTi has served on the Mall and at the World War I memorial.

• 13 January 2011: HPTi Wins Major Treasury Contract

  Just before year's end HPTi received a 10-year IDIQ award from the Internal Revenue Service at the Department of the Treasury. The total contract ceiling for the TIPSS-4 program is $4 billion. HPTi is one of 25 large primes on the Total Information Processing Support Services (TIPSS) 4 ITS contract, and one of 10 new primes. Task orders will be released under this contract covering a wide range of IT services ranging from development to cyber security to program management.
  
  The award marks the most recent chapter in HPTi's partnership with the IRS. For the past 10 years, HPTi has been enabling IRS budget analysts to better direct their IT spending. What began as a modernization effort resulted in a system that manages a $1.8 billion portfolio. Additionally, HPTi has developed and continues to improve several solutions for the Treasury's Financial Management Service.
  
  “I am so excited about the potential work we can pursue under the TIPSS 4 contract,” stated HPTi Vice President of Enterprise Technologies, Maggie Bauer. “The Department of the Treasury faces some of the most complicated IT challenges that impact America's prosperity. My team is delighted to have the chance to take on some of those challenges in partnership with our government clients.”