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FOOTHILL RANCH, Calif., June 09, 2005 -- iBASEt announced today that it has been selected by the U.S. Navy to compete for work under the $53 billion, 10-year SEAPORT Enhanced Multiple Award Contract (SEAPORTe) umbrella vehicle for Engineering, Technical and Programmatic Support. The award represents both a continuation of the types of activities iBASEt has traditionally performed under other Navy contracts, and a significant opportunity to expand its business base into new areas. Under the contract, iBASEt will compete for task orders to provide a broad range of comprehensive professional support services to the Navy’s various Warfare Center divisions. Vic Sial, President of iBASEt, commented, “ iBASEt and its partners are proud to be a part of the SEAPORTe team. We are eager to support our military men and women and it is an honor for us to put our knowledge and technology to work to enable them to do their jobs more efficiently.” iBASEt ’s contract was awarded for all seven of the Navy’s Warfare Center Zones (Northeast, National Capital, Mid Atlantic, Gulf Coast, Midwest, Southwest and Northwest), allowing iBASEt to perform work under the SeaPort Enhanced contract for Navy clients anywhere in the United States, as well as potential overseas locations. About iBASEt (http://www.ibaset.com) iBASEt , founded in 1986, is a leading provider of high-tech software solutions and services. The company has two divisions: Solumina and Federal Systems Division (FSD). FSD has a distinguished record supporting requirements for NAVAIR, SPAWAR, NSWC, Air Force, Marines, NASA, CENTCOM, and other agencies. iBASEt's Solumina Division pioneered the first client server image-based work instruction delivery and data capture system in the complex assembly, aerospace and defense markets. iBASEt's Solumina Operations Process Management solution is targeted at Process Engineering and Planning, Plant Floor Execution and Quality Management and provides a paperless connection between product engineering, ERP and the plant floor. Users report Solumina has significantly improved productivity, throughput, and provided millions of dollars in annual cost savings. Solumina customers include industry leaders like Boeing, General Dynamics, Lockheed Martin, Northrop Grumman, BWX Technologies and United Technologies. iBASEt contact: Tim Martin, (949) 598-5200 or tmartin@iBASEt.com iBASEt Marketing contact: Conrad Leiva, (949) 598-5200 or cleiva@iBASEt.com
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