FAIRFAX, Va., Jun 21, 2006 (BUSINESS WIRE) -- ManTech International Corporation (Nasdaq:MANT), a
leading provider of innovative technologies and solutions focused on
mission-critical national security programs for the Intelligence
Community; the Departments of Defense, State, Homeland Security, and
Justice; the Space Community; and other U.S. federal government
customers, announced today that it was named to the Business 2.0
magazine list of the "100 Fastest Growing Technology Companies."
ManTech was ranked number 64 and cited for "having an edge in
bidding on government intelligence contracts" and a three-year
annualized growth rate of 25 percent; three-year annualized cash flow
growth of 105 percent; and a one-year stock return of 17 percent.
The magazine compiled their Top 100 list after screening a
universe of more than 2,000 technology companies that have been
publicly traded on a U.S. stock exchange for at least three years,
have a market capitalization of at least $50 million, and have had
positive operating cash flow over the past 12 months. Zacks Investment
Research of Chicago ranked the list of 100 companies based on four
financial criteria: growth in revenue, profit and operating cash flow
during the past three years, and the 12 month stock return as of Dec.
31, 2005.
Business 2.0 magazine, published by Time Inc., has over 2.7
million readers.
ManTech has been recognized by many other sources for its fast
growth and success. Last year Red Herring magazine named ManTech to
its Small Cap 100 Company list for demonstrating "innovative
technology and smart business models that nurture growth and
profitability." In 2004, Business Week magazine selected ManTech as
one of its Top 100 Hot Growth Companies; and also that year,
VARBusiness magazine chose ManTech as one of its Top 50
Fastest-Growing Solution Providers.
About ManTech International Corporation:
Headquartered in Fairfax, Virginia, ManTech International
Corporation is a leading provider of innovative technologies and
solutions for mission-critical national security programs for the
Intelligence Community; the Departments of Defense, State, Homeland
Security, and Justice; the Space Community; and other U.S. federal
government customers. ManTech's expertise includes systems
engineering, systems integration, technology and software development,
enterprise security architecture, information assurance, intelligence
operations support, network and critical infrastructure protection,
information technology, communications integration and engineering
support. The company supports the advanced telecommunications systems
that are used in Operation Iraqi Freedom and in other parts of the
world; provides the physical and cyber security to protect U.S.
embassies all over the world; has developed a secure, collaborative
communications system for the U.S. Department of Homeland Security;
and builds and maintains secure databases that track terrorists. With
over 6,000 highly qualified employees, the company operates in the
United States and over 44 countries worldwide. In 2005, Red Herring
magazine selected ManTech as one of its Small Cap 100 Companies; and
in 2006, Business 2.0 magazine named ManTech one of its 100 Fastest
Growing Technology Companies. Additional information on ManTech can be
found at www.mantech.com.
Forward-Looking Information:
Statements and assumptions made in this press release, which do
not address historical facts, constitute "forward-looking" statements
that ManTech believes to be within the definition in the Private
Securities Litigation Reform Act of 1995 and involve risks and
uncertainties, many of which are outside of our control. Such
forward-looking statements are subject to factors that could cause
actual results to differ materially from those anticipated results.
For a discussion of these and other risks and uncertainties, please
refer to the section entitled "Risks Related to the Company's
Business" in ManTech's Annual Report on Form 10-K filed with the
Securities and Exchange Commission on March 10, 2006, and, from time
to time, in ManTech's other filings with the Securities and Exchange
Commission, including among others, its reports on Form 10-Q and Form
8-K. The forward-looking statements included in this news release are
only made as of the date of this news release and ManTech undertakes
no obligation to publicly update any of the forward-looking statements
made herein, whether as a result of new information, subsequent events
or circumstances, changes in expectations or otherwise.
SOURCE: ManTech International Corporation
ManTech International Corporation, Fairfax
Mark Root, 703-218-8397
Cell: 703-407-9393
mark.root@mantech.com
or
Joseph Cormier, 703-218-8258
joe.cormier@mantech.com
