5/1/2003 - The Titan Corporation (NYSE:TTN) announced that Cobb County School District in Marietta, Georgia, had awarded the company a five-year, performance based contract having a potential value of $50 million. Through this contract, the Cobb County School District will outsource virtually all of its Information Technology (IT) services, resulting in an estimated $5 million savings to the District.
“Our goal in outsourcing our IT services is to improve quality of service and provide a long-term cost savings in support of our IT functions,” said Joe Redden, School Superintendent. “After a competitive selection process, we believe Titan is the best partner to help us achieve this goal while producing a cost savings of approximately 10 percent for the district.”
As part of this contract, Titan will provide the District with the full range of IT services including help desk and field technical support services, local and wide area network operations and maintenance, telecommunications support, data center operations, applications development and maintenance, disaster recovery planning, technical consultation to school staffs, and related technical and management support services.
"This award provides further evidence of Titan's solid background and capabilities in providing customer focused enterprise IT support solutions," said Gene Ray, Titan's chairman, president, and CEO. "Today, as budget’s become tighter for school systems nationwide, the quest for obtaining cost savings-especially in the realm of enterprise IT- is a high priority for most every school administrator.
Cobb County School District is the 28th largest in the country and includes 112 schools, education centers and administrative buildings and over 112,000 students and employees.
Headquartered in San Diego, The Titan Corporation is a leading provider of comprehensive information and communications systems solutions and services to the Department of Defense, intelligence agencies, and other federal government customers. The company has approximately 10,400 employees and current annualized sales of approximately $1.5 billion. For more information on The Titan Corporation, please visit our website at: www.titan.com
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