Alion Acquires the Assets of LogConGroup, Inc.
Technology solutions provider expands capabilities in ammunition logistics program management
August 13, 2007, McLean, VA – Alion Science and Technology, a technology solutions provider to government and industry, today announced that it has acquired substantially all of the assets of LogConGroup, Inc., a logistics technology and total asset visibility management company. Terms of the deal were not disclosed.
LogConGroup expertise focuses on providing logistics technologies, program management, and the implementation of Automatic Identification Technology (AIT) solutions, including active RFID networking and logistics inventory tracking systems for the US Department of Defense and commercial business markets.
“With the acquisition of the assets of LogConGroup, Alion will be able to extend our capabilities and presence in the high-value asset and identification and tracking market,” stated Rick Meidenbauer, Alion Spectrum Engineering Group Manager. “Our RFID, sensor and wireless capabilities are well-established, so this is a logical step for Alion. LogConGroup’s capabilities to track Class V munitions and other high-value military and commercial assets mesh well with ours, so we can support and help expand their current work with the resources of a much larger technology innovator.”
“We are actively engaged in providing logistics transformation and emerging logistics technologies for all Joint and Army Depots,” said Paul J. Ricciuti, founder of LogConGroup. “As part of Alion, we can extend our service capabilities to existing and new Alion customers. Culturally, we believe it’s a great fit, and we expect to make the transition quickly.”
This press release contains information about management’s view of Alion’s future expectations, plans and prospects that constitute forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by these forward-looking statements as a result of a variety of risk factors and uncertainties discussed in documents periodically filed by Alion with the SEC. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.