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FOR MORE INFORMATION:

Lisa Cox
256.562.2157
lisa.cox@asrcfederal.com

ASRC Federal Unveils Plans for New Building

Investment Signifies Growth Strategy for Future Expansion of Three Subsidiaries in the Huntsville Community

June 29, 2009 – Greenbelt, MD – ASRC Federal Holding Company has announced plans to build a 27,000 square-foot facility in Cummings Research Park in Huntsville, Ala. Construction will begin in July and is expected to be completed in April 2010.

The new building will be located adjacent to the headquarters of Analytical Services, Inc. (ASI), which was acquired by ASRC Federal in 2007. The new building will expand ASI’s Huntsville campus and will provide local offices for two other ASRC Federal subsidiaries, ASRC Aerospace and ASRC Research and Technology Solutions (ARTS).

The new facility is expected to enable ASRC Federal and its subsidiaries to add about 100 jobs in the local area over the next two to three years.

“We are very excited to celebrate the start of our new facility and to expand our presence in the Huntsville community,” said Carl Werner, president and CEO of ASRC Federal. “This building initiative has been a major priority for us. When this building is completed, we will have a facility that offers a great work environment for our employees and can expand to accommodate our future growth. Our investment will have positive local economic impacts, including new jobs, capital investments associated with the construction of the new facilities, and projected tax revenues from the property,” Werner said.

Analytical Services, Inc. Background Information
Analytical Services, Inc. (ASI) is a subsidiary of ASRC Federal Holding Company and is a nationally recognized company providing technical and management solutions in the aerospace and defense marketplace.  Headquartered in Huntsville, Ala., with employee presence across the U.S., ASI is located on the web at www.asi-hsv.com

ASRC Federal  Holding Company Background Information
ASRC Federal Holding Company supports multiple subsidiaries serving a broad range of federal customers by providing support services in engineering, operations and maintenance, information technology, and professional services. ASRC Federal Holding Company is located on the web at www.asrcfederal.com