Chantilly, VA- May 25, 2009 —Fairfield Technologies Inc. (FTI) is pleased to announce its award of a Mentor-Protégé agreement with Dynamics Research Corporation (DRC) under the auspices of the Department of the Treasury Office of Small and Disadvantaged Business Utilization, effective April 1, 2009. The agreement is in place for a period of five years subject to the terms of the agreement.
The intent of Mentor-Protégé activities is to enhance the maturity of small businesses’ operations and services to better position the protégé firms to bid, win, and deliver on government contracts. DRC’s mentorship of FTI will include management and technical advising in addition to business development assistance for Department of Treasury contracts.
“FTI’s Mentor-Protégé agreement with DRC will enhance our ability to expertly bid and deliver government financial services contracts more effectively,” said Kenneth Fried, President of FTI. “FTI’s past performance on both government and commercial financial services contracts is the basis of current efforts to strengthen corporate capabilities in this arena, and we are pleased to partner with DRC, a proven mentor for small business. This mentor-protégé agreement will allow Fairfield Technologies to improve its own corporate performance and lower infrastructure costs, allowing us to provide truly world-class, best-value services to our Government customers.”