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Press Release Source: SOURCECORP

SOURCECORP(R) Awarded Five Year $31 Million Contract From the NOAA National Climatic Data Center
Monday April 17, 1:00 pm ET

DALLAS, April 17 /PRNewswire-FirstCall/ -- SOURCECORP, Incorporated (Nasdaq: SRCP - News) a leading provider of business process outsourcing solutions and specialized high-value consulting services has been awarded a five year, estimated $31 million, contract from the National Climatic Data Center (NCDC) of the National Oceanic and Atmospheric Administration (NOAA). NOAA is an agency of the U.S. Department of Commerce.

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NCDC is the world's largest active archive of weather data. NCDC produces numerous climate publications and responds to data requests from all over the world. NCDC also operates the World Data Center's for Meteorology and Paleoclimatology under the auspices of the World Meteorological Organization. The contract is a vital component of the Climate Database Modernization Program (CDMP) whose mission is to digitize global climate and environmental data and make it easily accessible via the Internet. The CDMP program is an example of a successful government project working with private industry to preserve valuable climate and environmental records. Work will be performed at SOURCECORP's secure data processing centers in Eastern Kentucky.

Addressing the award, U.S. Representative Harold Rogers (R-Ky) of the 5th District of Kentucky and Chairman of the U.S. House of Representatives Subcommittee on Homeland Security Appropriations, stated, "Our region has firmly established itself as a major force in competing for the jobs of the next century. Our economic future relies on our intellect, skills, and willingness to use the tools of the modern computer age to attract and keep jobs. With this project, Kentuckians are using their strong work ethic to help NOAA continue its goal of preserving important weather data that impacts the life of every American. This is a great combination for our region."

Kerry Walbridge, President of SOURCECORP's Business Process Solutions Division added, "SOURCECORP has substantial experience performing this type of work from its high volume Eastern Kentucky facilities. We are very pleased that NOAA has selected our company to continue as a trusted partner in processing data from these valuable records."

About SOURCECORP®

SOURCECORP, Incorporated provides business process outsourcing solutions to clients throughout the U.S. SOURCECORP focuses on business processes in information-intensive industries including healthcare, legal, financial services, government and transportation & logistics. Headquartered in Dallas, the Company has offices in 24 states and operates in approximately 40 states, Washington D.C., Mexico and both domestically and far offshore through alliances.

SOURCECORP is a component of both the S&P SmallCap 600 Index and the Russell 2000 Index. The Company has been cited among the Top 100 Hot Growth Companies by BusinessWeek magazine. SOURCECORP has also been recognized twice by Forbes magazine as one of the 200 Best Small Companies, based on return equity, sales growth, and EPS growth, and by FORTUNE magazine as one of America's 100 Fastest Growing Public Companies. For more information about SOURCECORP's solutions, including case-study examples, visit the SOURCECORP website at http://www.srcp.com/

The statements in this press release, which are not historical fact, are forward-looking statements that involve risks and uncertainties, which could cause actual results to differ materially from such forward-looking statements. These forward-looking statements include, but are not limited to, any contract value estimates, contract length estimates, financial estimates and projections included in this press release and the Company disclaims any intention or obligation to update or revise such estimates or forecasts, except as required by law. The aforementioned risks and uncertainties include, but are not limited to, the risks of a contracting government agency or a specific project not obtaining full congressional funding throughout an estimated contract term, of a modification to estimated volumes under contracts, of integrating our operating companies, of managing our growth, of the timing and magnitude of technological advances, of the occurrences of future events that could diminish our existing customers' needs for our services, of a change in the degree to which companies continue to outsource business processes, of the impact to margins resulting from a change in revenue mix as well as the risks detailed in SOURCECORP's filings with the Securities and Exchange Commission, including without limitation, those detailed under the heading "Risk Factors" in the Company's most recent annual report on Form 10-K. SOURCECORP disclaims any intention or obligation to revise any forward-looking statements, including financial estimates, whether as a result of new information, future events, or otherwise, except as required by law.



Source: SOURCECORP


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