Avineon Awarded Second Software Development Contract by GSA FEDSIM

Alexandria, VA (June 21, 2005): The U.S. Department of Housing and Urban Development (HUD) and GSA’s Federal Systems Integration and Management Center (FEDSIM) have selected Avineon, Inc. to provide full life cycle software development and maintenance services for HUD’s Public and Indian Housing (PIH) Physical Assessment Sub-System (PASS).

Valued at more than $8M over three years, the PASS task order will be performed under GSA’s 8(a) STARS program. The contract is the second awarded to Avineon by GSA and HUD recently. Earlier this year, the company won the Financial Assessment Sub-System-Public Housing (FASS-PH) development contract for HUD’s Public and Indian Housing Real Estate Assessment Center (PIH-REAC).

“We’re pleased that HUD and GSA recognize Avineon’s expertise in enterprise systems and software development,” said Karlu Rambhala, President and CEO of Avineon. “PASS is the largest, most complex subsystem in the PIH-REAC inventory of software systems. Our proven methodology in software development will ensure that this system can meet the rigorous demands of its users.”

PASS provides the means to assess the physical condition of properties in the HUD portfolio. It is the cornerstone of the PIH-REAC suite of products.

Under the terms of the agreement, Avineon will re-engineer PASS from the current ColdFusion environment to leverage Java 2 Platform Enterprise Edition (J2EE) technology, and will evaluate the application of workflow and rules engine technologies.

About Avineon:

Avineon, Inc., a CMM Level 3 and an ISO 9001:2000 registered company, specializes in information technology services and products that optimize data visualization, usability, and effectiveness for government and commercial customers. Avineon’s service offerings include geospatial solutions, information technology services, and engineering services.

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