NeoSystems Expands in San Diego and Southern California Market

Makes Key Hire, Tom Hernandez, and Sponsors Small Business Industry Conference

Vienna, Virginia/August 3, 2009 – NeoSystems Corporation, which helps government contractors to meet accounting and financial management challenges, today announced that it is making a significant investment in the San Diego and Southern California market. Initial steps include a key hire and sponsorship at a major industry conference.

“Because of the region’s large and growing number of government contractors, we have long viewed San Diego and Southern California as a prime growth market for our services, and decided to enter the market in a major way,” said Michael Tinsley, CEO and President of NeoSystems.

“San Diego is the home to SPAWAR, the Navy’s Third Fleet, Naval Region Southwest, and other defense and government agencies. Equally important, the region contains hundreds of small businesses that can benefit from our experience and expertise. We help companies to more efficiently and cost effectively meet accounting and financial management challenges, while ensuring they comply with complex and growing compliance regulations,” said Mr. Tinsley.

Mr. Tinsley continued, “We have hired Tom Hernandez to be our Vice President for the Western Region based in our La Jolla office. Tom is an accomplished and seasoned executive with 24 years’ experience and is well-connected in the San Diego region. He has extensive marketing and business development experience selling to government and industry, while also forging long-term relationships.”

Prior to joining NeoSystems Corp., Mr. Hernandez founded and served as President of Defense Connections LLC, a marketing and business development firm that brought small businesses to the government marketplace. He has also served as Corporate Vice President at SAIC, Vice President Business Development at Novasol, and Vice President, Business Development at Steven Myers and Associates.

Mr. Hernandez said, “NeoSystems will be a Silver Sponsor at the upcoming Navy Gold Coast conference, in San Diego, on August 4-5, 2009. We selected Gold Coast as the venue for our San Diego marketing initiative because it is the premier event for small businesses in the western United States.”

“NeoSystems accounting and financial management solutions provide clear and compelling value to government contractors in this region. Companies working with NeoSystems gain a competitive edge and are better able to keep government business and attract new contracts. I am pleased and proud to join the NeoSystems team,” said Mr. Hernandez.

Based in Vienna, Virginia, NeoSystems Corp. (www.neosystemscorp.com) is an employeeowned Managed Service Provider that specializes in accounting and financial management services. It provides full-scope, on-site services to a wide array of publicly held and privately owned government contractors.

Because of its focus and expertise, NeoSystems typically saves clients 30 percent on their accounting costs. Clients avoid all capital investment in software and hardware infrastructure utilizing the NeoSystems service offerings. As a specialty firm, it is also on top of new accounting rules and regulations pertaining to contractors, helping companies comply with these requirements so they can obtain and keep government business.

Contact:
Richard Kirby
Vice President, Sales and Marketing, NeoSystems Corp.
703-217-2863 (cell) or 571-748-3755 (office)
rkirby@neosystemscorp.com

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