New Huntsville Office

(Huntsville – December 8, 2006) Paradigm Technologies, Inc. (Paradigm) celebrated the opening of its new Huntsville Operations office with a ribbon cutting ceremony today that featured local dignitaries such as Huntsville Mayor Loretta Spencer and the Missile Defense Agency’s Mr. Harvey Player, MDA Assistant Deputy for Agency Operations South. Paradigm’s new offices are located in Cummings Research Park at 689 Discovery Drive, Suite 302, Huntsville, Alabama.

“We are incredibly proud of our rapid growth in Huntsville that drove the need to open this new office,” explained Mr. Rob Koch, President and CEO of Paradigm. “We see Huntsville as a critical lynchpin to our continued growth and success as a company providing support to the defense and aerospace communities.”

Paradigm first opened its doors for business in the Tennessee Valley in 2001 with two employees. Since that time, the company has added 50 new employees providing support to local and national customers. In 2006, Paradigm’s Huntsville staff doubled.

“While today we celebrate the opening of our new office, what you really are seeing is a company on the move,” noted Mr. Furney Wood, Vice President in charge of Paradigm’s Huntsville Operations. “We’re experiencing very strong, very sustainable growth. We’re taking advantage of our core professional capabilities and matching those with the existing and emerging needs of our customers. In addition, we’re well positioned to continue to support the missile defense community as it moves to Huntsville under MDA’s reengineering efforts and the BRAC moves.”

“As Paradigm grows, I believe we will continue to see our Huntsville office become a larger part of the company,” Rob Koch explained. “Today, Huntsville represents roughly one-quarter of our workforce. But I see the day when our Huntsville operations will be more like half of our company. Furney and his team have already expanded Paradigm into new customer areas such as the Departments of Agriculture and Labor by providing vital strategic planning support.”

“As we open this new office, it’s important to know that we’re part of the community,” commented Furney Wood. “That’s why we’re delighted that Mayor Spencer and Mr. Player could both be here. I think their presence symbolizes what’s happening here. Most of our employees are life long members of the community and have gone to school and worked here. We’re also lucky to have some staff who have recently moved here from Northern Virginia as part of MDA’s move to Huntsville. Frankly, I’m excited because this is sign of growth for Huntsville and the north Alabama area, and we’re very glad to be a part of it.”

Founded in 1994 as a Woman-owned, 8(a) certified company; Paradigm graduated early from the 8(a) program but remains a small business headquartered in Arlington, Virginia.

Paradigm’s core technical capabilities include Acquisition Program Management, Financial Management, Cost Estimating & Analysis, Strategic Planning, System Engineering, and Mission & Policy Analysis. Paradigm’s missile defense customer base includes the Missile Defense Agency (MDA) and the Ground-based Midcourse Defense (GMD) Joint Program Office (JPO) in both Washington D.C. and Huntsville, as well as the THAAD, Kinetic Energy Interceptor and Aegis Ballistic Missile Defense Project Offices. Paradigm’s customers also include NASA Marshall Space Flight Center, the US Army PEO Missiles & Space, Department of Homeland Security, Department of Agriculture, Department of Labor, US Navy VIRGINIA Class Submarine Program, and the US Air Force’s Aeronautical Systems Center.

Paradigm employs 190 professionals located in Arlington, Virginia; Huntsville, Alabama; Colorado Springs, Colorado; Boston, Massachusetts; Groton, Connecticut; Newport News, Virginia; and Dayton, Ohio. Paradigm is preparing to open a new field office in Dahlgren, VA to support the move of its Aegis Ballistic Missile Defense customer in late 2007. Revenues for the privately-held company were roughly $25 million in 2005. To learn more about Paradigm, please visit our website at www.paradigm.net.

***
Media Contact: Mr. Furney Wood, 256-382-0470 or Mr. Tom Johnson, 703-414-0955, ext 302

Huntsville Mayor Loretta Spencer addresses the audience at the ribbon cutting ceremony. Looking on are Mr. Dave Hargrove of the Chamber of Commerce; Mr. Harvey Player, Missile Defense Agency; and Mr. Furney Wood, Paradigm.

Mr. Dave Hargrove of the Huntsville-Madison Chamber of Commerce presents Mr. Furney Wood, Paradigm's Vice President for Huntsville Operations, a plaque commemorating the ribbon cutting ceremony for Paradigm's new office on December 8, 2006.

The Missile Defense Agency's Harvey Player prepares to cut the ribbon to officially open Paradigm's new office in Huntsville.

We're Open for business to support our Huntsville area customers!