Opens Door to Substantial Business Opportunities
ATLANTA, March 09, 2020 (GLOBE NEWSWIRE) — DLH Holdings Corp. (NASDAQ: DLHC) (“DLH” or the “Company”), a technology-enabled healthcare research, analysis, and technical services provider to government agencies, today announced that its new DLH Infinibyte® Cloud solution has achieved Federal Risk and Authorization Management Program (“FedRAMP”) “Ready” status. This achievement – approved by the General Services Administration – indicates to federal customers that DLH has undergone a security capabilities assessment and has a high likelihood of achieving FedRAMP Authorization. DLH’s Infinibyte® is on the FedRAMP Marketplace, the central portal for cloud offerings for federal agencies, significantly expanding opportunities for the Company by enabling it to meet the enhanced data security requirements of civilian agencies as well as the U.S. Department of Defense.
“As governments and commercial enterprises work to ensure the confidential integrity and availability of their health data, it is paramount for health IT solution providers such as DLH to be able to deploy cloud services in a fast, secure, and reliable manner,” said Zach Parker, DLH President and CEO. “Kevin Beverly and his team have developed our Platform as a Service (PaaS) offering to support current and future customers and teaming partners facing challenges in health IT, big data and cybersecurity.”
“Our clients regularly utilize large and complex data sets residing in silos requiring varying levels of security,” added Kevin Beverly, DLH S3 Operating Unit President. “Our secure cloud-based platform allows us to provide them with the data storage options they need as well as access, in a secure environment, to the analytic tools to do their work.”
DLH (NASDAQ:DLHC) serves federal government clients throughout the United States and abroad delivering technology enabled solutions in key health and human services programs. The Company’s seven core competencies include secure data analytics, clinical trials and laboratory services, case management, performance evaluation, system modernization, operational logistics and readiness, and strategic digital communications. DLH has over 1,950 employees serving numerous government agencies. For more information, visit the corporate website at www.dlhcorp.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or DLH`s future financial performance. Any statements that refer to expectations, projections or other characterizations of future events or circumstances or that are not statements of historical fact (including without limitation statements to the effect that the Company or its management “believes”, “expects”, “anticipates”, “plans”, “intends” and similar expressions) should be considered forward looking statements that involve risks and uncertainties which could cause actual events or DLH’s actual results to differ materially from those indicated by the forward-looking statements. These statements reflect our belief and assumptions as to future events that may not prove to be accurate. Our actual results may differ materially from such forward-looking statements made in this release due to a variety of factors. For a discussion of such risks and uncertainties which could cause actual results to differ from those contained in the forward-looking statements, see “Risk Factors” in the Company’s periodic reports filed with the SEC, including our Annual Report on Form 10-K for the fiscal year ended September 30, 2019, as well as interim quarterly filings thereafter. The forward-looking statements contained herein are not historical facts, but rather are based on current expectations, estimates, assumptions and projections about our industry and business. Such forward-looking statements are made as of the date hereof and may become outdated over time. The Company does not assume any responsibility for updating forward-looking statements, except as may be required by law.
Contact: Chris Witty