FOR IMMEDIATE RELEASE 99-123 Contract Award for Electronic and Stenographic Reporting Services Washington, DC, September 28, 1999 -- The Securities and Exchange Commission awarded Contract No. SECHQ1-00-D-0313 for Electronic and Stenographic Reporting Services to Diversified Reporting Services, Inc., 1025 Vermont Avenue, NW, Suite 1250, Washington, DC, 20005. The contract period of performance is October 1, 1999 through September 30, 2000 (Fiscal Year 2000) with four (4) one-year options (October 1, 2000 through September 30, 2004). The estimated total dollar amount for the Base Year/$2,552,770.00; Option I/$2,682,507.50; Option II/2,790,970.00; Option III/$2,898,172.50; and Option IV/$2,998,095.00. The total contract amount for SEC which include option years if the government exercises all options will be $7,055,065.00. The total estimated price for the public will be $6,867,450.00. The grand total for the SEC and the Public, inclusive of all options is $13,922,515.00. # # #