McNeil Acquires Enterprise Management and Language and Intelligence Companies

SPRINGFIELD, VA (October 7, 2005) – McNeil Technologies Inc., a premier provider of language translation and other critical outsourced services to the U.S. government, announced today that it has acquired ViStar Corp., a leading provider of high-end enterprise management, business process outsourcing, and human resources consulting services based in Alexandria, VA.

ViStar, operating as part of McNeil’s Consulting practice, will continue to focus on its core business solutions and services. Terms of the deal between the two private firms weren’t disclosed.

“This strategic move solidifies our position in the industry by combining McNeil’s expertise and experience with ViStar’s strengths and skills,” said James L. McNeil, CEO of the Springfield-based company. “We plan to use this strength to improve on and add to the services we offer our customers.”

McNeil’s core business areas include language translation services, information management, consulting services, and intelligence and security services.

ViStar’s clients include the U.S. Department of Defense, Office of the Secretary of Defense, Joint Chiefs of Staff, U.S. Army, and the Department of State. Its core competencies and services include management consulting and business process reengineering; business process outsourcing; ERP Systems development; health care systems; human resources management and administrative support.

“Those strengths will be seamlessly integrated with McNeil Technologies’ key areas of expertise to offer our customers innovation and real-time solutions,” McNeil said.

Founded in 1997 by Mr. Fred Pang, over 80% of ViStar’s employees have a Secret or Top Secret security clearance. ViStar has developed a broad range of professional and technical services to provide comprehensive, integrated solutions to manage critical programs for its government clients. It has built a reputation for its ability to formulate and recommend strategic policies to seniorlevel decision-makers on a variety of subject matters affecting the armed services. ViStar has earned numerous commendations and through its successful performance on contracts, has helped its clients win awards including the 2004 Best Integration Enterprise-Wide Initiative from the U.S. Army’s Chief Information Officer for the Strategic Readiness System.

Pang has more than four decades of experience with the DoD, the U.S. Congress, and private industry. He served as the Principal Deputy Under Secretary of Defense for Personnel and Readiness, the Assistant Secretary of the Navy for Manpower and Reserve Affairs, and was a senior professional staff member of the Senate Armed Services Committee from 1987 to 1993. Pang will continue to provide his valuable expertise and leadership to the McNeil organization as Senior Vice President of the ViStar Services Center.

Aronson Capital Partners initiated and served as the financial advisor to Vistar Corporation in this transaction.

McNeil Technologies, Inc. also announced today that it has acquired several Federal government support contracts from ZKD, Inc. These contracts will augment McNeil’s leading language translation and intelligence capabilities and will expand McNeil’s support within the Federal marketplace.

“The organizations supported by these contracts are extremely valuable to McNeil Technologies and we will bring all of our resources to bear in ensuring exceptional contract performance,” said James L. McNeil, CEO of McNeil Technologies.

Terms of the transaction between the two private firms weren’t disclosed.

Based in Springfield, Va., McNeil Technologies is a recognized management consulting company with 20 years of experience and more than 1,000 employees with expertise in language translation services, consulting services, information management, and security services.

Since 1985, McNeil Technologies has been the premier provider of critical professional services and reliable business solutions. Its trained teams of professionals have the backgrounds and credentials in dozens of areas of expertise. Its experts are trained in the McNeil philosophy of quality service, professionalism and customer care. McNeil Technologies has offices in 14 locations nationwide and 14 worldwide. For more information, visit www.mcneiltech.com.

Veritas Capital is a private equity investment firm headquartered in New York. Founded in 1992 by Robert B. McKeon, Veritas invests primarily in defense and aerospace related companies. Veritas' portfolio of companies include, or have included, DynCorp International, Integrated Defense Technologies, Vertex Aerospace, McNeil Technologies, The Wornick Company, and TRAK Communications, among others. Veritas is dedicated to providing the highest level of critical services and equipment to the defense and federal sectors around the world. For more information, please visit www.veritascapital.com.

Media Contact:
Carol Castaneda
Castaneda Global Communications
703-369-0414,
castaneda77@aol.com

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