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CSI Receives Order for Its First Technology Stimulus Project

Mon. August 24, 2009; Posted: 09:16 AM
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EASLEY, SC, Aug 24, 2009 (MARKETWIRE via COMTEX) -- CSWI | Quote | Chart | News | PowerRating -- CSI Technology Outfitters (Computer Software Innovations, Inc.) (OTCBB: CSWI | Quote | Chart | News | PowerRating) announced today that it will be installing 21st Century Interactive Classroom solutions in approximately 100 classrooms representing approximately $500,000 in Dillon School District Two, located in Dillon, SC. While CSI received stimulus money in May for a software project with Edgefield County Senior Citizen Council, this is the first CSI technology project funded through the American Recovery and Reinvestment Act (ARRA). Dillon School District Two is utilizing a portion of these funds that have been obtained through ARRA to implement this project.

"We are pleased to be working with Dillon School District Two to improve the classroom technology available to their students," said Nancy Hedrick, CSI CEO. "CSI has been monitoring the progress of the ARRA since its passage in February. The education funding available through the ARRA is targeted in several areas including Stabilization, Title I, IDEA, and Enhancing Education Through Technology (E2T2). CSI has provided educational technology solutions to many districts in the past through Title I and E2T2 funding."

"According to the ARRA website, ARRA funds should be used to drive school reform and improvement," continued Hedrick. "CSI offers many software and technology solutions that help schools meet these goals, including 21st Century Classroom technologies as well as One-to-One Computing Initiatives. The 21st Century Classroom includes interactive whiteboards, audio augmentation, document cameras, and distance learning. The One-to-One initiative provides a laptop or mini-notebook for students and teachers, along with software tools to provide collaboration portals and access to various online resources. This is an exciting time to be involved in providing these solutions to the K-12 education sector."

"CSI has provided software and technology solutions to our district for many years," said Paula Yohe, Director of Technology for Dillon School District Two. "We have implemented classroom technology as well as our district-wide infrastructure with the assistance of the CSI team. We also utilize CSI's Curriculator software for lesson-planning and Accounting+Plus for our district financial system. We value our partnership with the CSI team. CSI has been a great support for the continued success of our technology projects throughout the district. They have a committed and innovative team that has provided technical expertise and support whenever it has been needed."

About Computer Software Innovations, Inc.

CSI provides software and technology solutions to public sector markets. The CSI 21st Century Connected School solution has established the company as a major technology provider to the southeast education market. The CSI 21st Century Connected School is a seamless integration of instruction, collaboration, and network solutions that has been a significant factor in doubling company revenue in the past two years to over $58 million and increasing education revenue contribution to approximately 90% of total revenue.

The CSI solution portfolio encompasses proprietary accounting software specialized for the public sector, lesson planning and identity lifecycle management software, SharePoint development, network infrastructure and end device solutions, IP telephony and IP convergence applications, network management solutions and services, and interactive classroom technologies. More information about CSI (OTCBB: CSWI | Quote | Chart | News | PowerRating) is available at www.csioutfitters.com.

Forward-Looking and Cautionary Statements

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Among other things, these statements relate to our financial condition, results of operations and future business plans, operations, opportunities and prospects. In addition, we and our representatives may from time to time make written or oral forward-looking statements, including statements contained in filings with the Securities and Exchange Commission and in our reports to stockholders. These forward-looking statements are generally identified by the words or phrases "may," "could," "should," "expect," "anticipate," "plan," "believe," "seek," "estimate," "predict," "project" or words of similar import. These forward-looking statements are based upon our current knowledge and assumptions about future events and involve risks and uncertainties that could cause our actual results, performance or achievements to be materially different from any anticipated results, prospects, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are not guarantees of future performance. Many factors are beyond our ability to control or predict. You are accordingly cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date that we make them. We do not undertake to update any forward-looking statement that may be made from time to time by or on our behalf.

In our most recent Form 10-K, we have included risk factors and uncertainties that might cause differences between anticipated and actual future results. We have attempted to identify, in context, some of the factors that we currently believe may cause actual future experience and results to differ from our current expectations regarding the relevant matter or subject area. The operations and results of our software and systems integration businesses also may be subject to the effects of other risks and uncertainties, including, but not limited to:

--  a reduction in anticipated sales;
--  an inability to perform customer contracts at anticipated cost levels;
--  our ability to otherwise meet the operating goals established by our
    business plan;
--  market acceptance of our new software, technology and services
    offerings;
--  an economic downturn; and
--  changes in the competitive marketplace and/or customer requirements.

Contacts:
Company Contact:
David Dechant
Computer Software Innovations, Inc.
(864) 855-3900
ddechant@csioutfitters.com

Investor Contact:
Daniel Conway
DC Consulting, LLC
(407)792-3332
Daniel@dcconsultingllc.com


SOURCE: Computer Software Innovations, Inc.

mailto:ddechant@csioutfitters.com
mailto:Daniel@dcconsultingllc.com
For full details for CSWI click here.

    


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