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CTC to Help SEC Run Oracle IT Applications; Ed Sheehan Comments

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Ed Sheehan

Concurrent Technologies Corp. has won a position on a potential $64.5 million blanket purchase agreement covering engineering services for the Securities and Exchange Commission.

CTC will work with the agency’s information technology office to update applications that use Oracle’s platform, CTC said Friday.

The BPA includes one base year with four option years and was awarded through the General Services Administration‘s IT Schedule 70 vehicle.

“It’s our first opportunity to partner with the U.S. Securities and Exchange Commission,” said Ed Sheehan, CTC president and CEO.

“We look forward to developing innovative solutions for this new client,” he added.

CTC will help the SEC design, develop, integrate, test, deploy, maintain, troubleshoot and update the applications.

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