Orlando, Florida, December 3, 2004 – Coalescent Technologies Corporation announced today that it has been awarded a Prime contract position within the Navy’s nation-wide Seaport-Enhanced contract. As a “Multiple Award Contract” (MAC), Coalescent will now compete with other Seaport-e Prime Contractors for specific work tasks in the National Capital Region and the Gulf Coast Region.

The “massive” Navy Seaport -e contract has an initial period of five (5) years with two (2) additional five-year options, potentially taking it through the year of 2018.

Although actual funding to prime contractors must be competed and awarded by each Warfare Center, Coalescent has been awarded a nation-wide ceiling of $ 7.9 billion dollars total (potential) revenue in the first five-year period, and a total evaluated maximum contract value of slightly over $ 27 billion dollars if the government exercises all contract option periods.

The contract will be used by all Navy shore-based activities for “Engineering, Technical, and Programmatic Support Services”. Although this contract is primarily in support of Navy Program Offices, services under this contract will be available throughout the Department of Defense (DoD). Members of the Coalescent Team include Whitney Bradley and Brown (WB&B), and Armed Forces Training Systems, Inc. as authorized subcontractors.

Ken Whitmore, President and CEO of Coalescent commented,” The new Seaport-e omnibus contract will be a key factor in reducing the existing limitations for our continued rapid growth as a company. We have numerous experiences in the recent past where business opportunities with Department of Defense clients were lost due to limiting factors within our smaller Navy contracts. Seaport-e, as a contract, finally appears to substantially reduce these limitations.”

Coalescent Technologies Corporation currently maintains offices at two of the Warfare Centers- the NSWC Panama City, Florida and the Indian Head Division of NSWC in Maryland. Both are positioned to serve the technical needs of the Navy through this Seaport-Enhanced prime contract.

About Coalescent Technologies Corporation
Coalescent Technologies Corporation is an ISO 9001:2000 certified professional engineering firm that provides sophisticated engineering products and services to the Department of Defense, federal agencies, and commercial clients. Established in 1995, Coalescent is privately owned and operated with headquarters in Orlando, Florida. Coalescent maintains divisional offices in the D.C. metro area, and Colorado Springs, and has a large field office located onboard NAVAIR's Webster Field Annex. Additional field offices are located throughout the East coast serving their respective Navy and US Marine Corps clients. Coalescent's staff