RGII Technologies Announces Two Contract Wins

RGII to Support Office of Naval Research; Multi-Mission Helicopters Program Office at the Naval Air Systems Command

RGII Technologies, Inc., an established wholly-owned subsidiary of Computer Horizons Corp. (NASDAQ:CHRZ) that provides program management, technical, engineering, financial and information technology solutions to the federal government market, today announced it has been selected as part of a team to provide program support to the H-60 Helicopters Program Office, PMA-299, located at the Naval Air Systems Command (NAVAIRSYSCOM) in Patuxent River, MD. RGII Technologies, Inc. also announced it has been selected as part of a team to provide program and financial support to the Office of Naval Research (ONR).

In a competitive bid for the five-year PMA-299 contract under the NAVAIRSYSCOM Program Management Multiple Award Contract, RGII was on the team led by D.P. Associates, Inc. (DPA), a wholly-owned subsidiary of L3 Communications, headquartered in Arlington, VA. The team will provide business and financial management support services for PMA-299. Under the agreement, RGII will work with DPA to support PMA-299 by performing financial analyses on engineering and logistics requirements to support production integration efforts, providing acquisition support services to include financial analyses of projected and actual MH-60S production aircraft costs and performing affordability analyses for various acquisition strategies.

As part of its joint effort with DPA, RGII will establish and execute business and financial management processes in accordance with DoD best practices in order to provide support on fiscal year budget planning, program execution and out-year planning, including development and preparation of funds execution documents. The team will also perform financial reconciliation on obligations and expenditure on all funds, update/develop spreadsheets, cost databases and financial status reports as required.

"By selecting RGII as part of the team for the PMA-299 contract, NAVAIRSYSCOM can be assured that our proven expertise and experience in delivering successful business and financial management support services will result in greater efficiency and productivity in managing their program," said Kathryn Freeland, Chief Executive Officer of RGII Technologies. "We look forward to helping PMA-299 integrate and deploy the business and financial solutions they need to augment and enhance NAVAIRSYSCOM's H-60 Helicopters Program Office."

In a competitive bid for the five-year contract with ONR, RGII was on the team led by Alion Science and Technology Corporation of McLean, VA. The team won the opportunity to compete for program support task orders at ONR, which coordinates, executes and promotes the science and technology programs of the United States Navy and Marine Corps. The multiple award task order contract (MATOC) awarded to Alion on Sept. 10, 2004 encompasses technical, programmatic, engineering and business and financial services support.

"Once again, RGII will be working with Alion to deliver innovative solutions that benefit multiple departments across the organization," said Freeland. "As part of the Alion team, we look forward to helping ONR

integrate and deploy the solutions they need to augment and enhance program management, engineering, business and financial aspects of their operations."

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