Precise Systems Implements an “Employee Stock Ownership Plan”

Yesterday, at its summer “All Hands” meeting, Precise Systems announced the formation of an Employee Stock Ownership Plan (ESOP) for its employees.  Implementation of an Employee Stock Ownership Plan affords its employees the opportunity to share in the ownership of Precise Systems and benefit from its continued success.  The ESOP enhances the company’s already impressive employee benefits package by providing ownership of Precise Systems stock as an added benefit.

 

Precise Systems has built its solid reputation by providing superior customer support and innovative solutions. The establishment of the ESOP empowers employees, encourages them to expand upon this expertise with continual innovation, and enhance Precise Systems’ already outstanding support to Customers.

 

In making this announcement, President Tom Curtis stated, “I am extremely proud to lead a company which recognizes and directly rewards employees with shared ownership.  Our ESOP exemplifies Precise Systems’ foremost core value which is “Putting People First”.

 

Precise Systems is a Service Disabled Veteran-Owned Small Business (SDVOSB) headquartered in Lexington Park, MD, adjacent to the Patuxent River Naval Air Station with offices in Herndon, Virginia, and Havelock, North Carolina. Precise Systems is comprised of highly-skilled experts who provide specialized program management, engineering, logistics, and information technology (IT) services to its customers. These services, and the ability to provide blended solutions using a multidisciplinary approach, are Precise Systems’ core strengths.