Pearson Government Solutions Changes Name to Vangent; Expands Service Customers



    
    Vangent Launches New Website to Showcase Company's Leadership, Creativity
    and Innovation
    

    ARLINGTON, Va., March 8 /CNW/ -- Pearson Government Solutions today
announced that its sale to Veritas Capital has officially closed, finalizing
its separation from Pearson plc. In conjunction with the close, the company
changed its name to Vangent, Inc. and expanded its service offerings to better
serve its customers with new services and products.
    Under the terms of the agreement, Pearson plc was paid $600 million and,
as part of the agreement, will retain a minority interest of approximately 10%
in Vangent.  Vangent will retain its existing operating structure. The present
leadership team will remain intact, and Mac Curtis will continue to serve as
chief executive officer. The company will maintain its headquarters in
Arlington, Virginia.
    As a stand-alone company, Vangent is better positioned to provide the
same high-quality solutions that customers have grown to expect over the past
50 years, while expanding its services and solutions to bring an even more
robust offering to the government, commercial and international marketplaces.
    "We are entering into an exciting new period of our company's successful
history," said Vangent President and Chief Executive Officer Mac Curtis.  "Our
status as a stand-alone entity, with owners that are committed to our success,
allows us to target new opportunities in the marketplace and invest in new
solutions and services in a much more aggressive way."
    The name Vangent -- a convergence of the words "vanguard" and "cogent" --
signifies the leadership, vision and compelling solutions the company brings
to its core offerings: consulting, systems integration, human capital
management and business process outsourcing services.
    "What sets us apart is not only our depth and breadth of capabilities,
but also our in-depth understanding of our customers and the unique challenges
they face," added Curtis. "As the demand for innovative solutions continues to
grow, Vangent is at the forefront in designing, building and operating end-to-
end mission-critical systems and processes that deliver real business value to
our customers."
    To showcase the company's leadership, creativity and innovation, Vangent
launched a new website, http://www.vangent.com .  The new website integrates
the resources, capabilities and expertise of the former businesses, including
Pearson Government Solutions, Pearson Analytic Solutions, Pearson Blueprint
Technologies and Pearson Performance Solutions.
    "Our new website will make it easier for customers to learn more about
the depth and breadth of our capabilities," said Curtis.  "Vangent is all
about taking customers' most complex challenges and providing balanced
solutions that deliver exceptional results at a predictable cost. That's why
our website's homepage proclaims, 'Solving our customers' toughest challenges
-- that's what we do!'"

    
    About Vangent, Inc.
    
    With over 5,500 employees worldwide, Vangent is a premier provider of
Consulting, Systems Integration, Human Capital Management and Business Process
Outsourcing services to the U.S. federal, and international governments,
higher education institutions, student financial aid entities and
corporations.  Clients include the Centers for Medicare & Medicaid Services,
the U.S. Departments of Education, Health and Human Services, Justice, Labor,
and Veterans Affairs; the Equal Employment Opportunity Commission and the U.S.
Office of Personnel Management, as well as Fortune 500 companies.
    Headquartered in Arlington, Virginia, the company has offices throughout
the U.S. and in Mexico, the U.K., Canada, Venezuela and Argentina.  Additional
information can be found at: http://www.vangent.com .





For further information:

For further information: Eileen Rivera of Vangent, Inc., +1-703-284-5674
Web Site: http://www.vangent.com

Organization Profile

VANGENT, INC.

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