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March 20, 2005

Strategy X Inc. Receives Letter of Intent for a $34 Million Dollar Contract with Russell Gage Corporation

Strategy X Inc., (OTC.PK: SRGX), receives a Letter of Intent from Russell Gage Corporation in support of a $34 million Government Services Administration (GSA) contract. The contract was awarded in 2003, and calls for the installation of hundreds of vehicle barricades at U.S. Air Force bases worldwide.

Harrison, ME (PRWEB) March 20, 2005 -- Strategy X Inc., (OTC.PK: SRGX), receives a Letter of Intent from Russell Gage Corporation in support of a $34 million Government Services Administration (GSA) contract. The contract was awarded in 2003, and calls for the installation of hundreds of vehicle barricades at U.S. Air Force bases worldwide.

Russell Gage, President of Russell Gage Corporation, states, "After the review of the unique capabilities Strategy X Inc. offers, as well as the experience and expertise of there labor force, I believe that it would be in both companies' benefits to attain a working relationship. The Russell Gage Corporation is presently working closely with Strategy X Inc. to conduct installation of popup vehicle barriers at multiple Air Force installations under a $34 million Government Services Administration (GSA) contract. This effort is in support of the United States Air Force Integrated Base Defense CONOPS 2020, which is a continuous endeavor to increase security capabilities at US Air Force bases worldwide. Additionally, as previously mentioned the unique service that Strategy X Inc. offers has several capabilities consistent with my corporation's requirements and needs, I look forward to a long lasting relationship throughout future contracts."

Strategy X Inc., President & CEO Clifford A. Lewis, states, "The Strategy X Inc. contract with Russell Gage Construction will be sending eight to ten professionals as project team leads; managing the barrier installations at approximately 54 Air Force locations. The contract is to begin in April 2005, and should continue through November 2005. Our Survey, Installation and Integration Management (SIIM) Division Director, Wayne Hawkins will take control of the SRGX Installation Team for this joint venture with Russell Gage Corporation. Mr. Hawkins is currently working on the details of the Statement of Work with the Russell Gage Corporation to begin work shortly there after."

Mr. Lewis continues with, "This will mark the first Strategy X Inc. support to the United States Air Force. The SIIM Division of SRGX is already supporting the United States Army, and plans to continue to prove their diverse security system installation expertise to other agencies in both the government and civilian sector."

You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will", "anticipates", "believes", "plans", "goal", "expects", "future", "intends" and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about Strategy X INC please refer to its website at www.srgx.com

Source: Strategy X, Inc.

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Contact:
Strategy X, Inc.
Clifford A. Lewis, 207-583-6700

Posted by Industrial at March 20, 2005 02:30 AM

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