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DataPath Recognized for Its Leading Ethics Programs
Apr 14, 2008 (08:04 AM EDT)
DULUTH, Ga., April 14 /PRNewswire/ -- DataPath, Inc., a leading provider of satellite and wireless communications networks around the world, was honored for its leading ethics program initiatives by the Ethisphere Institute, a think-tank dedicated to the research and promotion of best practices in business ethics and compliance.
Ethisphere recently completed research for its Government Contractor Ethics Program Ratings and Rankings and published the results in the first quarter issue of Ethisphere Magazine. DataPath was ranked:
-- No. 1 in "Small Company Ethics Programs." -- No. 3 among private companies. -- No. 13 among all government contractors.
In addition, the company was recognized as having one of the "Ten Best Codes of Ethics and Business Conduct", including the highest rating for "Tone from the Top."
"At DataPath, our ethical standards are key to our culture, business practices and strong business relationships with government customers as well as our partners and suppliers," said Dave Helfgott, president and CEO of DataPath. "We appreciate being recognized for the standards that we apply to our business every day."
As part of the research initiative, Ethisphere analysts researched and contacted more than 1,000 federal government contractors based on their total contract value for 2006. The rankings are based on the companies' ethics programs, including information voluntarily provided by the participants. Many of the industry's top contractors participated in the study, which takes into account new Federal Acquisition Regulation (FAR) rules regarding U.S. government contractors' ethics programs and other criteria for compliance programs and industry best practices.
About DataPath, Inc.
DataPath is a global leader in creating satellite-based network solutions that solve customers' toughest communications challenges. We specialize in enabling highly complex, video-intensive communications networks that are critical to the operations of military, civilian government and commercial organizations. Even in the most urgent time frames and extreme conditions, we establish and maintain communications anywhere and deliver total network control through our communications solutions, MaxView(R) network control software and comprehensive services. SWE-DISH Satellite Systems AB, a Stockholm-based, global leader in the design and manufacture of mobile satellite communications systems, is a wholly owned subsidiary. DataPath is headquartered in Duluth, Ga., U.S.A. and operates via more than two dozen offices and distributor locations around the world. For more information, visit www.datapath.com .
Safe Harbor Disclosure
This press release, other than historical information, contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, that are based on management's beliefs and assumptions, current expectations, estimates and projections. Forward-looking statements may include projections and estimates concerning the timing and success of specific projects and the future revenues, income and capital spending of DataPath, Inc. (the "Company.")
A variety of factors beyond the control of the Company may affect the Company's performance, including, but not limited to the Company's ability to sustain its historical growth rate; the Company's dependence on sales to the U.S. government for a high percentage of its revenues; increased competition using commercial off-the-shelf (COTS) hardware and software solutions; changes or delays in U.S. government funding programs and priorities; termination or modification clauses contained in U.S. government contracts; continued supply of critical components and services, including COTS-based hardware; maintenance of exclusive procurement or marketing rights with key suppliers; restrictions contained in federal and international procurement laws and regulations; and operation in international markets, including the application of international and foreign domestic laws and regulations.
Any of the above factors and numerous others not listed nor foreseen may adversely affect the Company's financial performance. Forward-looking statements speak only as of the date on which they were made, and the Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
Media Contact: Peter K. Herbert Director, Corporate Communications +1-678-597-0638 email@example.com
CONTACT: Peter K. Herbert, Director, Corporate Communications of DataPath, firstname.lastname@example.orgInc., +1-678-597-0638,
Web site: http://www.datapath.com/