FAIRFAX, Va., Sept. 30, 2011 /PRNewswire/ -- Innolog Holdings Corp. (OTCBB: INHC) today announced that its wholly owned subsidiary, Innovative Logistics Techniques, Inc. (INNOLOG) received special recognition as part of the Headquarters Department of the Army selection to receive the "Army Knowledge Award (AKMA) for 2011."
The award was presented on August 23rd, at a special award ceremony held in Tampa, Florida. The Army CIO/G-6 AKMA Program is an annual event that recognizes outstanding individuals, groups or organizational efforts that implement the 12 AKM Principles in support of mission goals and objectives. This year the AKMA theme is "Improving Decision Making by Establishing a Knowledge Management Culture."
INNOLOG has served as the Information Technology and Knowledge Management lead, and consulting team for DCS G-4 for the past sixteen years (16). This selection marks the second year in a row that Army G-4, supported by INNOLOG, has won an Army Knowledge Management Award (AKMA).
Jerry Thomas, INNOLOG's Senior Vice President for Army programs commented, "This an important award because it exemplifies the level of professional emphasis that INNOLOG and the Army G-4 place on collaboration, exploiting knowledge based practices and training to support the G-4 mission."
Richard Stewart, INNOLOG's President added, "We are pleased with Jerry, his team and the outstanding work they do in support of the Army's objectives. We are proud of this recognition and look forward to providing continued support to the Army."
Innolog Holdings Corporation was formed in March 2009 as a holding company for the purpose of acquiring businesses that provide services primarily to federal government entities. Our primary subsidiary, Innovative Logistics Techniques, Inc. (www.Innolog.com), was founded in 1989 to help the Department of Defense address complex logistics business problems. The company is a federal government contractor that brings world-class solutions and leading edge process oriented thinking to the U.S. military, civilian agencies and state and local governments to provide solutions to complex logistics problems.
INNOLOG is an International Organization for Standardization (ISO) 9001:2008 certified Small Business focused on providing the best possible solutions to its customers through the use of highly qualified experts, sound business practices and customized management tools. Employing professional and technical personnel in support of numerous government entities, INNOLOG has grown from a staff of eight with a $250,000 contract to its current level of $6 million in annual revenues.
Additional information is available at www.Innologholdings.com
Statements in this press release that are not statements of historical or current fact, such as the expectation of future revenue growth and profitability, constitute "forward-looking statements". Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause Innolog's actual results to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. Factors that could cause Innolog's results to be materially different from the forward-looking statements include whether Innolog will be able to find financing when and as it needs it and whether Innologs's revenues will eventually exceed its expenses. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in Innolog's reports filed with the Securities and Exchange Commission, which are available for review at http://www.sec.gov/.
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SOURCE Innolog Holdings Corp.