Released on: June 5, 2008, 11:04 pm

Press Release Author: Gaurav \"GP\" Pal

Industry: Software

Press Release Summary: US Federal IT security spending has grown by 63% in the past
five years and is projected to be $6.8 billion in 2009.
"Agencies are struggling to protect their technology infrastructure from
increasingly sophisticated cyber attacks.

Press Release Body:


Rockville, MD, June 06, 2008 -- Leading Federal contracts and Federal marketing
solutions provider fedXccel is reporting that Federal agencies continue to increase
spending IT security initiatives.

US Federal IT security spending has grown by 63% in the past five years and is
projected to be $6.8 billion in 2009.
"Agencies are struggling to protect their technology infrastructure from
increasingly sophisticated cyber attacks," said Gaurav "GP" Pal, fedXccel Chief. "IT
security now is nearly 10% of the overall Federal IT budget and Small businesses
need to position themselves as solution providers rather than just presenting
themselves as generic IT Systems Integrators or Network Engineering firms."

fedXccel is hosting a Free webinar on June 11th, 2008 at 12 PM (Eastern) on
Cybersecurity contract opportunities for Small businesses. Visit
http://www.federalwebinars.com to register.

"Small businesses are uniquely positioned to help Agencies with nimble and
cost-effective solutions that deliver results quickly - but they need to focus their
efforts," said "GP". "Small businesses need to follow the money - Department of
Commerce, Nuclear Regulatory Commission and National Science Foundation have
significantly increased their IT security spend."
For more information on how your business can succeed in the Federal Contracts
market, schedule a free custom consulting session with an experienced Federal
Business Specialist at (877) FED 2WIN.
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Contact:
Gaurav \"GP\" Pal
fedXccel, Inc.
Rockville, MD
(301) 560 2560
gpal@netxccel.com
http://www.fedXccel.com
http://www.federalwebinars.com

Web Site: http://www.fedXccel.com

Contact Details: Gaurav \"GP\" Pal
fedXccel, Inc.
Rockville, MD
(301) 560 2560
gpal@netxccel.com
http://www.fedXccel.com
http://www.federalwebinars.com