MAXIMUS Awarded Iowa SCHIP Administration Contract

RESTON, Va.--(BUSINESS WIRE)-- MAXIMUS (NYSE:MMS) announced today that its Health Services division has been awarded a re-bid contract by the Iowa Department of Human Services to provide administrative services for the State Children's Health Insurance Program (SCHIP). The three year contract is valued at approximately $7.1 million.

Under this contract, MAXIMUS will continue to determine eligibility and manage the enrollment of children into health and dental plans under the Healthy and Well Kids in Iowa (hawk-i) program. MAXIMUS has provided continuous administrative support for the hawk-i program since 2000, including the development and maintenance of an enrollment and financial accounting system, as well as a web-based application system for external customers.

"As the leading SCHIP enrollment administrator, MAXIMUS is pleased to continue our relationship with the hawk-i program," stated MAXIMUS CEO Richard Montoni. "This latest competitive award demonstrates the confidence the Iowa Department of Human Services places in us to fully meet the needs of the state's uninsured children."

MAXIMUS is a leading provider of government services and is devoted to providing health and human services program management and consulting services to its clients. The Company has more than 6,000 employees located in more than 220 offices in the United States, Canada and Australia. Additionally, MAXIMUS is included in the Russell 2000 Index and the S&P SmallCap 600 Index.

Statements that are not historical facts, including statements about the Company's confidence and strategies and the Company's expectations about revenues, results of operations, profitability, future contracts, market opportunities, market demand or acceptance of the Company's products are forward-looking statements that involve risks and uncertainties. These uncertainties could cause the Company's actual results to differ materially from those indicated by such forward-looking statements and include reliance on government clients; risks associated with government contracting; risks involved in managing government projects; legislative changes and political developments; opposition from government unions; challenges resulting from growth; adverse publicity; and legal, economic, and other risks detailed in Exhibit 99.1 to the Company's most recent Quarterly Report filed with the Securities and Exchange Commission, found on www.maximus.com.


    Source: MAXIMUS