* TV Worldwide, a Chantilly-based company that is developing video channels over the Internet, said William L. Schrader, founder and former chairman of PSINet Inc., will join its advisory board to help raise a new round of financing. Schrader, an early Internet entrepreneur, established PSINet in 1989.
* EPlus Inc., a Herndon enterprise cost management company, earned $2.55 million (26 cents per share) on $85.3 million in revenue during its fourth quarter ended March 31, down slightly from net income of $2.6 million (27 cents) on $72.5 million in revenue in the same quarter a year ago. In fiscal 2004 the company earned $10.2 million ($1.02) on $330.6 million in revenue, up 4.5 percent from net income of $9.7 million (96 cents) on $299.7 million in fiscal year 2003. Shares of ePlus rose 72 cents, to $12.50.
* Amsec LLC, a Virginia Beach supplier to the commercial and Navy maritime industry, won a contract from the Fleet and Industrial Supply Center to provide engineering and logistics support to the Fleet Technical Support Center Atlantic. The 10-year contract has a base-year ceiling of $25.5 million. If nine option years are exercised, the potential value is $298.9 million.
* Ashbury International Group Inc., a Sterling company that specializes in military training, security, logistics and technology, won a five-year U.S. Army contract worth up to $155.8 million to provide binocular laser range-finding systems.
* Unisys Corp., a Blue Bell, Pa., information technology company, won a Defense Department contract worth up to $83.5 million. Unisys will provide managed desktop services to the department's finance and accounting agency. The contract is for a five-month base period with five one-year options.
* VSE Corp., an Alexandria engineering, testing and logistics services company, won a four-year, $10 million contract from the Army Communications-Electronics Command to provide administrative, management and technical support to the Air Force pre-positioned equipment program in Guam.
Compiled from reports by Washington Post staff writers, PR Newswire, Business Wire and the Associated Press.