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# Santa Monica tech firm has stake in $1B network deal
- URL: https://www.smdp.com/santa-monica-tech-firm-has-stake-in-1b-network-deal/
- Published: 2004-12-25T16:00:00.000Z
- Updated: 2026-10-23T05:52:58.000Z
- Author: Guest Author
- Tags: local, Downtown, #archive-import

*DreamHammer to help build network for U.S. Treasury Department*

*By Daily Press staff*

DOWNTOWN — A Santa Monica firm has been chosen to help build a computer network for the U.S. Treasury Department that is expected to serve tens of thousands users around the world.

The estimated $1 billion project will be overseen by AT&T Government Solutions, which has brought in a handful of established outside firms. One of those firms is DreamHammer Inc., an Internet technology company located at 501 Colorado Ave. in downtown Santa Monica.

A spokesman said AT&T’s team of techies will build a secure, high-speed network designed to handle the Treasury’s voice, video and data traffic. It will serve more than 1,000 domestic locations.

Treasury personnel will be able to communicate with any location or data center over the network, which will be designed to accommodate future requirements, such as voice over technology and real-time video services. Using a Web-based interface, Treasury users will have access to online ordering, billing, help desk support and network performance information, according to spokesman Jim McGann.

Also working on the project under AT&T will be Illinois-based Accenture LLP; BAE Systems of McLean, Va.; GTSI of Chantilly, Va.; Lucent Technologies of Murray Hill, N.J.; and SRA of Fairfax, Va. The technical name for the planned network is an Internet Protocol Virtual Private Network (IP VPN).

“We have assembled the best companies in the industry to assist us in implementing a secure IP network that will accommodate the future convergence of voice and data while transitioning smoothly from current technology,” said Lou Addeo, president of AT&T Government Solutions, in a prepared statement. “We’re proud to serve the Treasury Department and look forward to using our network integration skills to deliver a solution that could become a model for agencies that are thinking about how to prepare for the networking of the future.”

The AT&T contract calls for three base years and seven one-year options. Its value could reach $1 billion, according to McGann, who added the network, once completed, will be the largest for any civilian agency.

*Originally published in the Santa Monica Daily Press print edition on December 25, 2004.* [Read the original PDF.](https://s3.us-east-1.amazonaws.com/smdp%5Fbackissues/122504.pdf?ref=smdp.com)