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                                                                    EXHIBIT 99.2

                      DELTEK(R) SYSTEMS ACQUIRES SEMAPHORE

MCLEAN, VIRGINIA - AUGUST 10, 2000 - DELTEK SYSTEMS, INC. (NASDAQ: DLTK)
(WWW.DELTEK.COM). Deltek(R), a leading provider of enterprise software to
professional services industries, today announced it has acquired Semaphore,
Inc., a major developer and distributor of advanced financial and project
management software and services for over 2,000 professional services firms.

        Deltek purchased all of the outstanding stock of Semaphore, Inc. for a
price of $10 million in cash pursuant to an Agreement and Plan of Merger.
Semaphore recorded $8.5 million of revenue for 1999 and $4.7 million for the
six-month period ended June 30, 2000.

        "We are very pleased to be joining the Deltek organization," emphasizes
Ray King, Semaphore's CEO. "The two companies share a unified vision for
applying Internet technology to develop back office, front office and e-Business
software for architecture and engineering firms and other professional services
companies. Effective product development in today's economy requires a broad
understanding of many technologies, as well as the deep industry expertise
essential for creating superior solutions. We're confident that Deltek is the
vendor best able to support Semaphore products, and the synergies produced by
joining together Deltek's and Semaphore's wealth of experience, talent and
resources will enable us to deliver tremendous value to our customers, partners
and employees over the long term."

        Semaphore has an active customer base of over 2,000 architecture and
engineering firms of all sizes, from small firms to major corporations with
multiple locations and large-scale, complex projects. Its customers are among
the most well known firms in the architecture, engineering and construction
(A/E/C) industry, including The Thornton-Tomasetti Group Inc. (formerly The LZA
Group Inc.); Greenhorne & O'Mara; Garver Engineers; Huiit-Zollars, Inc.;
Technical Associates; Rummel Klepper Kahl; and Tompson, Ventulett, Stainback and
Associates, Inc.

        "This acquisition is a compelling and natural fit any way you look at
it," says Ken deLaski, Deltek's president and CEO. "Semaphore's large, satisfied
and well-developed customer base and highly-talented team will greatly enhance
Deltek's position as the leading vendor of choice for professional services
firms. More importantly," deLaski emphasizes, "Semaphore and Deltek customers
will benefit significantly from the synergistic combination of three decades of
experience and expertise in developing, implementing and supporting software
solutions - solutions that are empowering thousands of professional services
companies to achieve project business success."

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ABOUT SEMAPHORE, INC.

        Founded in 1984, Semaphore is a leading developer and distributor of
advanced financial and project management software and services for A/E/C and
other professional services firms. Semaphore has over 2,000 architecture,
engineering and other professional services firms of all sizes, from independent
offices to major corporations with multiple locations and large-scale, complex
projects. The company's products have been recognized in the Architectural
Record's Annual Product Reports for the most dramatic product innovations in
client and project tracking, and the firm was recently named as one of the
nation's fastest growing technology companies in the National Technology Fast
500(R). Semaphore is headquartered in New York, NY, with offices in St. Paul,
MN, Tigard, OR, and Diamond Bar, CA.

ABOUT DELTEK(R) SYSTEMS, INC.

        Deltek is a leading provider of business software, solutions and
consulting to over 5,500 professional services firms and project-based companies
worldwide. Deltek's solutions encompass project and financial accounting,
customer relationship management, time collection and employee expense, proposal
automation, project and resource management, human resources and payroll,
business intelligence, and e-Business. The company's 700 dedicated professionals
have extensive insight, knowledge and experience in all areas of professional
services automation. Integrated services include premium-level customer support
and software maintenance, implementation and practice management consulting, and
classroom training. For more information, visit Deltek at www.deltek.com, or
call 800/456-2009 in the U.S., and +44-07000-335835 in the U.K.

DELTEK MEDIA CONTACT:
K. Allen Farber, Press Officer, 800/456-2009 x4544; Cell: 301/437-3585;
afarber@deltek.com

DELTEK INVESTOR RELATIONS CONTACT:
Babette J. Aller, Investor Relations Manager, 800/456-2009, x4444;
baller@deltek.com