SI International Selected as 'Top 10 Big Impact Deals of 2004' by Washington Technology
March 07 2005 - 9:35AM
PR Newswire (US)
SI International Selected as 'Top 10 Big Impact Deals of 2004' by
Washington Technology RESTON, Va., March 7 /PRNewswire-FirstCall/
-- SI International, Inc. (NASDAQ:SINT), an information technology
and network solutions (IT) company, has been named by Washington
Technology magazine as one of the "Top 10 Big Impact Deals of 2004"
for its acquisition of Matcom International Corp on January 21,
2004. Of the 106 acquisitions that occurred among government IT
services companies in 2004, SI International ranked number 4. To
formulate the list, Washington Technology asked a panel of experts
to select the Big Impact deals of 2004 in the government IT
services arena. The acquisition of MATCOM supported SI
International's strategic growth plan to expand into new vertical
markets and enhanced the portfolio of capabilities it provides to
the Federal government. Matcom was SI International's first
acquisition since going public in November 2002, and fifth
acquisition since being founded in October 1998. Since the purchase
of Matcom, SI International has acquired two additional companies,
Bridge Technology Corporation and Shenandoah Electric Intelligence,
Inc., further strengthening SI International's position as a
leading Federal IT company. About SI International: SI
International, a member of the Russell 2000 index, is a provider of
information technology and network solutions (IT) primarily to the
Federal government. The company combines technological and industry
expertise to provide a full spectrum of state-of-the-practice
solutions and services, from design and development to
documentation and operations that assist clients in achieving their
missions. More information about SI International can be found at
http://www.si-intl.com/. The above-referenced statements may
contain forward-looking statements that are made pursuant to the
safe-harbor provisions of the Private Securities Litigation Reform
Act of 1995. Expressions of future goals and similar expressions
reflecting something other than historical fact are intended to
identify forward-looking statements, but are not the exclusive
means of identifying such statements. These forward-looking
statements involve a number of risks and uncertainties, which are
described in SI International, Inc.'s filings with the Securities
and Exchange Commission. These risks and uncertainties include:
differences between authorized amounts and amounts received by SI
International, Inc. under government contracts; government
customers' failure to exercise options under contracts; changes in
federal government (or other applicable) procurement laws,
regulations, policies and budgets; SI International, Inc.'s ability
to attract and retain qualified personnel; and the important
factors discussed in the Risk Factors section of the annual report
on Form 10-K/A filed by SI International, Inc. with the Securities
and Exchange Commission and available directly from the Commission
at http://www.sec.gov/. The actual results may differ materially
from any forward-looking statements due to such risks and
uncertainties. SI International, Inc. undertakes no obligations to
revise or update any forward- looking statements in order to
reflect events or circumstances that may arise after the date of
this release. CONTACT: Alan Hill SI International 703-234-6854
DATASOURCE: SI International, Inc. CONTACT: Alan Hill of SI
International, +1-703-234-6854, Web site: http://www.si-intl.com/
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