SI International Awarded a Multi-Million Dollar Contract Supporting Defense Intelligence Agencies
May 10 2005 - 9:31AM
PR Newswire (US)
SI International Awarded a Multi-Million Dollar Contract Supporting
Defense Intelligence Agencies RESTON, Va., May 10
/PRNewswire-FirstCall/ -- SI International, Inc. (NASDAQ:SINT), an
information technology and network solutions (IT) company, today
announced that it has been awarded a new prime contract to provide
training support to defense intelligence agencies. This is a
multi-million dollar competitively won task order over a three-year
period, which includes a one-year base period and two one-year
options. SI International, under the Bridge Technology subsidiary,
will assist the National Security Agency in providing training to
personnel on a new financial management system. Work to be
performed by SI International includes: program management, course
development and platform instruction for over 6,000 students
worldwide. "This contract win expands our work with the
intelligence community and illustrates the first of what we expect
will be many new projects being performed using our intelligence
platform," said Ray Oleson, Chairman and CEO of SI International.
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 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 of SI
International, +1-703-234-6854, or DATASOURCE: SI International,
Inc. CONTACT: Alan Hill of SI International, +1-703-234-6854, or
Web site: http://www.si-intl.com/
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