SI International Awarded $11.4 Million U.S. Air Force Materiel Command Contract
November 18 2004 - 8:24AM
PR Newswire (US)
SI International Awarded $11.4 Million U.S. Air Force Materiel
Command Contract RESTON, Va., Nov. 18 /PRNewswire-FirstCall/ -- SI
International, Inc. (NASDAQ:SINT), an information technology and
network solutions (IT) company, today announced that it has been
awarded a prime contract to provide logistics support to the
Headquarters Air Force Materiel Command, Depot Maintenance
Operations and Programs Divisions at Wright Patterson Air Force
Base, Dayton, Ohio. The competitively won task order is valued at
approximately $11.4 million over a five-year period, which includes
a one-year base period and four one-year options. Under the
contract, SI International will perform a variety of services to
enhance Air Force depot level maintenance by assisting the Depot
Maintenance Activity Group (DMAG). Tasks include: conducting
analytical studies, performing material financial analysis,
supporting logistics program implementation, administering
information systems, updating web pages, and maintaining databases.
SI International has provided logistical support to the DMAG for
over six years. "With a strong background in engineering and
logistics, we look forward to the ongoing opportunities to support
the Air Force Materiel Command with their transformation efforts at
Wright Patterson Air Force Base," said Brad Antle, President and
COO of SI International. "The SI International team has served us
well over the past six years and we are optimistic their solid
support will continue as we transform our depot maintenance
policies and processes that will deliver 100 percent on-time
aircraft to warfighters at reduced cost and of the highest quality
possible," said Colonel Gene Collins, Chief, Depot Maintenance
Programs Division. 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, Inc., +1-703-234-6854, or Web site:
http://www.si-intl.com/
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