SRX Sra International

SRA Named Outstanding Growth Company of the Year FAIRFAX, Va., May 4 /PRNewswire-FirstCall/ -- SRA International, Inc. (NYSE:SRX), a leading provider of information technology (IT) services and solutions to federal government organizations, has received the 2005 Outstanding Growth Company of the Year Award from the National Capital Chapter of the Association for Corporate Growth (ACG). ACG (http://www.acg.org/) is an association of professionals involved in corporate growth, corporate development, and mergers and acquisitions. The Outstanding Growth Company Award is given to a regional company that has exhibited consistent, sustainable, and profitable growth. The award recognizes SRA for its strong growth in revenue and earnings. In fiscal year 2004, SRA revenue increased by 37 percent to $615.8 million, including 25 percent organic growth. Net income grew by 31 percent, and the company won more than $1.3 billion in new contract awards and improved the total backlog of signed business orders by 34 percent. Strong growth is continuing in fiscal year 2005 (ending June 30, 2005). On May 2, 2005, SRA provided forward guidance for fiscal year 2005 showing growth in excess of 40 percent for both revenue and diluted earnings per share. In the past year, SRA was also named to FORTUNE(R) magazine's list of the "100 Best Companies to Work For" for the sixth consecutive year, and selected as the Large Contractor of the Year by the Northern Virginia Government Contractors Council, the Professional Services Council, and Washington Technology. "We are honored to receive this award from the Association for Corporate Growth," said Renny DiPentima, SRA President and CEO. "Our success is grounded on the core values that we have stressed since our inception: an ethic of honesty and service; quality work and customer satisfaction; and caring about our people." About SRA International, Inc. SRA is a leading provider of information technology services and solutions -- including strategic consulting; systems design, development, and integration; and outsourcing and managed services -- to clients in national security, civil government, and health care and public health markets. The Company also delivers business solutions for text and data mining, contingency and disaster response planning, information assurance, environmental strategies, enterprise systems management, and wireless integration. The Company's 4,000 employees serve clients from its headquarters in Fairfax, Virginia, and offices across the country. For additional information on SRA, please visit http://www.sra.com/. Any statements in this press release about future expectations, plans, and prospects for SRA, including statements containing the words "estimates," "believes," "anticipates," "plans," "expects," "will," and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: our dependence on our contracts with federal government agencies, particularly within the U.S. Department of Defense, for substantially all of our revenue, our dependence on our GSA schedule contracts and our position as a prime contractor on government-wide acquisition contracts to grow our business, and other factors discussed in our latest quarterly report on Form 10-Q filed with the SEC on May 2, 2005. In addition, the forward-looking statements included in this press release represent our views as of May 4, 2005. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to May 4, 2005. DATASOURCE: SRA International, Inc. CONTACT: Laura Luke of SRA International, Inc., +1-703-803-1856, Web site: http://www.sra.com/ http://www.acg.org/

Copyright