Small Business Administration Awards $30M Contract to SRA
October 24 2007 - 4:01PM
PR Newswire (US)
Company to Provide Hosting Services for Information Systems
FAIRFAX, Va., Oct. 24 /PRNewswire-FirstCall/ -- SRA International,
Inc. (NYSE:SRX), a leading provider of technology and strategic
consulting services and solutions to federal government
organizations, has been awarded a task order to provide a managed
hosting solution for major information systems at the Small
Business Administration (SBA). The task order, awarded in September
under the Chief Information Officer Solutions and Partners 2
Innovations (CIO-SP2i) contract, has an estimated value of $30
million over four years if all options are exercised. Under this
contract, SRA will host the Disaster Credit Management System, a
Web-enabled electronic loan application processing system to
accelerate the direct loan-making process used in assisting
disaster victims. Since 2002, SRA has worked with SBA's Office of
Disaster Assistance to operate and maintain the system. The SRA
team will deliver program management, managed network, security,
storage, contingency planning, and disaster recovery services. Team
members include CORMAC Corporation; FSIS, Inc.; iGenesis
Corporation; and SAVVIS, Inc. "We are proud to expand our support
for the Small Business Administration," said Stan Sloane, SRA
President and CEO. "The SRA team will infuse industry best
practices to enhance the hosting infrastructure of this vital
national program, ensuring timely and reliable support of American
homeowners and businesses when they need it." About SRA
International, Inc. SRA is a leading provider of technology and
strategic consulting services and solutions -- including 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 contingency and disaster response planning,
information assurance, business intelligence, environmental
strategies, enterprise architecture, infrastructure management, and
wireless integration. FORTUNE(R) magazine has chosen SRA as one of
the "100 Best Companies to Work For" for eight consecutive years.
The Company's 6,300 employees serve clients from its headquarters
in Fairfax, Virginia, and offices around the world. 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 about the estimated
value of the contract and work to be performed, and other
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. In addition, the forward-looking statements included in
this press release represent our views as of October 24, 2007. 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 October 24,
2007. DATASOURCE: SRA International, Inc. CONTACT: David Keffer of
SRA International, Inc., +1-703-502-7731, Web site:
http://www.sra.com/
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