SAIC Completes Acquisition of SM Consulting, Inc.

SAN DIEGO and MCLEAN, Va. , May 21 /PRNewswire-FirstCall/ -- Science Applications International Corporation (NYSE: SAI) announced today that it has completed the acquisition of SM Consulting, Inc. (SMC). Headquartered in Linthicum, Md., SMC employs more than 460 people and provides services in language, intelligence, information technology, management consulting, business process outsourcing, training, and logistics to federal, state and local governments and private industry.

SMC offers extensive domain expertise in linguistic services, providing foreign language translation, interpretation and training services in the defense and intelligence communities. The company is a leading provider on the General Services Administration Language Services schedule, and its training services program is accredited by the nationally recognized Accrediting Council for Continuing Education and Training.

SMC will join SAIC's Mission Integration Business Unit, headquartered in Reston, Va.

"SMC's employees and management team share SAIC's steadfast customer commitment and mission focus," said Stu Shea , president of SAIC's Intelligence, Security and Technology Group. "While both organizations offer outstanding support for programs that are vital to our nation, together we will be positioned to apply greater capabilities, deeper expertise and broader experience in this important domain. That creates exciting opportunities for our employees, our company and our customers. We are very pleased to welcome SMC to the SAIC team."

About SAIC

SAIC is a FORTUNE 500(R) scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The company's approximately 44,000 employees serve customers in the Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. SAIC had annual revenues of $8.9 billion for its fiscal year ended January 31, 2008 . For more information, visit www.saic.com. SAIC: From Science To Solutions(R)

Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10-K for the period ended January 31, 2008 , and other such filings that SAIC makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.

SOURCE SAIC



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