SRA ANNOUNCES TECHNOLOGY DEVELOPMENT AGREEMENT WITH IN-Q-TEL TO ENHANCE ORIONMAGIC� CAPABILITIES FOR U.S. GOVERNMENT CUSTOMERS
April 19, 2004
Fairfax, VA
SRA International, Inc. (NYSE: SRX), a leading provider of information technology services and solutions to federal government organizations, and In-Q-Tel, the independent non-profit venture capital group funded by the Central Intelligence Agency, today announced a deal to enhance the capabilities of the ORIONMagic® knowledge management system for U.S. Government customers.
A powerful and easy to use suite of tools, the ORIONMagic product is a knowledge management system that supports the collection, analysis, and reporting of information. It enables users to cull through gigabytes of information and store the most relevant pieces, thereby providing more efficient analysis of complex information. The tool organizes data into a hierarchical structure that lends itself to effective reporting, storing, and distribution. ORIONMagic is currently in use at many global law enforcement organizations and U.S. government agencies, including the Departments of Defense and Justice.
“There is an urgent need to be able to capture and extract information that can be organized and expanded on the fly. SRA’s technology provides capabilities that can solve this problem,” said Gilman Louie, CEO of In-Q-Tel.
“We are pleased to work with In-Q-Tel to customize ORIONMagic to meet the specific needs of these government customers,” said Jim McClave, SRA Vice President and Director, Orion Center for Counterterrorism, Counterintelligence, and Law Enforcement. “ORIONMagic enables users to conduct complex research, collect and analyze vast amounts of information, and collaborate, track, and share information with team members.”
About SRA International, Inc.
SRA is a leading provider of information technology services and solutions to clients in national security, civil government, and health care and public health. SRA services include strategic consulting; systems design, development, and integration; and outsourcing and operations management. The Company also delivers business solutions for text and data mining, contingency and disaster response planning, information assurance, environmental strategies and technology, enterprise architecture, network operations and management, enterprise systems management, and wireless integration.
Fortune® magazine has chosen SRA as one of the “100 Best Companies to Work For” for five consecutive years. The Company’s 3,200 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.
OrionMagic is a registered trademark of SRA International, Inc.
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 Annual Report on Form 10-K for the fiscal year ended June 30, 2003 filed with the Securities and Exchange Commission (SEC) on September 29, 2003 and our latest quarterly report on Form 10-Q filed with the SEC on February 13, 2004. In addition, the forward-looking statements included in this press release represent our views as of April 19, 2004. 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 April 19, 2004.