SM&A Board Receives Letter of 'Unqualified Support' for Current Directors and CEO from Significant Field Leadership Group

  
    
  
  
    
      SM&A (NASDAQ:WINS) Chairman Dwight L. Hanger announced today that the 
      company’s Board has received the following 
      letter from SM&A’s most senior proposal 
      managers expressing “unqualified support” 
      for the company’s current directors and its 
      leadership team headed by Cathy McCarthy, President and Chief Executive 
      Officer.(a) The employees note in the letter 
      that they sent it without solicitation and that they “are 
      significant shareholders, as well as the holders of SM&A’s 
      tradition of excellence.”
    
    
      “We are gratified that our key leaders took 
      it upon themselves to send such a wonderfully supportive letter,” 
      Mr. Hanger said. “This shows they understand 
      that the company is finally on the right track.”
    
    
      
        
           
        
      
      
        
          To:
        
      
      
        
          SM&A Board of Directors
        
      
      
        
          c/o Dwight Hanger:
        
      
      
        
          
            [e-mail]
          
        
      
      
        
           
        
      
      
        
           
        
      
      
        
          We the undersigned SM&A proposal managers wish to express our 
          unqualified support for Mrs. Cathy McCarthy, her corporate 
          leadership team and current board of directors. Together we agree 
          that any further change of management at this time could damage the 
          viability of our company and its stock price. This management team 
          took control less than a year ago and to replace them would disrupt 
          operations by continuing senior management changes we have been 
          experiencing over the past 18 months.
        
      
      
        
           
        
      
      
        
          We feel Mrs. McCarthy, her team, and this board developed a 
          comprehensive strategic plan and are most qualified to guide us 
          along its path toward financial growth, providing long-term benefit 
          to all shareholders. Through directing the development and 
          implementation of this plan, Mrs. McCarthy has demonstrated that she 
          understands what it takes to make SM&A grow while increasing 
          long-term shareholder value.
        
      
      
        
           
        
      
      
        
          We represent the heritage that this company's reputation was built 
          upon and have worked with both the past and present SM&A leadership. 
          We are significant shareholders, as well as the holders of SM&A's 
          tradition of excellence.
        
      
      
        
           
        
      
      
        
          Please note, this letter is offered by SM&A's largest revenue 
          generators, our most senior and tenured proposal managers. It is 
          forwarded without solicitation from, or knowledge of Cathy McCarthy, 
          her leadership team or any of the SM&A Board of Directors.
        
      
      
        
           
        
      
      
        
          Respectfully signed:
        
      
      
        
           
        
      
      
        
          1. Richard Agopsowicz
        
      
      
        
           
        
      
      
        
          2. Mike Bibby
        
      
      
        
           
        
      
      
        
          3. Pat Cosimano
        
      
      
        
           
        
      
      
        
          4. George Coutoumanos
        
      
      
        
           
        
      
      
        
          5. Rick Darco
        
      
      
        
           
        
      
      
        
          6. Erich Feigel
        
      
      
        
           
        
      
      
        
          7. David Folts
        
      
      
        
           
        
      
      
        
          8. Bob Gurin
        
      
      
        
           
        
      
      
        
          9. Holly Hope
        
      
      
        
           
        
      
      
        
          10. Pete Hunter
        
      
      
        
           
        
      
      
        
          11. Herb Iburg
        
      
      
        
           
        
      
      
        
          12. Bob Ingersoll
        
      
      
        
           
        
      
      
        
          13. Lee Manthei
        
      
      
        
           
        
      
      
        
          14. Charles Meyers
        
      
      
        
           
        
      
      
        
          15. Alan Moffatt
        
      
      
        
           
        
      
      
        
          
            16. (b) Carl Molitor
          
        
      
      
        
           
        
      
      
        
          17. Marty Noel
        
      
      
        
           
        
      
      
        
          18. Phyllis Paris
        
      
      
        
           
        
      
      
        
          19. Margie Power
        
      
      
        
           
        
      
      
        
          20. Johanna Purvis
        
      
      
        
           
        
      
      
        
          21. Thomas Roomsburg
        
      
      
        
           
        
      
      
        
          22. John Skiffington
        
      
      
        
           
        
      
      
        
          23. Laurence Van Dolsen
        
      
      
        
           
        
      
      
        
           
        
      
      
        
          
            (b) Not a shareholder
          
        
      
      
        
           
        
      
      
        
           
        
      
      
        
          Acting on behalf of the above signatories.
        
      
      
        
           
        
      
      
        
          George Coutoumanos
        
      
      
        
          
            [e-mail]
          
        
      
      
        
          SM&A Senior Vice President
        
      
      
        
           
        
      
      
        
          
            (a) Permission to quote and reprint this 
            letter was neither sought nor obtained.
          
        
      
      
        
           
        
      
      
        
           
        
      
      
        
           
        
      
      
        
          
            We urge you to Vote your White Proxy Card today to
          
        
      
      
        
          
            re-elect your current Board and
          
        
      
      
        
          
            empower them to continue to guide SM&A to future success.
          
        
      
      
        
           
        
      
      
        
          The Stockholder meeting will be on Friday, May 23, 2008 with 
          stockholders of record as of April 9, 2008 eligible to vote.
        
      
      
        
           
        
      
      
        
          If you have any questions or need assistance in voting, contact
        
      
      
        
          MacKenzie Partners, Inc.
        
      
      
        
          Toll-Free: [phone]
        
      
      
        
          
            [e-mail]
          
        
      
      
        
           
        
      
      
        
           
        
      
      
        
          Please discard and do not sign any gold proxy cards sent to you by 
          Myers.
        
      
      
        
           
        
      
    
    
      About SM&A
    
    
      SM&A is the world's foremost management consulting firm providing 
      leadership and mentoring solutions to PLAN for business capture, WIN 
      competitive procurements and profitably PERFORM on the projects and 
      programs won. Our proven processes, people and tools have delivered 
      significant top-line and bottom-line growth across markets, products and 
      services. From the largest aerospace and defense contractors, through 
      the major software providers, to healthcare and financial/audit service 
      providers, SM&A is the partner many companies turn to WHEN THEY MUST WIN.
    
    
      All stockholders of SM&A are advised to read the definitive proxy 
      statement and other documents related to the solicitation of proxies by 
      SM&A for use at the 2008 annual meeting of stockholders of SM&A. They 
      contain important information regarding the election of directors and 
      other matters. The definitive proxy statement and form of proxy have 
      been mailed to stockholders of record of SM&A along with other relevant 
      documents. They are available at no charge on the SEC’s 
      website at http://www.sec.gov In 
      addition, SM&A will provide copies of the definitive proxy statement 
      without charge upon request.
    
    
      Some statements made in this news release refer to future actions, 
      strategies, or results that involve a number of risks and uncertainties. 
      Any number of factors could cause actual results to differ materially 
      from expectations, including a shift in demand for SM&A's Competition 
      Management and Program services; fluctuations in the size, timing, and 
      duration of client engagements; delays, cancellations, or shifts in 
      emphasis for competitive procurement activities; declines in future 
      defense, information technology, homeland security, new systems, and 
      research and development expenditures, and other risk factors listed in 
      SM&A's SEC reports, including the report on Form 10-K for the year ended 
      December 31, 2007. Actual results may differ materially from those 
      expressed or implied. The company does not undertake any duty to update 
      forward-looking statements.