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SAI Saudi Arab.Inv.

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Share Name Share Symbol Market Type Share ISIN Share Description
Saudi Arab.Inv. LSE:SAI London Ordinary Share GB0000447960 ORD SHS $0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

SAIC Awarded $56 Million Task Order from the Department of Veterans Affairs

05/11/2008 12:50pm

PR Newswire (US)


Saudi Arabia Investment Fund (LSE:SAI)
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Company to Provide Comprehensive Software and Engineering Services to Veterans Health Information Systems and Technology Architecture (VistA) Repositories SAN DIEGO and MCLEAN, Va., Nov. 5 /PRNewswire-FirstCall/ -- Science Applications International Corporation [NYSE: SAI] today announced it has been awarded a task order by the Department of Veterans Affairs (VA), Office of Information & Technology, Office of Enterprise Development to provide support to Veterans Health Information Systems and Technology Architecture (VistA) Health Data Systems (HDS) Repositories. The task order has a one year base period of performance, four one-year options and a total value of more than $56 million if all options are exercised. Work will be performed primarily in Salt Lake City, Utah. The task order was awarded under the VistA Contractor Services (VCS) Blanket Purchase Agreement. The HDS Repositories Program is part of VistA, an enterprise-wide electronic health record system used throughout the VA medical system. VistA Repositories support the delivery of care by thousands of VA healthcare providers to millions of veterans seen in more than 150 medical centers, and hundreds of outpatient clinic facilities. Under the task order, SAIC will provide comprehensive software and engineering services to develop, populate, enhance, and maintain these repositories. "The HDS Repositories Program is a key component of the VA's next-generation healthcare information system that will enable the VA to maintain complete and accessible patient record information on the millions of veterans it serves throughout the VA healthcare system," said Robert McCord, SAIC senior vice president and business unit general manager. "We are pleased to continue our support of this vital mission to care for those who have served our nation so honorably." 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 http://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. Contact: Melissa Koskovich Laura Luke (703) 676-6762 (703) 676-6533 DATASOURCE: SAIC CONTACT: Melissa Koskovich, +1-703-676-6762, , or Laura Luke, +1-703-676-6533, , both of SAIC Web Site: http://www.saic.com/

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