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SAI Substrate Artificial Inteligence SA

21.00
0.00 (0.00%)
28 Jun 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
Substrate Artificial Inteligence SA AQSE:SAI Aquis Stock Exchange Ordinary Share ES0105650008
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 21.00 17.00 25.00 21.00 21.00 21.00 0.00 06:57:17
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Department of Energy Awards Contract to SAIC

25/01/2010 9:05pm

PR Newswire (US)


Substrate Artificial Int... (AQSE:SAI)
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Company to Continue Providing Technical, Managerial and Project Support Services to U.S. Energy Information Administration MCLEAN, Va. and SAN DIEGO, Jan. 25 /PRNewswire-FirstCall/ -- Science Applications International Corporation (SAIC) (NYSE:SAI) today announced it has been awarded a prime, follow-on contract by the Department of Energy to provide technical, managerial and project support services to the U.S. Energy Information Administration (EIA). The multiple award, indefinite-delivery/indefinite-quantity contract has a five year base period of performance and a contract ceiling of $288 million for the three awardees. Work will be performed in the National Capital Region. The U.S. EIA is the primary federal agency for collection, analysis, publication, and dissemination of data and forecasts related to energy production, conversion, transportation, and use. Under the contract, SAIC will continue to support the EIA in areas including energy analysis and econometric modeling; statistical analysis; survey operations; and web and data system/software design and development. SAIC may provide deliverables including issue and trend analyses, energy and climate change technology surveys, facilities capital and operation and maintenance cost assessments, and historical trends analysis, as well as web and data system prototypes. SAIC will also help EIA develop, manage, operate, and maintain comprehensive energy data collection programs and systems; and maintain domestic and international energy models for forecasting as required. SAIC has supported the agency in these capacities since 1987. "We look forward to continuing our support of EIA as they continue to provide accurate, reliable and timely, policy neutral energy data and information to meet the needs of government, industry, and the public," said J.T. Grumski, SAIC senior vice president and business unit general manager. About SAIC SAIC is a FORTUNE 500® 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 45,000 employees serve customers in the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. Headquartered in McLean, Va., SAIC had annual revenues of $10.1 billion for its fiscal year ended January 31, 2009. For more information, visit http://www.saic.com/. SAIC: From Science to Solutions® 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, 2009, 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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