SAIC Awarded $52 Million National Science Foundation Contract

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Substrate Artificial Inteligence SA	AQSE:SAI	Aquis Stock Exchange	Ordinary Share	ES0105650008

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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

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SAIC Awarded $52 Million National Science Foundation Contract

01/02/2010 12:50pm

PR Newswire (US)

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Company to Help Improve IT Systems and Infrastructure SAN DIEGO and MCLEAN, Va., Feb. 1 /PRNewswire-FirstCall/ -- Science Applications International Corporation (SAIC) (NYSE:SAI) today announced it has been awarded a contract by the National Science Foundation (NSF) to manage the information technology (IT) infrastructure and provide a comprehensive suite of IT, voice and data telecommunications, and related services. This single-award, time and materials contract has a one and a half month phase-in period, a one-year base period and four one-year options with a total value of more than $52 million if all options are exercised. Work will be performed primarily at the NSF's offices in Arlington, Va. The NSF is an independent federal agency created by Congress in 1950 to promote the progress of science. Under the contract, SAIC will help NSF improve systems and database architecture; streamline data center and infrastructures processes; improve communications and collaboration; and develop a more portable, managed service provisioning model. "SAIC is pleased to be supporting the National Science Foundation as they improve their IT infrastructure," said Peter Dube, SAIC senior vice president and business unit manager. "As a science and technology company, it is a great honor to be working with them on this effort." 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, ; Laura Luke, +1-703-676-6533, Web Site: http://www.saic.com/

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