City of Memphis, Tennessee Awards SAIC $37 Million Information Technology Services Contract

MCLEAN, Va., Oct. 4, 2011 /PRNewswire/ -- Science Applications International  Corporation (SAIC) (NYSE: SAI)  announced today it was awarded a prime contract by the City of Memphis, Tenn. to provide comprehensive information technology (IT) services and solutions to the City's Division of Information Services.  The single award contract has a five year base period of performance, two one-year options, and a total contract value of $37 million if all options are exercised.

The Information Services Division manages the city's use of IT infrastructure and systems in the operations and delivery of services to its citizens. Under the contract, SAIC will provide IT solutions in areas including service desk and deskside services; network, cybersecurity and telecommunications support; data center management, and applications maintenance and development. SAIC will also help modernize the city's IT infrastructure to enable greater capabilities, lower costs and strengthen the City's security posture.  The contract will provide opportunities for local minority businesses with over 30% of the contract being delivered by local firms. 

"We are proud to be selected by the City of Memphis to implement world class, scalable and flexible IT solutions that enable them to move to a contemporary IT-managed services model while providing enhanced capabilities across their agencies to improve citizen services," said Doug Wagoner, SAIC senior vice president and business unit general manager.  SAIC has a long history of providing IT services and solutions to large public sector clients across the U.S.

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 41,000 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 $11.1 billion for its fiscal year ended January 31, 2011.  For more information, visit 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, 2011, 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.

SOURCE SAIC

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