SAIC Completes Acquisition of Cybersecurity Solutions Provider CloudShield Technologies, Inc.

MCLEAN, Va. and SAN DIEGO, Feb. 9 /PRNewswire-FirstCall/ -- Science Applications International Corporation (SAIC) (NYSE: SAI) today announced it has completed the acquisition of CloudShield Technologies, Inc., a leading cybersecurity and management solutions provider headquartered in Sunnyvale, Calif.

CloudShield provides services management and infrastructure security solutions to service providers and national governments worldwide. The company's deep packet inspection (DPI) platform and applications enable customers to inspect, analyze and control all network traffic, helping lower costs, secure infrastructure and generate new revenue streams. The acquisition will enhance SAIC's cybersecurity offering, and help the company bring to market DPI solutions for high speed networks. This will enable SAIC to better meet emerging customer requirements in U.S. federal government and commercial markets. CloudShield's 115 employees will join SAIC's Intelligence and Information Solutions Business Unit, led by Larry Cox.  The BU is part of SAIC's Intelligence, Security and Technology Group led by Stu Shea.

"CloudShield's technology is one that an increasing number of customers in the commercial, international, and telecommunications markets as well as the intelligence and Department of Defense communities are using for a variety of parsing and analytic tasks," said Shea. "This acquisition represents new opportunities for growth and expanded cybersecurity offerings to better support customers."

Terms of the acquisition were not disclosed.

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 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.

SOURCE SAIC

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