SRA Completes Acquisition of Qbase Government Services Assets

FAIRFAX, Va., April 16, 2015 /PRNewswire/ -- SRA International, Inc., a leading provider of IT solutions and professional services to government organizations, today announced the company had completed the purchase of part of the Government Services business of Qbase, LLC.

The acquired assets within Qbase's Government Services business deliver IT support solutions and professional services to help enable the U.S. government's critical missions focused on health IT, homeland security, and law enforcement, further strengthening SRA's footprint and relationships in these key markets.

With the acquisition, SRA will augment its expertise with an incoming Qbase team comprised of highly-skilled software and data architects, developers, data scientists, computer systems analysts, project and quality assurance managers.

Terms of the deal were not disclosed and Houlihan Lokey acted as financial advisor to Qbase.

About SRA International, Inc.
At SRA we combine our creativity, mission experience, technology acumen and domain expertise to deliver innovative IT solutions and professional services to address the toughest mission and operational challenges faced by U.S. government agencies. We are inspired by our customers' missions and strive to provide the best people, working together to generate the best ideas, to deliver the best possible performance - all driven by our enduring values of Honesty and Service®. SRA was founded in 1978. We are headquartered in Fairfax, VA and employ approximately 5,300 professionals operating at home and overseas. Learn more about SRA at www.sra.com.

Any statements in this press release that are not historical data or information constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  These statements are subject to factors and risks that could cause actual results to differ materially from the results SRA anticipates. Some of these factors are set forth in Item 1A of SRA's Form 10-K for its latest fiscal year ended June 30, 2014, and subsequent filings made by SRA with the Securities and Exchange Commission. While SRA may elect to update forward-looking statements at some point in the future, the company specifically disclaims any obligation to do so except as required by law. These forward-looking statements should not be relied upon as representing SRA's views as of any date subsequent to the date of this press release.

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SOURCE SRA International, Inc.

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