SAIC Receives Recognition for Its Efforts with Historically Black Colleges and Universities
SAN DIEGO and MCLEAN, Va., Sept. 12 /PRNewswire-FirstCall/ -- Science Applications International Corporation (NYSE: SAI) announced today that it has been recognized by the White House Initiative for Historically Black Colleges and Universities (HBCUs) for its outstanding work in providing subcontracting opportunities to the nation's HBCUs.
The award was presented to George Otchere, SAIC senior vice president and director of small business programs, during National Historically Black Colleges and Universities Week in Washington, D.C.
"SAIC taps into the very core and strength of diversity by collaborating with a broad spectrum of HBCUs. Our collective experience and innovative ideas are paramount to jointly addressing the challenges facing our nation," said Otchere. "The award is a recognition of SAIC's commitment to developing business relationships and providing subcontracting opportunities with the nation's HBCUs."
In 1980, President Jimmy Carter signed Executive Order 12232 that established the White House Initiative to strengthen and expand the capacity of historically black colleges and universities. Each President since that time has subsequently issued an Executive Order on HBCUs, with President George W. Bush signing Presidential Executive Order 13256, February 12, 2002. Executive Order 13256 includes a Private Sector Strategy to assist historically black colleges and universities in improving and enhancing the quality and number of private-sector relationships thereby increasing opportunities for these institutions to participate in and benefit from federal programs.
SAIC has worked with HBCUs and other minority institutions for more than a decade. The company has implemented a holistic approach to working with these institutions to increase the level of interaction and activity within the government contracting arena. As a result, SAIC has established scholarship and internship programs, provided funds for the expansion of infrastructure, and established long-term business relationships with such institutions in order to expand their participation in government contracting.
SAIC is a leading provider of scientific, engineering, systems integration and technical services and solutions to all branches of the U.S. military, agencies of the Department of Defense, the intelligence community, the U.S. Department of Homeland Security and other U.S. Government civil agencies, as well as to customers in selected commercial markets. With more than 44,000 employees in over 150 cities worldwide, SAIC engineers and scientists solve complex technical challenges requiring innovative solutions for customers' mission-critical functions. SAIC had annual revenues of $8.3 billion for its fiscal year ended January 31, 2007.
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, 2007, and such other 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
09/12/2007
CONTACT: Melissa Koskovich, McLean, +1-703-676-6762,
koskovichm@saic.com, or Ron Zollars, San Diego, +1-858-826-7896,
zollarsr@saic.com, both of SAIC
Web site: http://www.saic.com
(SAI)