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SAIC Launches Strategic Initiative To Support Historically Black Colleges And Universities And Minority Institutions

SAIC Launches Strategic Initiative To Support Historically Black Colleges And Universities And Minority Institutions

Published 06-28-05

Submitted by Science Applications International Corporation (SAIC)

SAN DIEGO and MCLEAN, Va. - Science Applications International Corporation (SAIC) is building upon its long-standing commitment to Historically Black Colleges and Universities and Minority Institutions(HBCUs/MIs) with the introduction of an initiative designed to foster diversity and promote the participation of minority institutions in the company's procurement and acquisition processes.

"SAIC has embarked on a multi-year effort to substantially increase our activities with HBCUs/MIs," said Arnold Punaro, SAIC executive vice president and general manager of Washington Operations. "Our aim is to support these institutions and their students and also give them greater opportunities to work with our corporation."

The company's plan includes scholarship, training and funding components. SAIC will establish scholarships to be awarded to students at select HBCUs/MIs. The creation of these scholarships will advance the education of highly-qualified students and promote the success and achievement of minorities in technical fields. The company has granted scholarships in engineering, the physical sciences, and related disciplines to students at Alabama A&M University, Florida International University, among other minority institutions.

"SAIC's contribution to the HBCU/MI community is aimed at helping these institutions to be better-equipped to pursue government contracting," said George Otchere, SAIC senior vice president. "We are essentially fostering strong, capable teammates, so we see it as a win-win situation."

Also key to SAIC's new initiative is the development of a training program for HBCUs/MIs which instructs participants in proposal and business development practices in government contracting. More than 20 representatives from six minority institutions have taken part in classroom-based training designed by SAIC to strengthen their institutions' competitive position in the federal government marketplace.

The company also will continue to provide funding to HBCUs/MIs to help government contracting efforts at those institutions. For example, Alabama A&M University, which teams with SAIC on several projects, has received a substantial investment from the company to support the institution's government contracting infrastructure.

From science to solutions, SAIC engineers and scientists solve complex technical problems in national security, homeland security, energy, the environment, space, telecommunications, health care, and logistics. With annual revenues of $7.2 billion, SAIC is the largest United States' employee-owned research and engineering company, with more than 42,000 employees at offices in more than 150 cities worldwide. More information about SAIC can be found at

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 the Company's Annual Report on Form 10-K for the period ended January 31, 2005, and such other filings that the Company 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.

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Science Applications International Corporation (SAIC)

Science Applications International Corporation (SAIC)

Science Applications International Corp. (SAIC) is a premier Fortune 500® technology integrator solving our nation's most complex modernization and readiness challenges across the defense, space, civilian, and intelligence markets. Our robust portfolio of offerings includes high-end solutions in systems engineering and integration; enterprise IT, including cloud services, cyber, and software; advanced analytics and simulation; and training.

With an intimate understanding of our customers' challenges and deep expertise in existing and emerging technologies, we integrate the best components from our own portfolio and our partner ecosystem to rapidly deliver innovative, effective, and efficient solutions.

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