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SAIC WINS INEOS GLOBAL NETWORK SERVICES CONTRACT.

Networks Update • Feb 1, 2008 •
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Science Applications International Corporation (NYSE:SAI has been awarded a follow-on contract to provide global network managed services to INEOS, a manufacturer of petrochemicals, specialty chemicals and oil products.

The single-award, time and materials, firm-fixed-price contract has a 42-month base period of performance with a one-year option and a total value of $18 million if the option is exercised.

SAIC will assume operational control of INEOS Global Network Services, managing the operation, maintenance and monitoring of INEOS global wide area network, perimeter security, Internet browsing, intrusion prevention and infrastructure. Work will be performed in the U.S., United Kingdom and other international locations as required.

"This win demonstrates the global capability of SAIC to deliver managed network and security services and strengthens our focus on the commercial energy market," said Doug Charles, SAIC senior vice president and business unit general manager.

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 approximately 44,000 employees in more than 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.

For more information, visit http://www.saic.com or call 703/676-6762.


COPYRIGHT 2008 Worldwide Videotex Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2008, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
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