SAIC Acquires Computer Systems Technology

April 16, 2003
(MCLEAN, VA. and HUNTSVILLE, ALA.) - Science Applications International Corporation (SAIC) today announced that it has completed the acquisition of Computer Systems Technology, Inc. (CST), a company that specializes in information technology (IT) services, based in Huntsville, Ala. CST reported annual revenues of more than $90 million for its most recent fiscal year, and employed more than 900 people at the time of its acquisition by SAIC.

"We have found an ideal partner in SAIC - one whose corporate values, commitment to the customer, and focus on employees mirror our business philosophies," said Bobby Bradley, president and chief executive officer of CST. "This acquisition can increase our opportunities for future growth, while providing CST employees with the many advantages offered by an employee owned company."

Founded in 1989, CST provides IT, engineering, programmatic, and logistics services to government and commercial clients throughout the United States. The business will be operated as the Computer Systems Technology (CST) Group and will remain headquartered in Huntsville. The new CST Group will be part of SAIC's Technology Applications Sector, based in McLean, Va. CST's clients include the Department of Defense, the U.S. Army, Navy, and Air Force, NASA, the General Services Administration, the Departments of Interior, Treasury, and Health and Human Services as well as various commercial clients.

"CST has a proven track record of growth and profitability in the federal marketplace and this acquisition can give us the opportunity to expand the level of services and solutions we offer our customers," said Michael Daniels, SAIC vice president and manager of SAIC's Technology Applications Sector. "CST brings long-standing relationships with strategic federal government clients and we look forward to having CST and its employees join SAIC's customer focused business culture."

Additional Information:

Visit SAIC's Information Technology section to learn more about our capabilities in this area.

SAIC is the largest employee-owned research and engineering company in the United States, providing information technology, systems integration and eSolutions to commercial and government customers. From science to solutions, SAIC engineers and scientists work to solve complex technical problems in national and homeland security, energy, the environment, space, telecommunications, health care and logistics. 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, 2003, 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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