SAIC Acquires Object Sciences Corporation

May 12, 2005
(SAN DIEGO and MCLEAN, VA) - Science Applications International Corporation (SAIC) today announced that it has completed the acquisition of Object Sciences Corporation (OSC), based in Alexandria, Va. OSC provides an array of information technology solutions to the federal government.

The acquisition enhances SAIC's capability to support some of its key customers in the areas of intelligence, systems integration and analysis. It also helps position the company to offer total systems solutions within the national security market.

“Joining SAIC will allow the broader impact of OSC technology to serve our combined customers during this time of necessary intelligence transformation,” said Russell Richardson, OSC former president and chief executive officer, and SAIC operations manager. “Our combined strengths can provide more resources and capability to our customers.”

The acquisition of OSC will add approximately 133 employees to SAIC's Operational Intelligence Solutions Business Unit. OSC's involvement in reshaping how intelligence surveillance and reconnaissance information is processed and analyzed has provided critical assistance to the warfighter in Iraq, Korea, and in the global war on terrorism.

“OSC's expertise and capabilities complement SAIC's core competencies,” said John Thomas, SAIC general manager of the Operational Intelligence Solutions Business Unit. “OSC provides us with an array of technical capabilities that will assist in our ability to offer end-to-end solutions for our customers. These new capabilities will allow SAIC to provide full service support to a broad range of key customers. We are proud to have OSC's talented employees as part of the SAIC team.”

Additional Information:

Visit SAIC's National Security, Homeland Security, Systems Integration & Program Management sections to learn more about our capabilities in these areas.

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 www.saic.com.

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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