SAIC Awarded $78 Million Contract by the Centers for Medicare & Medicaid Services

February 27, 2012

Company to Provide Enterprise Remote Identity Proofing (ERIP) and Multi-Factor Authentication Credential Services


MCLEAN, Va., Feb. 27, 2012 /PRNewswire via COMTEX/ --Science Applications International Corporation (SAIC) [NYSE: SAI] was awarded a prime contract by the Centers for Medicare & Medicaid Services (CMS) to provide Enterprise Remote Identity Proofing (ERIP) and Multi-Factor Authentication (MFA) Credential Services to support CMS in providing this Enterprise Service. The contract has a one year base period of performance, four one-year options and a total value of $78 million, if all options are exercised.

The SAIC team will develop an efficient infrastructure for solving key challenges that arise in identity proofing and authentication requirements of the CMS programs. The solution integrates the latest in identity proofing and credential provisioning (in compliance with NIST 800-63-1 Level 2 and Level 3 assurance), minimizing the risk of fraud while leveraging a secure cloud services model, and enabling access to CMS systems using multiple devices including secure mobile access technologies.

"We look forward to supporting CMS' important mission by delivering an integrated ERIP and MFA cloud services solution that enables trusted access and online transactions in compliance with federal standards," said Charles Beard, SAIC chief information officer and business unit general manager. "Our team of cybersecurity and health information technology experts, as well as global leaders in verification technologies and fraud protection, will provide an innovative solution to this important customer." About SAIC

SAIC is a FORTUNE 500® scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy & environment, health, and cybersecurity. The company's approximately 41,000 employees serve customers in the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. Headquartered in McLean, Va., SAIC had annual revenues of approximately $11 billion for its fiscal year ended January 31, 2011. For more information, visit http://www.saic.com/. 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, 2011, and other such 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.

Contact:

Melissa Koskovich

 

(703) 676-6762

 

koskovichm@saic.com

SOURCE SAIC