SAIC Receives 2004 Frances Perkins Vanguard Award

July 9, 2004
(MCLEAN, VA) – SAIC announced today that it has been awarded the U.S. Small Business Administration (SBA) 2004 Frances Perkins Vanguard Award. SAIC received the award in recognition for its exemplary utilization of women-owned small businesses on May 21 at SBA Expo ‘04, held in Orlando, Fla.

George Otchere, SAIC senior vice president and director of small business development programs, received the award on behalf of SAIC. "As an employee-owned company, we understand the power of the entrepreneurial spirit that drives women-owned small businesses to succeed," said Otchere. "This award recognizes our commitment to fostering the success of small businesses and our appreciation for developing relationships that contribute to economic and business success."

For the past five government fiscal years, SAIC has exceeded the five percent statutory goal of subcontracting to women-owned small businesses. The company's commitment to small business development has resulted in nearly a 250% increase in the amount of subcontracting to women-owned small businesses.

Frances Perkins served as Secretary of Labor from 1933 to 1945 under President Franklin D. Roosevelt. The first woman to hold a cabinet-level position, Perkins was a social reformer who brought to her post a commitment to women's issues. The Frances Perkins Vanguard Awards honor government and industry for their excellence in the use of women-owned small businesses as prime contractors and subcontractors. The Frances Perkins Vanguard Awards are based on endeavors to utilize women-owned small businesses in prime contracting and subcontracting programs. The evaluated areas include the following elements: leadership, advocacy, innovation and implementation.

Related Information:

Awards & Recognition

Additional Information:

Visit SAIC's Small Business Programs 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 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, 2004, 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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Press/Public Relations Contacts:
Ron Zollars - San Diego, CA
858-826-7896
zollarsr@saic.com

Alison Williams - McLean, VA
703-676-6762
williamsae@saic.com