RESTON, Va., Oct. 8 /PRNewswire-FirstCall/ -- SI International, Inc. , an information technology and network solutions (IT) company, has been named for the second year in a row to Deloitte's prestigious Technology Fast 50 Program for Virginia. The rankings of the 50 fastest growing technology companies in the area are produced by Deloitte & Touche LLP, one of the nation's leading professional services firms. Rankings are based on the percentage of growth in fiscal year revenues over five years, from 1999-2003. Wilmer, Cutler, Pickering, Hale and Dorr is the sponsor for this year's Virginia Technology Fast 50 program, and PR Newswire is the official media partner.
SI International's Chairman and CEO, Ray Oleson, credits the company's strategic focus on Federal IT modernization, defense transformation, homeland defense, and mission-critical outsourcing for generating 397 percent revenue growth from 1999-2003. Oleson said, "SI International is honored to receive this award. In today's world, the Federal Government is facing an array of urgent challenges in the areas of security, IT modernization, and defense transformation, both domestically and abroad. We are proud to stand with the Government in meeting these challenges through our unwavering commitment to offering mission-critical IT support. Our phenomenal growth is a testament to the diligent work SI International's professionals put into every Government IT project."
SI International's increase in revenues resulted in a 27 ranking in the Fast 50 for Virginia. To qualify for the Technology Fast 50, companies must have generated operating revenues of at least $50,000 in 1999 and $1,000,000 in 2003. The winners of the 19 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies. For more information on the Fast 50 or Fast 500 programs, visit http://www.fast500.com/.
About Deloitte: Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu," or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein. Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu. In the U.S., services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Tax LLP, and their subsidiaries), and not by Deloitte & Touche USA LLP.
About SI International: SI International, a member of the Russell 2000 index, is a provider of information technology and network solutions (IT) primarily to the federal government. The company combines technological and industry expertise to provide a full spectrum of state-of-the-practice solutions and services, from design and development to documentation and operations, to assist clients in achieving their missions. More information about SI International can be found at http://www.si-intl.com/.
The above-referenced statements may contain forward-looking statements that are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, which are described in SI International, Inc.'s filings with the Securities and Exchange Commission. These risks and uncertainties include: differences between authorized amounts and amounts received by SI International, Inc. under government contracts; government customers' failure to exercise options under contracts; changes in federal government (or other applicable) procurement laws, regulations, policies and budgets; SI International, Inc.'s ability to attract and retain qualified personnel; and the important factors discussed in the Risk Factors section of the annual report on Form 10-K/A filed by SI International, Inc. with the Securities and Exchange Commission and available directly from the Commission at http://www.sec.gov/. The actual results may differ materially from any forward-looking statements due to such risks and uncertainties. SI International, Inc. undertakes no obligations to revise or update any forward- looking statements in order to reflect events or circumstances that may arise after the date of this release.
Contact: Alan Hill SI International 703-234-6854 alan.hill@si-intl.com
SI International, Inc.
SI International's Chairman and CEO, Ray Oleson, credits the company's strategic focus on Federal IT modernization, defense transformation, homeland defense, and mission-critical outsourcing for generating 397 percent revenue growth from 1999-2003. Oleson said, "SI International is honored to receive this award. In today's world, the Federal Government is facing an array of urgent challenges in the areas of security, IT modernization, and defense transformation, both domestically and abroad. We are proud to stand with the Government in meeting these challenges through our unwavering commitment to offering mission-critical IT support. Our phenomenal growth is a testament to the diligent work SI International's professionals put into every Government IT project."
SI International's increase in revenues resulted in a 27 ranking in the Fast 50 for Virginia. To qualify for the Technology Fast 50, companies must have generated operating revenues of at least $50,000 in 1999 and $1,000,000 in 2003. The winners of the 19 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America's top 500 fastest growing technology companies. For more information on the Fast 50 or Fast 500 programs, visit http://www.fast500.com/.
About Deloitte: Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte," "Deloitte & Touche," "Deloitte Touche Tohmatsu," or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein. Deloitte & Touche USA LLP is the U.S. member firm of Deloitte Touche Tohmatsu. In the U.S., services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Tax LLP, and their subsidiaries), and not by Deloitte & Touche USA LLP.
About SI International: SI International, a member of the Russell 2000 index, is a provider of information technology and network solutions (IT) primarily to the federal government. The company combines technological and industry expertise to provide a full spectrum of state-of-the-practice solutions and services, from design and development to documentation and operations, to assist clients in achieving their missions. More information about SI International can be found at http://www.si-intl.com/.
The above-referenced statements may contain forward-looking statements that are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, which are described in SI International, Inc.'s filings with the Securities and Exchange Commission. These risks and uncertainties include: differences between authorized amounts and amounts received by SI International, Inc. under government contracts; government customers' failure to exercise options under contracts; changes in federal government (or other applicable) procurement laws, regulations, policies and budgets; SI International, Inc.'s ability to attract and retain qualified personnel; and the important factors discussed in the Risk Factors section of the annual report on Form 10-K/A filed by SI International, Inc. with the Securities and Exchange Commission and available directly from the Commission at http://www.sec.gov/. The actual results may differ materially from any forward-looking statements due to such risks and uncertainties. SI International, Inc. undertakes no obligations to revise or update any forward- looking statements in order to reflect events or circumstances that may arise after the date of this release.
Contact: Alan Hill SI International 703-234-6854 alan.hill@si-intl.com
SI International, Inc.
