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News and Information Article
SAN DIEGO and MCLEAN, Va., Dec. 11 /-FirstCall/ -- Science
Applications International Corporation (NYSE: SAI) announced today that it
has entered into a master marketing agreement with Zebra Imaging to advance
three- dimensional (3D) holographic imaging for defense, intelligence and
related opportunities.
Zebra Imaging, headquartered in Austin, Texas, develops display
technologies and products for 3D visual communications. Components of the
strategic relationship include a corporate venture capital investment
through SAIC Venture Capital Corporation and a master marketing agreement
with the SAIC Intelligence and Security Groups Operational Intelligence
Solutions Business Unit in McLean, Va.
"SAIC and Zebra have strong customer base and product line synergies
that underscore the potential benefits of the strategic relationship for
both companies," said Albert Wargo, Zebra Imaging chairman and chief
executive officer. "With SAICs collaboration, we expect to grow our
capability to provide unique, useful 3D visualization displays and tools to
better serve our mutual customers in defense and federal markets."
Zebra Imaging provides holograms and displays, including large scale,
autostereoscopic, full-parallax (omni-directional 3D viewing), full-color
displays for 3D digital imagery. It also offers 3D imaging systems design,
development and engineering services to government and commercial clients
in defense and intelligence, industrial design, and petroleum exploration.
"Zebra Imaging is widely recognized for its leading-edge expertise in
digital holographic recording technology," said Lawrence Prior, president
of SAICs Intelligence and Security Group. "Through this strategic
relationship, SAIC will have a direct link with some of our nations
foremost 3D experts. Through this direct link, SAIC plans to further
advance and apply this exciting technology to missions of national and
global importance."
SAIC Venture Capital Corporation (VCC), a wholly owned SAIC subsidiary,
oversees SAICs corporate venture capital program. VCC holds equity
investment interests in emerging technology companies that are strategic to
SAIC. Terms of the investment were not disclosed.
SAIC is a leading provider of scientific, engineering, systems
integration and technical services and solutions to all branches of the
U.S. military, agencies of the Department of Defense, the intelligence
community, the U.S. Department of Homeland Security and other U.S.
government civil agencies, as well as to customers in selected commercial
markets. With more than 43,000 employees in over 150 cities worldwide, SAIC
engineers and scientists solve complex technical challenges requiring
innovative solutions for customers mission-critical functions. SAIC had
annual revenues of $7.8 billion for its fiscal year ended January 31, 2006.
SAIC: FROM SCIENCE TO SOLUTIONS(TM)
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 SAICs final prospectus relating
to its initial public offering, and such other 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.
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