SPI Lands $2.7 Million Raytheon Contract for Group Sensor Integrator and Future Combat System Program; Providing Software Engineering Services for the Sensor Suite Control Program

Business Wire, Jan 27, 2006

DALLAS -- SPI, a leading global provider of information technology services announced today that it has been awarded a $2.7 million software engineering services contract from Raytheon Network Centric Systems, based in Plano, Texas. SPI will provide services for Raytheon's Ground Sensor Integrator (GSI) and Sensor Suite Control project, which is a part of the Ground Sensor Integrator's responsibility under the U.S. Army Future Combat System (FCS) program.

The project SPI will support provides sensors and related solutions for manned and unmanned group platforms that make up the FCS program. These groups develop sensor architecture, refine sensor applications, and manage the acquisition, development, and integration of data generated by ground sensors. It is vital that suppliers working on FCS development be the "best in industry" as the development and fielding of FCS to upgrade the US Army's capabilities, reflects an important national priority.

"We are honored to have been selected as a supplier for these programs which play a key role in protecting our military and homeland security," said Reena Batra, founder and CEO of SPI. "We have a strong track record of providing technology solutions for military and government applications that will enable us to deliver successful results for this project."

About SPI, Inc.

SPI is a leading global developer and provider of information technology services for commercial, military and government organizations. Founded in 1992, SPI is a certified minority/woman-owned corporation, headquartered in Dallas, Texas. With offices in San Antonio, Texas and a state-of-the-art offshore development and delivery center in New Delhi, India, SPI employs more than 250 people. SPI is an approved prime supplier for leading organizations that include U.S. Department of Defense, U.S. Department of Agriculture, Texas Instruments, JCPenney, and Burlington Northern Santa Fe Railway (BNSF). SPI has won a number of prestigious regional and national growth awards including the Inc. 500. SPI is an ISO 9001-2000 certified company with a delivery methodology in line with SEI-CMM level III standard. For more information, visit SPIus.net.

Approved for Public Release, Distribution Unlimited, TACOM 27 Dec 2005, case 05-308.