FAIRFAX, Va., Sept. 2 /PRNewswire-FirstCall/ -- SRA International, Inc.
(NYSE: SRX), a leading provider of technology and strategic consulting
services and solutions to government organizations, today announced it has
sold Constella Futures LLC to a group of private investors led by former
Constella Group Chairman & CEO Donald A. Holzworth. As part of the
transaction, SRA Vice President and Deputy Director of the Global Health
Sector, Chris A. LeGrand will move to Constella Futures to serve as its CEO.
Constella Futures was an independent company owned within the Constella
Group, a global professional health services company, acquired by SRA in
August 2007.
"We believe Constella Futures, as a standalone business, has greater
opportunity to pursue a wider range of initiatives that align with its
founding mission," said SRA President & CEO Stan Sloane.
Constella Futures LLC works with government agencies, foundations and
corporations around the world to design and implement public health and social
programs in developing countries. Its staff of more than 300 provides a wide
range of strategic consulting services with specialized domain expertise in
HIV/AIDS, infectious disease, maternal and child health, and family planning
and reproductive health.
"I am excited to once again be part of the Futures team," said LeGrand. "I
am honored to lead Constella Futures and work with them as we fulfill our
international development mission to make a positive impact on human health."
The transaction is effective immediately. Financial terms of the deal were
not disclosed.
About SRA International, Inc.
SRA is a leading provider of technology and strategic consulting services
and solutions -- including systems design, development, and integration; and
outsourcing and managed services -- to clients in national security, civil
government, and health care and public health markets. The Company also
delivers business solutions for contingency and disaster response planning,
information assurance, business intelligence, environmental strategies,
enterprise architecture, infrastructure management, and wireless integration.
FORTUNE(R) magazine has chosen SRA as one of the "100 Best Companies to
Work For" for nine consecutive years. The Company's more than 6,800 employees
serve clients from its headquarters in Fairfax, Virginia, and offices around
the world. For additional information on SRA, please visit www.sra.com .
Any statements in this press release about future expectations, plans, and
prospects for SRA, including statements about the estimated value of the
contract and work to be performed, and other statements containing the words
"estimates," "believes," "anticipates," "plans," "expects," "will," and
similar expressions, constitute forward-looking statements within the meaning
of The Private Securities Litigation Reform Act of 1995. Actual results may
differ materially from those indicated by such forward-looking statements. In
addition, the forward-looking statements included in this press release
represent our views as of September 2, 2008. We anticipate that subsequent
events and developments will cause our views to change. However, while we may
elect to update these forward-looking statements at some point in the future,
we specifically disclaim any obligation to do so. These forward-looking
statements should not be relied upon as representing our views as of any date
subsequent to September 2, 2008.
SOURCE: SRA International, Inc.
CONTACT:
Sheila S. Blackwell, Vice President, Communications & Public
Affairs
+1-703-227-8345
sheila_blackwell@sra.com
or
David Keffer, Vice
President, Investor Relations
+1-703-502-7731
david_keffer@sra.com
both of
SRA International, Inc.
Web site:
http://www.sra.com