MCLEAN, Va. and MELBOURNE, Australia, April 18, 2012 /PRNewswire/ -- Science Applications International Corporation (SAIC) (NYSE: SAI), a FORTUNE 500® scientific, engineering, and technology applications company, announced today it has initiated plans to expand its current Australian operations to include a regional cybersecurity research and development (R&D) center in Melbourne, Australia. The center will focus on R&D in new technologies and applications that mitigate risk, protect critical data and establish a comprehensive defense against cybersecurity attacks for commercial and public sector networks worldwide. This move by SAIC's US and Australian cyber research organizations closely mirrors the cooperation between the two national governments and multiple federal agencies.
SAIC's researchers in its Melbourne R&D center will conduct advanced research in data mining and analysis systems, as well as development of software applications associated with CloudShield® Technologies, Inc., a wholly-owned subsidiary of SAIC, and TeraText® product lines. The center will provide a collaborative space for SAIC researchers to develop hardware and software to protect information and critical infrastructure from cyber attacks.
The cybersecurity R&D center will enable SAIC to better support its efforts for Australian government and industry clients, while also focusing on new initiatives and opportunities around the National Broadband Network (NBN).
"SAIC's research efforts in Melbourne will enable us to offer innovative products and solutions to our customers and to further expand into the global marketplace," said Steve Rizzi, SAIC vice president and regional manager.
SAIC is a FORTUNE 500® scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The Company's approximately 41,000 employees serve customers in the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. Headquartered in McLean, Va., SAIC had annual revenues of approximately $10.6 billion for its fiscal year ended January 31, 2012. For more information, visit http://www.saic.com/. SAIC: From Science to Solutions®
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 SAIC's Annual Report on Form 10-K for the period ended January 31, 2012, and other such 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.