Caci wins Federal year 2k contract. Anticipates many more.
ARLINGTON, Va., Aug. 14 /PRNewswire/ -- CACI International Inc
(Nasdaq: CACI) announced today that it has been awarded a one-year, $4.3
million contract to provide Year 2000 planning, conversion, and verification
services to the Federal Deposit Insurance Corporation (FDIC) in Washington,
D.C. CACI expects to begin work immediately.
Subcontracting to CACI on the FDIC effort are Keane Federal Systems, Inc.
of Rockville, Maryland; Computer Resource Management, Inc. of Herndon,
Virginia; and MarLaw Systems Technology, Inc. of Silver Spring, Maryland.
The FDIC project involves extensive project planning and management, set-
up of a validation environment, process planning, verification of commercial
off the shelf (COTS) software and hardware compliance, and project data
storage and presentation. Also included in the CACI work requirement is
remediation of several different types of code across multiple programming
languages and platforms, such as COBOL, CA-Ideal, Clipper, Assembler, FOCUS,
Oracle SQL, Visual Basic, C, FoxPro, Paradox and other languages. The FDIC has
approximately 350 COTS systems to be analyzed for compliance.
The FDIC also requires that project work not interrupt current operations.
CACI's solution is to use its Millennium Reengineering Laboratory located at
its corporate headquarters in Arlington, Virginia, approximately one mile from
the FDIC's work location. This solution not only allows operations to proceed
unhampered, but also offers budget savings by avoiding the high cost of long-
distance telecommunications between the two locations.
CACI was selected for this contract primarily because of its proven
Restore 2000(TM) methodology, certified by the Information Technology
Association of America as meeting the highest industry standards for
converting systems and software to Year 2000 compliance; its 35-year history
of managing large, complex projects; and its commitment to the FDIC to supply
the best-of-breed in technology and methods used to achieve Year 2000
compliance.
"The FDIC has taken a thoughtful and carefully planned approach to the Y2K
challenge, and is thus well positioned to meet its compliance goals," said
Michael Guido, CACI senior vice president in charge of Year 2000 activities.
"In turn, CACI has developed a flexible and technically superior solution that
comprehensively meets a challenging problem without disrupting current
operations."
According to Dr. J.P. (Jack) London, CACI Chairman, President, and CEO,
"The FDIC award is a significant win for CACI because it is one of the first
large Y2K contracts let by the federal government. And we anticipate many
more as the government begins to allocate funds to address this time-sensitive
and critical issue."
CACI is an information technology products and services provider that
specializes in developing and integrating systems, software, and simulation
products in support of government agencies and commercial enterprises
worldwide. Celebrating 35 years in business, the company has approximately
3400 employees and operates out of approximately 70 offices in the U.S. and
Europe. |
