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SRA Completes Acquisition of Era Corporation

2008-07-30 15:01:00

SRA Completes Acquisition of Era Corporation

    FAIRFAX, Va., July 30 /EMWNews/ -- SRA International, Inc.

(NYSE: SRX), a leading provider of technology and strategic consulting

services and solutions to government organizations, today announced that it

has completed the acquisition of Era Corporation, a privately held provider

of advanced surveillance technologies for the air traffic management,

airport operations, military and security market, effective today.



    Era is a pioneer and leading supplier of next-generation surveillance

and flight tracking solutions. The company has nearly 300 employees and

develops multilateration, Automatic Dependent Surveillance-Broadcast

(ADS-B) and other technologies that deliver high-performance,

high-reliability surveillance solutions to more than 100 customers in the

U.S., Canada, Europe, the Middle East, Africa, South America and Asia. The

company is headquartered in Reston, Va. with production facilities and

research and development centers in the U.S. and Czech Republic.



    "Era is a terrific company, and we're privileged to welcome the Era

team into SRA," said SRA President and CEO Stan Sloane. "Era's advanced

surveillance technologies are modernizing the capabilities of customers

around the world. Together, we are wellpositioned for rapid growth in this

rising market segment."



    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 6,400 employees serve

clients from its headquarters in Fairfax, Virginia, and offices around the

world. For additional information on SRA, please visit http://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 forwardlooking 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 July 30, 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 July 30, 2008.





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