CACI Awarded $5.7 Million Contract to Develop Asset Positioning and Condition Monitoring Prototype for the Navy
CACI, Time Domain, and CYTEC Team to Develop Geotrack Positioning System for Improved Military Readiness
Arlington, Va., November 27, 2001 — CACI International Inc (NASDAQ:CACI) announced today that it has received a one-year, $5.7 million contract to develop a prototype tracking tag that would provide the exact position and condition of stored ozone-depleting substances and ammunition, enabling remote monitoring of hazardous degradation and leaks. CACI heads a team that includes CYTEC Corporation, a systems and hardware integrator, and Time Domain Corporation, developer of ultra wideband (UWB) PulsON® technology, to develop Geotrack, a positioning system for the Navy's Automatic Identification Technology (AIT) Support Facility in St. Inigoes, Maryland. Awarded under the Navy Supply Systems Command's Readiness Based Sparing (RBS) contract, the delivery order continues CACI's leadership in ammunition logistics and positions the company to bring the Geotrack system to communities throughout the Navy and other Services.
The CACI team offers a unique combination of CACI's extensive Navy, ammunition logistics, and systems integration expertise, Time Domain's leading-edge UWB technology, and CYTEC's hardware support. This combined expertise gives the Navy a powerful new way to monitor ammunition for viability and safety.
Geotrack is a unique new type of automatic identification system that makes use of small communications and sensor devices that relay digital signals and encoded information on asset condition. This information will include the position of the item to within an inch of its exact placement, the environment surrounding it, whether there is damage or leakage, and similar data. The technology not only enhances logistics management, but also enables early warning of problems before they reach dangerous levels, without risking direct human contact in potentially life-threatening situations.
Geotrack also offers a number of other advantages. Because its pulsed data signals are precisely timed up to a trillionth of a second, they are highly resistant to jamming and enable a secure wireless system. Timing follows a complex code shared only by the sender and receiver, enhancing information security. In addition, pulsed devices operate on one ten-thousandth the power of conventional radio wave devices, streamlining hardware requirements and providing energy savings.
Oscar DeLeon, President of CYTEC, noted, "There is a great need across the military for a technology like Geotrack that can provide accurate logistical information and condition reports of our critical assets. The use of UWB significantly expands the potential of AIT media for process improvement well beyond what is available in the marketplace today."
"Time Domain's PulsON ultra wideband is the only technology available today that can meet the Navy's need for securely communicating the precise location and condition of its ammunition," said Ret. Col. Will Webb, Senior Vice President, Government/Defense Sector for Time Domain. "This new wireless architecture can deliver the kind of highly secure, jam-free system the military needs on a worldwide basis. We look forward to working with CACI and CYTEC to provide the Navy with this critical system."
CACI expects the Geotrack system to have wide applicability throughout the Navy and the Department of Defense, and with both public and private sector enterprises. Equipment damage due to poor storage conditions, for example, can be substantially reduced through Geotrack's asset and condition monitoring, with potential savings in the millions of dollars. Hospitals can use UWB to manage drug inventories and monitor patients and staff, and businesses can more easily move networks to secure wireless platforms.
"We are very optimistic about developing this new solution for the Navy," said Ken Johnson, CACI's President of U.S. Operations. "Combining precision location tracking and wireless communications sets the stage for solving many long-standing logistics problems. It will revolutionize the way the Navy tracks ammunition, and has the potential to deliver significant cost and resource savings, enhanced security, and improved safety for the servicemen and women who manage our munitions stores."
CACI Chairman and CEO Dr. J.P. (Jack) London said, "Our Geotrack award with the Navy is a great example of the application of new 'smart' solutions that provide added value within the federal government. We bring deep mission understanding of the Navy, coupled with the technology expertise of our partners, Time Domain and CYTEC, to develop a Geotrack system that will deliver benefits in safety and resource management."
Dr. London also commented on the possible future applications of the Geotrack system: "We feel there is a significant potential market for this capability throughout the Department of Defense, government agencies, and across the private sector. This new contract positions CACI to take a leading role in penetrating this market and delivering the benefits of UWB technology to many new communities of users."
About Time Domain Corporation
Time Domain Corporation, a worldwide leader in the development of Ultra Wideband technology, has developed and patented the potentially breakthrough wireless technology called PulsON. This technology fuses communications, radar and tracking capabilities into a PulsON chipset that delivers significant performance improvements and capabilities over current wireless standards, and enables entirely new products and industries. Time Domain is teaming with commercial and government partners to deploy the PulsON chipset, which, subject to FCC approval, can be integrated into their products. Time Domain maintains a premier patent portfolio for TM-UWB technology, with more than 204 patents issued or pending worldwide. Time Domain, a privately-held corporation with approximately 180 employees, is headquartered in Cummings Research Park in Huntsville, Alabama at 7057 Old Madison Pike. Further information is available on the Internet at www.timedomain.com.
About CYTEC
CYTEC is a minority owned firm experienced in the design, implementation/acquisition, and maintenance of computer-based applications. CYTEC will spearhead core component hardware design and software development and integration for the Geotrack Positioning System. Originally a hardware manufacturer, CYTEC has become a leader in the Automatic Identification Technology (AIT) arena. With over 20 years of experience in the information technology arena, CYTEC has provided AIT hardware support to the DoD, during deployments to Haiti, Bosnia and most recently, Kosovo. CYTEC is headquartered in Jackson, Mississippi, and maintains offices in Dallas, Texas; Tucson, Arizona; and Guadalajara, Mexico. CYTEC holds GSA Schedule GS-35F-0529J; CYTEC has offered its products and services through GSA for the past 10 years. Additional information on CYTEC may be viewed at www.cytecsys.com.
About CACI
CACI International Inc, a member of the Russell 2000 and S&P SmallCap 600 indices, is a worldwide leader in information technology and communications solutions. Founded on simulation technology in 1962, the company has evolved a diverse solutions portfolio for today's net economy. From across the technology spectrum, CACI integrates the networks, systems, and software for telecommunications, information assurance, intelligence services, and all forms of information management. CACI centers of excellence are unique in the industry, offering "try-before-buy" solutions so clients save time and resources. With approximately 5,700 employees and more than 90 offices in the U.S. and Europe, CACI meets complex client challenges with comprehensive, reliable solutions. Visit CACI on the web at www.caci.com.
There are statements made herein which may not address historical facts and, therefore, could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the following: regional and national economic conditions in the United States; changes in interest rates; failure to achieve contract awards in connection with recompetes for present business with the Department of Justice, the Federal Aviation Agency, the Defense Information Systems Agency and others and/or competition for new business; the risks and uncertainties associated with client interest in and purchases of new products and/or services; continued funding of U.S. Government or other public sector projects in the event of a priority need for funds; government contract procurement (such as bid protest) and termination risks, including the possible discontinuance of the U.S. Government's Tobacco litigation; individual business decisions of our clients; paradigm shifts in technology; competitive factors such as pricing pressures and/or competition to hire and retain employees; material changes in laws or regulations applicable to our businesses; our own ability to achieve the objectives of near term or long range business plans; and other risks described in the Company's Securities and Exchange Commission filings.
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For investor information contact:
David Dragics
Director, Investor Relations
(703) 841-7835
ddragics@caci.com
For other information contact:
Jody Brown
Vice President, Public Relations
(703) 841-7801
jbrown@caci.com
PulsON is a registered trademark and Geotrack is a trademark of Time Domain Corporation.
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