12.07.2007 12:42:00
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CACI Appoints Richard Miller as Executive Vice President for Corporate Development
ARLINGTON, Va., July 12 /PRNewswire-FirstCall/ -- CACI International Inc announced today that it has appointed Richard F. G. Miller as Executive Vice President for its corporate development and mergers and acquisition program. Mr. Miller is an industry veteran with nearly 20 years of direct experience in the corporate development arena in senior-level positions at various companies. He will play a key role in CACI's plan to use strategic mergers and acquisitions (M&A) to grow the company in combination with organic growth in the company's core market areas of national security, intelligence, homeland security, and the enhancement of the way the federal government does business. Mr. Miller will report directly to Paul Cofoni, CACI President and Chief Executive Officer.
Mr. Miller is a proven corporate developer with expertise in strategy development and M&A. His record of accomplishment spans information technology, defense, telecommunications, energy, and software and services industries. Most recently, Mr. Miller served as Managing Director, Corporate Development for USEC, Inc., a global energy company headquartered in Bethesda, Maryland, where he developed and managed M&A opportunities, identifying over 80 acquisition candidates during his tenure. Previous to that, he was Vice President for Corporate Development with COVAD Communications, Inc., in Santa Clara, California, owner and operator of the only nationwide DSL broadband network in the U.S. While there, Mr. Miller developed strategies and oversaw COVAD's strategic alliances and acquisitions. He also held the position of Director, Corporate Development with Sun Microsystems, Inc., in Palo Alto, California, where he oversaw strategy development, managed strategic alliances, and planned and executed over a dozen M&A transactions. Earlier in his career, he managed M&A and strategy development initiatives at the Hewlett-Packard Company and McKinsey & Company.
At CACI, Mr. Miller will facilitate growth as a dedicated, senior industry veteran, focused on corporate development and M&A targets that will be good cultural fits with CACI and meet the business needs of the company's core customer base. M&A is an important ingredient in CACI's growth, which has made 36 acquisitions since the company began its M&A program in 1992.
According to CACI President and Chief Executive Officer Paul Cofoni, "Richard Miller is a visionary who develops and implements new strategies and inspires change by securing confidence and cooperation from all levels of the organization. I feel confident that he will prove to be a valuable addition to CACI's acquisition team and that his leadership will make a significant contribution to our corporate development and mergers and acquisition program."
CACI International Inc provides the IT and network solutions needed to prevail in today's new era of national security, intelligence, and e-government. From systems integration and managed network solutions to knowledge management, engineering, simulation, and information assurance, we deliver the IT applications and infrastructures our federal customers use to improve communications and collaboration, secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. Our solutions lead the transformation of national security and intelligence, assure homeland security, enhance decision-making, and help government to work smarter, faster, and more responsively. CACI is a member of the Fortune 1000 Largest Companies of 2007 and the Russell 1000 index. CACI provides dynamic careers for approximately 10,400 employees working in over 120 offices in the U.S. and Europe. CACI is the IT provider for a networked world. Visit CACI on the web at http://www.caci.com/ .
There are statements made herein which do 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 and the United Kingdom, including conditions that result from terrorist activities or war; failure to achieve contract awards in connection with recompetes for present business 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, such as homeland security, the war on terrorism or rebuilding Iraq; government contract procurement (such as bid protest, small business set asides, etc.) and termination risks; the results of government investigations into allegations of improper actions related to the provision of services in support of U.S. military operations in Iraq; individual business decisions of our clients; paradigm shifts in technology; competitive factors such as pricing pressures and/or competition to hire and retain employees (particularly those with security clearances); material changes in laws or regulations applicable to our businesses, particularly in connection with (i) government contracts for services, (ii) outsourcing of activities that have been performed by the government, and (iii) competition for task orders under Government Wide Acquisition Contracts ("GWACs") and/or schedule contracts with the General Services Administration; 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.
For investor information contact: David Dragics, Senior Vice President, Investor Relations (866) 606-3471, ddragics@caci.com For other information contact: Jody Brown, Executive Vice President, Public Relations (703) 841-7801, jbrown@caci.com
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