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SAIC Introduces New Tool for Encrypted Search and Data Sharing

New data platform enables next generation search and retrieval capabilities to support data analysis

RESTON, Va., May 09, 2023--(BUSINESS WIRE)--Science Applications International Corp. (NYSE: SAIC) today introduced its new encrypted query analytics and data retrieval (EQADR) platform.

"Agencies rely on data to help support their missions in a secure environment," said Andy Henson, vice president, Innovation at SAIC. "We are providing our customers with data encryption solutions to help them reach the next phase of their digital transformation journey. SAIC’s EQADR delivers on providing security and performance to accelerate data-driven decision-making."

The platform enables next-generation, cryptographic, cross-boundary data search, retrieval and analytics. EQADR was developed to offer quick, secure and efficient data search and retrieval.

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EQADR’S cross-domain strategy delivers targeted, on-demand queries from higher-side networks to lower-side networks while securing sources, methods and analytical tradecraft. The platform is built to handle the transfer of sensitive data, allowing search terms to remain hidden and it can efficiently sift through open-source data, reduce classified-data storage costs and share intellectual property.

This is the third data product launch for SAIC within the past 12 months. In June 2022, SAIC launched the SaaS version of Koverse, a security-first data management and governance platform that provides Zero Trust for data by enforcing attribute-based access controls (ABAC). In January 2023, SAIC introduced its new data platform, Tenjin, a low-code to full-code artificial intelligence (AI) and machine-learning (ML) development and orchestration platform.

SAIC was named a JADC2 Company to Watch by Frost & Sullivan. The Company was recognized for its expertise in big data analytics, AI and Zero Trust networking.

To learn more about SAIC’s AI capabilities, visit www.saic.com/ai.

About SAIC

SAIC® is a premier Fortune 500® technology integrator driving our nation’s technology transformation. Our robust portfolio of offerings across the defense, space, civilian and intelligence markets includes secure high-end solutions in engineering, digital, artificial intelligence and mission solutions. Using our expertise and understanding of existing and emerging technologies, we integrate the best components from our own portfolio and our partner ecosystem to deliver innovative, effective and efficient solutions that are critical to achieving our customers' missions.

We are approximately 24,000 strong; driven by mission, united by purpose, and inspired by opportunities. SAIC is an Equal Opportunity Employer, fostering a culture of diversity, equity and inclusion , which is core to our values and important to attract and retain exceptional talent. Headquartered in Reston, Virginia, SAIC has pro-forma annual revenues of approximately $6.9 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.

Forward-Looking Statements

Certain statements in this release contain or are based on "forward-looking" information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as "expects," "intends," "plans," "anticipates," "believes," "estimates," "guidance," and similar words or phrases. Forward-looking statements in this release may include, among others, estimates of future revenues, operating income, earnings, earnings per share, charges, total contract value, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases and other capital deployment plans. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the "Risk Factors," "Management’s Discussion and Analysis of Financial Condition and Results of Operations" and "Legal Proceedings" sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, which may be viewed or obtained through the Investor Relations section of our website at saic.com or on the SEC’s website at sec.gov. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC’s expectations. SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230509005325/en/

Contacts

Thais Hanson
703.676.8215 | thais.c.hanson@saic.com