SAIC to Administer Florida Clean Energy Program

Science Applications International Corporation (SAIC) [NYSE: SAI] announced today that its wholly owned subsidiary SAIC Energy, Environment & Infrastructure, LLC was selected by the Florida PACE Funding Agency to provide third-party administration services for the property assessed clean energy (PACE) program for the state. The Florida PACE Funding Agency was created last year to facilitate the implementation, planning, development, funding, financing, marketing and management of a uniform, statewide platform so that counties and cities can easily and economically take advantage of a scalable program for their property-owning constituents.

SAIC will oversee the administration and marketing of the PACE program. It is one of only two such statewide programs designed to encourage property owners to voluntarily seek financing for certain energy efficiency, renewable energy, or wind resistance improvements. SAIC plans to rapidly ramp up the program across the state.

“Our approach is designed to help Florida property owners accelerate implementation of cost-effective, energy efficient measures to reduce the impact of rising energy demand and costs, promote in-state economic development, protect the environment,” said JT Grumski, SAIC senior vice president and business unit general manager.

About SAIC

SAIC is a FORTUNE 500® scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The Company's approximately 41,000 employees serve customers in the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. Headquartered in McLean, Va., SAIC had annual revenues of approximately $10.6 billion for its fiscal year ended January 31, 2012. For more information, visit SAIC: From Science to Solutions®



Lauren Giuffra

SAIC Energy, Environment & Infrastructure, LLC

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