ARLINGTON, Va., March 12 /PRNewswire-FirstCall/ -- CACI International Inc NYSE: CAI announced today that it has placed second among Fortune's Most Admired IT Services companies, up from sixth last year, in the magazine's annual Most Admired Companies list. In addition, the company placed second among the Most Admired Companies in Virginia, again up from sixth last year. The Most Admired list is considered the definitive report card on corporate reputations. In partnership with Hay Group, Fortune surveys 16,000 top executives and directors from eligible companies, along with financial analysts, to identify the companies that enjoy the strongest reputations within their industries.
Paul Cofoni, CACI President and Chief Executive Officer, said, "We're proud to be among Fortune's Most Admired Companies. Our strengthened rankings are evidence of CACI's significant progress in meeting our growth objective to become a Tier 1, $5 billion company. We continue to sustain our corporate culture of honesty, excellence, and integrity, and maintain our total commitment to helping our government customers with solutions that provide valuable support for America's highest priorities in securing our homeland and countering global threats."
Besides its higher rankings among IT Services and Virginia companies, CACI saw its ratings rise for Fortune's key attributes of reputation. Companies were rated on their innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, long-term investment, and quality of products/services. In 2007, CACI ranked from fourth to seventh among these attributes, whereas the company now ranks second in each category for 2008.
Bill Fairl, CACI President of U.S. Operations said, "CACI has focused heavily on maintaining and expanding our dedicated and experienced workforce. Our employees are the best in the industry in delivering quality IT solutions and customer service. CACI's new higher ratings on Fortune's Most Admired Companies list reflect our continued focus on making CACI a truly great place for talented people to build a fulfilling career. We invite people throughout our industry to visit our website, have a look at the challenging opportunities we offer, and consider joining our team for long-term growth and success."
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 2000 index. CACI provides dynamic careers for approximately 11,800 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
(703) 841-7835, ddragics@caci.com
For other information contact:
Jody Brown, Executive Vice President, Public Relations
(703) 841-7801, jbrown@caci.com
Website: http://www.caci.com/