Press Release

IFAS Wins Big as Part of SRA Team Awarded $1.5 Billion Multi-Award Contract from Department of Defense Providing Support to U.S. Special Operations Command and Worldwide Subcomponents

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(WOODBRIDGE, VA) June 3, 2010 — Integrated Finance and Accounting Solutions, LLC (IFAS), a professional services firm that provides services and solutions to government organizations and commercial clients, today announced it has won an indefinite delivery, indefinite quantity (IDIQ) Global Battlestaff and Program Support from the United States Special Operations Command (USSOCOM) at MacDill Air Force Base in Tampa, Fla, as a subcontractor to Prime Contractor, SRA International, Inc. The multi-award contract has an estimated value of $1.5 billion over five years, if all options are exercised.

USSOCOM’s mission is to provide fully capable Special Operations Forces to defend the United States and its interests, and to plan and synchronize operations against terrorist networks.
IFAS will provide global special operations-unique services and expertise to support the USSOCOM in three functional areas: operations and intelligence, acquisition and logistics, and financial management and business operations.
IFAS’ President and CEO Tabatha Turman says “This is a major accomplishment for IFAS and we are fully committed to supporting SOCOM’s mission and providing high quality services to the men and women that serve our great nation around the world.”

The SRA team includes major subcontractor General Dynamics Information Technology, an operating company of General Dynamics. SRA is one of four award winners on this multi-award contract.

IFAS is an 8(a), Service-disabled Veteran and Woman owned Small Disadvantaged Business located in Woodbridge, Virginia. IFAS is a professional services firm with core competencies in Business and Finance Operations, Integrated Logistics Support, IT Portfolio/Asset Management and Program Management.  IFAS currently has employees in the U.S. and abroad supporting the warfighter.  Please visit www.ifaasolutions.com.

For more information about this Press Release contact Marcie Hinton at 703-583-4327 or .(JavaScript must be enabled to view this email address).

Any statements in this press release about future expectations, plans, and prospects for IFAS, including statements about the estimated value of the contract and work to be performed, and other statements containing the words “estimates,” “believes,” “anticipates,” “plans,” “expects,” “will,” and similar expressions, constitute forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those indicated by such forward-looking statements. In addition, the forward-looking statements included in this press release represent our views as of June 3, 2010. We anticipate that subsequent events and developments will cause our views to change. However, while we may elect to update these forward-looking statements at some point in the future, we specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to June 3, 2010.