Wave Systems Corp. (fka WAVXQ)

[solas]

OT: Government IT Work Boosts SI International's Fourth-Quarter Revenue And Profit - I know these guys attend alot of the same conferences as Wave... (hmmm). I googled Wave with SI and pulled alot of common conferences/seminars but nothing indicating direct contact.

-R

http://www.outsourcingpipeline.com/news/60401278

February 15, 2005

Government IT Work Boosts SI International's Fourth-Quarter Revenue And Profit



By Eric Chabrow Courtesy of InformationWeek

Performing IT chores for the federal government is paying off big for integrator SI International Inc., which Monday reported that net income in the fourth quarter ended Dec. 25 increased 28% to $3.0 million, or 26 cents a share, from the same period a year earlier. Revenue for the past quarter increased 58% to $69.6 million.
For the year, revenue increased 56% to $262.3 million, as net income rose 47% to $10.9 million, or $1.14 a share, from 2003.

SI expects revenue growth will continue this year, rising between 10% and 15%, the company said.

In a statement, CEO Ray Oleson credited SI's record performance with the company's focus on bidding for contracts that involve homeland security, military transformation, and information sharing between government agencies and operations.

The projects SI worked on in 2004 included developing and deploying biometric-based smart identification cards to support coalition forces in Iraq; designing learning management and learning content management systems for the Defense Ammunition Center; building and deploying a web-based system to track international imports and exports and interstate movement of live animals and animal products; and deploying Microsoft SharePoint applications for use by more than 650,000 government workers