CACI Acquires IDL Solutions, Inc.

  CACI Acquires IDL Solutions, Inc.

  Acquisition Positions Company for Strategic Growth in Healthcare IT Market

Business Wire

ARLINGTON, Va. -- January 2, 2013

CACI International Inc (NYSE: CACI) announced today that it has acquired IDL
Solutions, Inc., a leading provider of information technology solutions,
applications, and mission-critical systems support to healthcare IT clients
and other civilian agencies. This acquisition expands CACI’s presence in the
$33.5 billion addressable healthcare market and the federal health insurance
area in particular, and complements its November 2012 acquisition of
healthcare IT provider Emergint Technologies, Inc.

Founded in 1993, IDL Solutions has over 100 employees and is headquartered in
Germantown, Wisconsin with federal offices in Reston, Virginia. The company
leverages “big data” analytics to help healthcare organizations gain new
insights from large volumes of health data, which in turn drives
cost-effective business processes, improves patient care, and increases
mission success. Its workforce has extensive experience in application
development, data analytics, and business automation and IT support. The
company has achieved the Software Engineering Institute’s globally recognized,
independent assessment of CMMI® Level 3.

IDL Solutions has major contract vehicles at the Department of Health and
Human Services (HHS), specifically with the Centers for Medicare and Medicaid
Services, Food and Drug Administration, and National Institutes of Health. Its
2012 revenue is expected to be approximately $18.5 million, and the
acquisition is expected to be slightly accretive to CACI’s earnings per share
during its first 12 months. Terms of the transaction were not disclosed.

John Mengucci, CACI Chief Operating Officer and President of U.S. Operations,
said, “With our acquisition of IDL Solutions, CACI has specialized
capabilities to address the challenges of clients in the federal civilian
healthcare and health insurance spaces. In particular, IDL Solutions’
expertise in big data will enable us to provide the critical data collection,
storage, analysis, and dissemination capabilities that enable healthcare
organizations to improve customer service, minimize fraudulent activities, and
promote better patient care.”

According to Dan Allen, CACI President and Chief Executive Officer, “CACI’s
acquisition of IDL Solutions, coupled with our recent acquisition of Emergint
Technologies, is an important step in our strategy to build CACI’s healthcare
IT business. This acquisition falls under our newly formed Federal Civilian
Solutions business group, which includes healthcare, and aligns with our
ongoing growth strategy to gain a larger share of the rapidly growing
Healthcare IT market.”

IDL Solutions, Inc. President and Chief Executive Officer Baly Ambegaoker
said, “We look forward to bringing our committed team and healthcare analytics
capabilities to CACI and growing together as we continue to address mission
challenges across the federal healthcare IT landscape.”

CACI provides information solutions and services in support of national
security missions and government transformation for Intelligence, Defense, and
Federal Civilian clients. A member of the Fortune 1000 Largest Companies and
the Russell 2000 Index, CACI provides dynamic careers for approximately 14,900
employees working in over 120 offices worldwide. Visit 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 successful closing and integration of our acquisition of IDL
Solutions, actual revenue and earnings realized by IDL Solutions and the
performance of the financial management and business services business as well
as the risk factors set forth in CACI’s Annual Report on Form 10-K for the
fiscal year ended June 30, 2012, and other such filings that CACI makes with
the Securities and Exchange Commission from time to time. Any forward-looking
statements should not be unduly relied upon and only speak as of the date
hereof.

CMMI is registered in the U.S. Patent and Trademark Office by Carnegie Mellon
University

CACI-Acquisition

Contact:

CACI International Inc
Corporate Communications and Media:
Jody Brown, Executive Vice President, Public Relations
703-841-7801
jbrown@caci.com
or
Investor Relations:
David Dragics, Senior Vice President, Investor Relations
866-606-3471
ddragics@caci.com
 
Press spacebar to pause and continue. Press esc to stop.