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SAIC
www.saic.com


FOR IMMEDIATE RELEASE
Steven P. Fisher Named SAIC Treasurer

SAN DIEGO, CA., February 22, 2001 - Science Applications International Corporation (SAIC) has named Steven P. Fisher as treasurer of SAIC. Fisher joined SAIC's Corporate Planning office in 1988. He has held various positions and most recently served in a dual role as assistant treasurer and as corporate vice president for finance reporting to the chief executive officer. In this capacity he was responsible for implementing an integrated approach to treasury management and strategic financial planning.

"Steve Fisher has played a vital role in many strategic acquisitions and developments over the past five years," said Thomas E. Darcy, SAIC executive vice president and chief financial officer. "He has developed and implemented unique approaches for planning, monitoring, and managing the Company's overall financial structure during rapidly changing business periods. He will make an excellent treasurer for SAIC."

Prior to joining SAIC, Fisher served as the lead engineer on several weapons programs for the Northrop Corporation. Additionally, as part of his graduate work, he provided consulting services related to evaluating and managing employee benefit costs.
Fisher earned a bachelor's degree in Aeronautical Engineering from Rensselaer Polytechnic Institute in Troy, N.Y., and a master's degree in Business Administration from the Wharton School at the University of Pennsylvania.

About SAIC
SAIC is the nation's largest employee-owned research and engineering company, providing information technology, systems integration and eBusiness products and services to commercial and government customers. SAIC engineers and scientists work to Solve complex technical problems in telecommunications, national security, health care, transportation, energy, the environment and financial services. With annual revenues exceeding $5.5 billion, SAIC and its subsidiaries, including Telcordia Technologies, have more than 41,000 employees at offices in more than 150 cities worldwide. More information about SAIC can be found on the Internet at www.saic.com.

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