SgIs named a finalist for business of the year

Tampa , FL (October 25, 2006) – SGIS was named a finalist in Tampa Bay Business Journal’s Business of the Year award for 2006, in the Professional Services category. 130 companies were nominated, but only 39 finalists chosen. An independent panel of judges evaluated companies on criteria that include sales and revenue of local business units for the past three years; why this year was noteworthy; the company's strategic plan; and management's relationship with both employees and customers.

Finalists will be honored at a black-tie event at the Hyatt Regency Tampa Hotel in December. Winners of each category and an overall winner will be announced at the event. Representing SGIS at the ceremony will be the Tampa Vice Presidents Vito Balacco and Jason Lipton.

SGIS provides services and solutions to defend the United States and its citizens from threats, to provide advanced tools to soldiers who defend the nation and to assist government agencies in running their business more effectively. SGIS has teamed with numerous organizations within the Intelligence, Homeland Security, Defense and Space communities to form alliances needed for successful missions. SGIS partnered with the United States Government and joined the Counterterrorism and Counterintelligence effort, quickly becoming a major component of several government agencies’ support teams. SGIS provides some of the highest quality Intelligence Analysis and Border Control services available in the country as well. The company’s teams of highly trained and security cleared experts work diligently to prevent terrorist attacks within the United States and reduce the country’s vulnerability to terrorism. When necessary, SGIS deploys with the troops they support. SGIS supports critical services for the U.S. Military, the Department of Defense (DoD), the Pentagon, the National Geospatial-Intelligence Agency (NGA) and NASA Jet Propulsion Laboratory (JPL), to name a few.

"We are honored to receive such esteemed recognition from the Tampa Bay Business Journal and are thrilled to be considered for the Business of the Year award," said Lipton. “The continued positive response we've received within our industry and also from the business community validates the efforts that our team has put forth since the company's inception.”

“I am proud and thankful to all SGIS employees and customers for enabling us to receive this honor,” added Balacco. “As we gain momentum as a rapidly growing company, we hope to continue our success in the years to come.”

Since its inception in June 2002, SGIS has seen phenomenal revenue increases each year. With current revenues in excess of $52 million, a growth factor of over 10,000% within the first four years of business, the company’s employee base has also grown dramatically, currently employing over 630 people. SGIS attributes its success to the hard-work and dedication of its employees, the loyalty of customers and the expansion into various market segments with a diverse set of service offerings.

For more information on SGIS, please visit us on the Web at www.SGIS.com.

About Tampa Bay Business Journal

Each week, the award-winning Tampa Bay Business Journal provides in-depth analyses of the community’s ever-changing business and economic scene. They offer business news daily at www.tampabay.bizjournals.com.

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