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CACI ANNOUNCES AGREEMENT TO BUY THE GOVERNMENT OPERATIONS OF SOFTECH

 ARLINGTON, Va., Oct. 13 /PRNewswire/ -- CACI International Inc (NASDAQ-NMS: CACI), announced today the signing of a letter of intent to acquire the government services business of SofTech, Inc. for $3.3 million plus the net book value of certain assets employed in the business to be definitized as part of the due diligence process. The acquisition will be subject to due diligence, and approval of a detailed acquisition agreement by each company's board of directors.
 The government services business of SofTech has approximately 240 employees in nine locations generating more than $25 million in annual revenue. Major offices are located in Dayton, Ohio; Alexandria, Va.; and Colorado Springs, Colo. The transaction is expected to be completed in early December 1993.
 Jack London, chairman and CEO of CACI said "This is an outstanding business fit for CACI. The government services business (GSB) of SofTech is concentrated in the information technology industry, which is the focal point of our strategy. We bring to the GSB employees and customers a critical mass of technologies and capabilities, and a strong commitment to the government information technology industry. In turn, we gain employees with an outstanding reputation for software reuse, software conversion and migration, embedded tactical software development, and simulation and modeling. Their strengths complement ours, particularly in geographic locations and with agencies of the government where we have not been concentrated in the past." Dr. London further noted that GSB would add, on an annualized basis, approximately $25 million in revenue and approximately $750,000 of net after tax income.
 CACI is an international information technology products and services corporation. The company specializes in developing and integrating systems, software, and simulation products in support of government agencies and commercial enterprises worldwide.
 -0- 10/13/93
 /CONTACT: Samuel R. Strickland of CACI International Inc, 703-841-7800, or Douglas Poretz of Douglas Poretz Ltd., 703-506-1778/
 (CACI)


CO: CACI International Inc; SofTech, Inc. ST: Virginia, Ohio, Colorado IN: CPR SU: /

PS-SH -- NY055 -- 1679 10/13/93 12:32 EDT
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Publication:PR Newswire
Date:Oct 13, 1993
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