FOR IMMEDIATE RELEASE:

REI Systems Awarded Task Order Contract to Support Operations, CIO/SETA, and Applications for the Office of the Chief Information Officer

Annandale, VA – September 21, 2007 - REI Systems (REI) announced today that it was awarded a 5-year Basic Ordering Agreement (BOA) contract by the Overseas Private Investment Corporation (OPIC), Office of the Chief Information Officer (OCIO). REI will support OPIC, through individual task orders, by providing IT services including: Operations, CIO/SETA support, and Application Development. OPIC/OCIO intends to use this vehicle to compete and award tasks orders for projects including a Project Management Office (PMO), the upgrade of the Oracle e-Business Suite, implementation of the Oracle Loans product, Configuration Management support, and Security Services.

The Overseas Private Investment Corporation (OPIC) helps U.S. businesses invest overseas, fosters economic development in new and emerging markets, complements the private sector in managing the risks associated with foreign direct investment, and supports U.S. foreign policy. OPIC’s mission is to mobilize and facilitate the participation of United States private capital and skills in the economic and social development of both less developed countries and areas, and countries in transition from non-market to market economies. In accomplishing its mission, OPIC provides three primary services:

• Loans – OPIC Financing provides medium to long-term funding, through direct loans and loan guaranties, to eligible investment projects for developing countries and emerging markets.
  
• Insurance – Political risk insurance is available to U.S. investors, contractors, exporters and financial institutions involved in international transactions.
  
• Investment Funds – In response to the critical shortfall of private equity capital in developing countries, OPIC provides support for the creation of privately owned and managed investment funds.

Because OPIC charges market-based fees for its products, it operates on a self-sustaining basis at no net cost to taxpayers.

“REI welcomes this opportunity to continue our support of OPIC/OCIO in developing a world-class IT organization. This BOA will support OCIO’s mission of bringing business agility to the corporation through the delivery of superior IT business solutions and services. Our OPIC experience in developing their Disaster Recovery Plan, combined with our own capabilities and that of our teaming partners will allow us to address the broad range of IT services OPIC is seeking to acquire through this BOA.” says Veer Bhartiya, REI Systems President. “This award exemplifies REI’s strategic focus on expanding our service offerings, building teaming relationships to complement our capabilities, and winning new contract vehicles to provide our customers with additional options to access REI capabilities.”

About REI Systems, Inc.

REI Systems (http://www.reisys.com) is a leading provider of web-enabled solutions, electronic performance support systems, and knowledge management tools for the Federal Government and the commercial and industrial sectors. Drawing upon our mission to deliver reliable, effective, and innovative solutions – the company works daily to solve complex homeland security, defense, health resources, criminal justice, and aeronautics issues. REI Systems’s support of these issues is strengthened by its results driven approach and commitment to exceeding customer expectations. Since 1989, REI Systems has been serving major corporations and government at all levels. More than 175 employees serve these clients offices based in the Washington, D.C. metropolitan area.

For more information, visit www.reisys.com

CONTACT INFORMATION

Scott Fletcher
sfletcher@reisys.com
Tel. (703) 256-2245 x 13
Fax (703) 256-9372