McDonald Bradley Signs Letter of Intent to Acquire Infodata for $7.56 Million Acquisition to Expand Strategic Presence in Intelligence Community HERNDON, Va., May 12 /PRNewswire/ -- McDonald Bradley, Inc., a rapidly- growing information technology solutions provider to the government marketplace, announced today that it has signed a Letter of Intent to acquire Infodata Systems, Inc. (OTC:INFD) (BULLETIN BOARD: INFD) , a market leader in delivering compliance-driven content management solutions to government agencies, the intelligence community, and commercial clients. A definitive agreement is expected to be signed within the next two weeks. The transaction, which is planned to close by July 31, 2005, is subject to approval by Infodata's shareholders and other customary conditions of closing, including satisfactory completion of due diligence by McDonald Bradley. Under the terms of the deal, McDonald Bradley is making a $7.56 million cash offer to purchase all of the outstanding Infodata shares. Once the deal is concluded, Infodata will be merged into McDonald Bradley and become private. Infodata employees will be integrated into various McDonald Bradley operations and lines of business. "The Infodata core business is very complementary to and supportive of our work in Horizontal Fusion across the Department of Defense," said Kenneth Bartee, President and CEO. "This strategic acquisition enables us to leverage our expertise in this technology area while at the same time allows us to quickly expand the McDonald Bradley presence and our technical proficiency throughout the intelligence community. I am enthusiastic about welcoming the talented Infodata team to our Company." McDonald Bradley has an aggressive, strategic business goal to drive growth through enlarging its foothold in the intelligence agencies and recently opened an office near Ft. Meade to facilitate support of current and future projects at the National Security Administration (NSA). "The McDonald Bradley acquisition is an exciting, positive step in Infodata's lifecycle, and represents an excellent opportunity for our employees, shareholders and customers," said Edwin Miller, President and CEO. "With the combination of McDonald Bradley's leadership in the market, solid management team, track record of success and high growth trajectory, I am delighted that Infodata will be part of an exciting new future." Infodata solutions enable customers to efficiently manage tremendous volumes of content, while expanding automation and streamlining processes. The Company has supported the specialized needs of the intelligence community for more than two decades. The Intel division staff represents over 130 years of domain expertise in information technology around content management, system development and implementation, document security processes, testing, operational support, and government compliance regulations. The Company, with headquarters in Herndon, VA, has been in business since 1968 and has served thousands of customers worldwide, including 20 government agencies. Revenue for the year ending December 31, 2004 was approximately $9.6 million. BB&T/Windsor Group is serving as financial advisors to McDonald Bradley in this transaction. About McDonald Bradley McDonald Bradley is a privately-held information technology solutions provider to the government marketplace with headquarters in Herndon, Virginia. Since it was founded in 1985, it has steadily built an exceptional reputation in delivering IT solutions to Defense, Intelligence, Homeland Security, Federal Law Enforcement and Federal Civil clients, averaging 32 percent growth each year since 1994. Core technology expertise includes: visual intelligence services, service-oriented architectures, Independent Verification and Validation (IV&V), and web and systems development services. McDonald Bradley was ranked 38th on the "Technology Fast 50" list for Virginia by Deloitte & Touche LLP in 2004. Additionally, Washington Business Journal named the Company as the region's 15th "Fastest Growing Company." DATASOURCE: McDonald Bradley, Inc. CONTACT: Liz Sara: m: +1-202-255-0134, or , for McDonald Bradley, Inc. Web site: http://www.mcdonaldbradley.com/

Copyright