VIENNA, Va., Jan. 13 /PRNewswire/ -- To further strengthen its commitment
to building shareholder value through the expansion of its technical services
business GRC International (NYSE: GRH) today announced the appointment of
James P. Allen, 49, to the positions of senior vice president, CFO and
treasurer.
In announcing Mr. Allen's appointment, GRC International President and CEO
Dr. Gary Denman said, "GRCI is committed to an aggressive, long-term, and on-
going effort to grow revenues and increase profitability. Adding a CFO of
Jim's high caliber and experience to our executive staff is a key element of
our plans to achieve these goals and I am very pleased that he has agreed to
join us. In addition to his extensive experience successfully leading the
finance and accounting activities of large and rapidly growing technology
companies, he has proven himself to be an excellent corporate strategist, and
is highly skilled in working with the investor community."
Mr. Allen, who will report directly to Dr. Denman, was formerly the
Executive Vice President and CFO of CACI International, a $400 million
information technology and professional services and software products
company. During his tenure with CACI, Mr. Allen was responsible for the full
range of financial and administrative activities and was instrumental in the
company's efforts to build revenues and profitability through a series of six
acquisitions. He also implemented a highly successful investor relations
program, adding analyst coverage, growing trading volume, and building
institutional ownership.
Prior to joining CACI, Mr. Allen was Vice President of Finance for I-Net
Inc., a $300 million privately owned network services provider to the federal
government. He also was Executive Vice President of Finance and Administration
for RJO Enterprises Inc., a $50 million company that provided a broad range of
IT, engineering and program management services to the federal government.
From 1979 until 1992, Mr. Allen was with Fairchild Industries and its
spin-off, Fairchild Space and Defense Corp. where he was Vice President,
Finance, CFO, and Treasurer. He held a number of finance related positions
with Fairchild Industries, rising from Director of Accounting to Vice
President and Controller. Fairchild Industries was a $1 billion, publicly
traded diversified aerospace manufacturer.
Mr. Allen received his BS in business administration/operations research
and his MBA from the University of Maryland. He has been a CPA since 1974.
GRC International Inc., with headquarters in Vienna, Va., provides
knowledge-based professional services and high-quality technology-based
product solutions to government and commercial customers. GRCI is a publicly
traded company listed on the New York Stock Exchange under the symbol GRH.
Additional details about the company can be obtained on the Internet at
http://www.grci.com/.
Inquiries: Wayne Jackson, Director, Corporate Communications,
703-506-5038. GRCI press releases are available on the Internet through
Company News On-Call at http://www.prnewswire.com/.
SOURCE GRC International
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Related links:
http://www.grci.com/
Company News On-Call:
http://www.prnewswire.com/comp/320275.html or fax,
800-758-5804, ext. 320275
CONTACT:
Wayne Jackson, Director of Corporate
Communications of GRC International, 703-506-5038
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