VIENNA, Va., July 1 /PRNewswire/ -- GRC International (NYSE: GRH) today
announced that GRCI President Gary Denman, Ph.D., has become Chief Executive
Officer following the retirement of Jim Roth, who spent the past six years as
president and CEO. Mr. Roth will continue serving the company as a member of
its board of directors.
"In an era when technology, particularly information technology, is of
vital importance to every aspect of an enterprise," said Dr. Denman, "I find
GRCI exceptionally well positioned to respond to growing customer demands for
advanced technical solutions to their management and decision-making
challenges. These include projects such as the modernization of the Army's
retail logistics information system, modeling and simulation for the Office of
the Secretary of Defense, information warfare for the Navy, system testing
work for the regulation division of a national financial association; and
development of embedded communications software for Lucent Technologies. I
look forward to continuing the momentum we have recently demonstrated by
capitalizing on GRCI's professional expertise and technical strengths."
GRCI Chairman Joseph Wright said, "This first nine months of this year
have been very strong for GRCI with a 30 percent increase in EBIT and a
maximum contract backlog that grew to approximately $500 million. Gary was an
important driver in these results and is an ideal fit to all the leadership
needs of GRCI. He is deeply knowledgeable of the company's technical
capabilities and customer base. As COO he has been an exceptional leader as
the company returned to profitability over the past 15 months. The board of
directors and I look forward to working closely with Gary in the years to
come."
Retiring CEO Jim Roth said, "Gary Denman's assumption of the CEO title
brings to completion a succession plan that we began putting in place nearly
three years ago. Gary is that rare leader who both understands a broad array
of technology and technology issues and who can also manage technology at an
executive level. I feel confident, as a result, that we have selected the most
capable and experienced executive to direct this leading-edge technology
company into the next century. I wish Gary and GRCI all the success in the
world and I personally look forward to making contributions to its future as a
board member."
Dr. Denman, 59, joined GRCI as Senior Vice President, Strategic Planning
in March 1995. In 1992, prior to joining the company, he was appointed
Director of the Advanced Research Projects Agency (ARPA), the Department of
Defense's principal agency for research, development and demonstration of
concepts, devices, and systems, providing highly advanced military
capabilities.
As Director of ARPA, Dr. Denman was responsible for executive management
of the agency's investments in high pay-off and innovative research and
development. This entailed extensive efforts to develop and implement advanced
design concepts and a broad array of advanced technologies with an emphasis on
information technology. Dr. Denman's focus at ARPA was on applied technology,
particularly working with industry leaders and universities to implement
advanced technology in products and manufacturing processes.
Prior to joining ARPA, Dr. Denman was the Deputy Director of the U.S. Air
Force's Wright Laboratories at Wright Patterson Air Force Base where he was
responsible for the management of a diverse program to develop advanced
aerospace technologies and implemented focused technology transition
initiatives for early insertion into new systems. Prior to that position, Dr.
Denman was the Director of the U.S. Air Force Materials Laboratory and
Director of the U.S. Air Force Manufacturing Technology Program where he
initiated a broad array of materials and manufacturing process developments.
Dr. Denman received a B.S.M.E. from the University of Cincinnati and an
M.S. and Ph.D. from Ohio State University in mechanical engineering.
GRC International Inc., with headquarters in Vienna, Va., provides
knowledge-based professional services and high-quality technology-based
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/.
SOURCE GRC International
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Wayne Jackson, Director, Corporate
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