VIENNA, Va. July 1 /PRNewswire/ -- GRC International (NYSE: GRH) today
announced it has sold all intellectual property and other assets related to
its OSU(R) Network Interface business to SOTAS Inc., a privately held
Rockville, Md.-based manufacturer and developer of performance monitoring
telecommunications equipment. Under the agreement, SOTAS will pay GRCI cash
plus royalties on sales of OSU products and derivatives for a ten-year period,
and will assume warranty and other obligations.
    GRC International President and CEO Jim Roth, said: "This transaction
marks the culmination of our previously announced plans to sell the OSU
business. It also demonstrates the richness of our intellectual property,
ideas and new concepts that have resulted from our on-going services
operations, and leverages them in a new, strategic model. In the future, we
can apply this model as we advance other products or services by enlisting
financial and marketing partners who have the demonstrated ability and
resources to bring them to market. We can do this while focusing on growing
our successful professional services business, which continues to be
profitable."
    SOTAS CEO Peter Willson added: "The OSU is an excellent addition to our
existing SOTAS' product lines and extends our capabilities into the emerging
fiber optic SONET market. The OSU is a functionally rich product and will be
immediately available to our customers."
    The OSU Network Interface was developed by GRC International to address
and resolve many of the traffic management issues of fiber optic networks
employing synchronous optic network (SONET) and synchronous digital hierarchy
(SDH) technology protocols. The product has been extensively tested and more
than 100 units have been deployed to several key customers such as MCI,
Stentor and Bell Atlantic. SONET is the evolving standard for fiber optic
communication throughout North America and SDH is the equivalent standard for
fiber optic communications outside North America.
    Since 1982, SOTAS has succeeded by designing, manufacturing and operating
test and diagnostic equipment for the telecommunications customers around the
world. The company's client's include MCI, Global One, AT&T, Korea Telecom,
BT, Concert, Northern Telecom, Stentor and others. SOTAS has been listed in
Inc. Magazine's INC 500 (the 500 fastest growing privately held corporations
in the USA) and Washington Technology's "Fast 50" (the 50 fastest growing
companies in the Washington metropolitan area.)
    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/.

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