ADVISORY BOARD MEMBERSHIP INFORMATION

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Thomas E. Darcy

Executive Vice President
Science Applications International Corporation

Thomas E. Darcy is currently Executive Vice President for Strategic Projects, after having served as SAIC’s Chief Financial Officer from October 2000 through November of 2005.  As Chief Financial Officer, Mr. Darcy led the finance organization of SAIC during a period of significant reorganization and change, including the transition from the Company’s founder and CEO, Bob Beyster, to its current CEO, Ken Dahlberg. During this period the company’s revenues from continuing operations grew from approximately $4.0 billion to $7.8 billion.  Finance organization departments under Mr. Darcy’s leadership included Controllership, Information Technology, Treasury, Operations Finance and Planning, Finance Business Process Transformation, and Stock Programs.  In his Strategic Projects role, Mr. Darcy provides direct support to Ken Dahlberg on a wide variety of the company’s strategic initiatives, such as the company’s recent successful $1.3 billion initial public offering.  Mr. Darcy also serves as the chairman of the audit committee of AMSEC, a joint venture between SAIC and Northrop Grumman Newport News with revenues of $470 million, and served on the board of Telcordia Technologies, SAIC’s wholly owned telecommunications subsidiary with revenues in excess of $1 billion, prior to its sale to a financial investment group in 2005.

Mr. Darcy is a member of the American Institute of CPA’s and the California Society of CPA’s.  His current community activities include serving on the Board of Directors of the College of Business Administration at San Diego State University (SDSU), the Board of Directors of the Campanile Foundation at SDSU, the Board of Advisors to the School of Accountancy at SDSU, and the Board of Directors of the YMCA of San Diego County.  He has previously served on the Board of Directors of the Economic Development Corporation of San Diego, BIOCOM San Diego, the Board of Trustees of the San Diego Space and Science Foundation, the Steering Committee of the UCSD CONNECT Program for Technology and Entrepreneurship, the Board of Directors of ACCION San Diego, and the Board of Trustees of the Beyster Institute.  He has also served in officer capacities for both the San Diego chapter of the Delta Upsilon Alumni Association and the Del Mar Little League.

Mr. Darcy graduated from San Diego State University in 1973 with a B.S. in Business Administration as an accounting major, and has also completed the UCLA Anderson Graduate School Advanced Executive Program “Competing in a Global Environment”.  He earned his California Certified Public Accounting Certificate in 1976, and maintains it in an active status.

Mr. Darcy joined Price Waterhouse on July 1, 1973, and practiced public accounting with the firm through September 2000.  Mr. Darcy started in the Firm’s Los Angeles office, and has also served in the Century City, San Diego, and Houston offices.  Mr. Darcy became a partner in Pricewaterhouse in 1985, and was also appointed the Partner in Charge of the San Diego Emerging Business Group in that year.  He became the San Diego Office Managing Partner in 1994, and was appointed the West Region Audit and Business Advisory Services High Technology Managing Partner in 1995.  In 1996 Mr. Darcy was transferred to Houston, Texas to assume worldwide responsibility for the firm’s relationship with Compaq Computer Corporation.  He also assumed Managing Partner responsibility for the Southwest Region Audit and Business Advisory Services Technology, Infocomm and Entertainment practice in 1998, the year Price Waterhouse became PricewaterhouseCoopers following the firm’s merger with Coopers and Lybrand.  In the spring of 2000, Mr. Darcy assumed worldwide responsibility for the firm’s relationship with the Walt Disney Company and transferred to the Century City office in July 2000.

During his career at PricewaterhouseCoopers, Mr. Darcy also was responsible for other client engagements in the technology area as well as clients in the government contracting, software, retailing and consumer products areas.  His clients comprised public, venture capital backed and other private companies, including numerous entities completing initial public offerings.   In San Diego, he served SAIC (through Fiscal 1994), Qualcomm, HNC, STAC, Souplantation (Sweet Tomato) Restaurants and Callaway Golf, and assisted Qualcomm, HNC, STAC and Souplantation in completing their initial public offerings. 

Mr. Darcy has also been heavily involved in numerous other capital market, venture capital and M&A transactions,  including SAIC’s various bond financings ($1.1B), Compaq Computer Corporation’s acquisitions of Tandem Computer ($3B) and Digital Equipment Corporation ($9B), and SAIC’s divestiture of Telcordia Technologies ($1B).