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AMERICAONE SIGNS BELLCORE/SAIC AS SECOND OFFICIAL SPONSOR

SAIC SAN FRANCISCO, CA — SEPTEMBER 10, 1998 — AmericaOne, the San Francisco-based challenger for the 2000 America's Cup, announced that Bellcore/SAIC have joined the AmericaOne Team as an Official Sponsor providing technology support and campaign funding. Bellcore has been designated as the Official Telecommunications Software and Consulting Sponsor; and Science Applications International Corporation (SAIC) has been named the Official Founding Technology Provider Sponsor of AmericaOne . The syndicate is headed by 1998 Whitbread Round the World Race champion Paul Cayard. The team has previously announced Hewlett-Packard (HP) as an Official Sponsor; a third official sponsor will be announced in late September.

Bellcore, a wholly owned subsidiary of SAIC, is a leading provider of communications software, engineering, and consulting services. As an Official Sponsor of AmericaOne , Bellcore will provide technical and financial support and partner with SAIC to provide the software development and telecommunications technology to integrate AmericaOne’s design team efforts for critical research, design and testing of the keel, hull and sails for the syndicate’s two new IACC (International America’s Cup Class) boats.

"SAIC's involvement with the America's Cup has been continuous since 1984 when we supported the winning team which returned the Cup to the United States in 1987. In our opinion, AmericaOne has the strongest chance of bringing the Cup back to the United States. Our involvement with this team includes a continuation of our long and rewarding collaboration with Bruce Nelson, AmericaOne 's Principal Designer," reported Dr. Robert Beyster, SAIC Chairman of the Board, CEO and Founder. "This is clearly the best syndicate to showcase how Bellcore/SAIC’s technology can make a significant difference."

"AmericaOne offers Bellcore an excellent opportunity to demonstrate our leadership in multi-disciplinary systems integration programs," said Richard Smith, Bellcore CEO. "Technical contributors are located worldwide and linked through telecommunications networks for designing, testing and optimizing the fastest boat to win the Cup. We believe that Bellcore offers the best in software and technology to the telecommunications industry and is a perfect fit with AmericaOne - a team unmatched in both boat design and professional racing talent."

"SAIC has been involved in the America's Cup for more than a decade, as have many integral members of our design team," said Paul Cayard, AmericaOne Skipper and CEO. "We are working with one of the most diverse and talented groups of scientists and engineers ever assembled for an America’s Cup effort; our design team currently has over 30 participants covering a broad range of disciplines throughout the United States. I believe our team has some of the most skilled and experienced America’s Cup sailing talent in the world."

AmericaOne ’s design program relies extensively upon HP’s Exemplar class of supercomputers, which enable the design team to accurately analyze and evaluate a wider range of design options. In past America’s Cup campaigns, computational fluid dynamics programs have been limited by available computing resources needed to resolve the most complicated issues inherent in America’s Cup yacht design. HP computers provide a competitive advantage to the team’s naval architects, scientists, and engineers by providing the design team superior computing power.

The America’s Cup

The next America’s Cup will be held in Auckland, New Zealand, in February - March 2000. Challengers will race in a selection series from October 1999 through February 2000 to select one Challenger for the America’s Cup match against Team New Zealand. Sixteen challengers from ten nations have met the requirements to race in the Challenger Selection Series. The racing will draw an extensive worldwide TV coverage during the 16 weeks of competition.

About Bellcore

Bellcore, a SAIC company headquartered in Morristown, New Jersey, is a leading provider of communications software, engineering, consulting, and training services based on world-class research. Bellcore creates business solutions that make information technology work for telecommunications carriers, businesses and governments worldwide. Information about Bellcore is available at: www.bellcore.com.

About SAIC

Employee-owned SAIC provides high-technology products and services to government and commercial customers in the reas of information technology, systems integration, telecommunications, national and international security, energy, transportation, and environmental systems and engineering. With the recent acquisition of Bellcore, SAIC and its subsidiaries have estimated annual revenues of $4 billion and more than 33,000 employees at offices in over 150 cities worldwide. More information about SAIC can be found at: www.saic.com.

About The Challenge

America One is dedicated to recapturing the America’s Cup by applying U.S. technology in computer equipment, aerodynamics, hydrodynamics, sail design, naval architecture and structural engineering to America's Cup sailboat design. In addition to SAIC/Bellcore, technology partners include HP and Exponent. The AmericaOne team is comprised of forty-three professionals, including 30 members of the design team actively working on the research and design of its sailboats. Operating since June 1, 1996, AmericaOne is the challenger on behalf of San Francisco’s St. Francis Yacht Club. To learn more about AmericaOne visit: www.ac2000.org.

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For additional information, contact:
Gina Von Esmarch
AmericaOne
Phone: 415-474-3425
Fax: 415-474-3571
E-mail: gvonesmarch@americaone.org
Norman Booth
Bellcore
Phone: 973-829-2028
Fax: 973-829-2193
E-mail: nbooth@notes.cc.bellcore.com
Jane Van Ryan
SAIC
Phone: 202-661-8903
Fax: 202-628-0390
E-mail: jane.van.ryan@cpmx.saic.com



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