July 21 2008

KippsDeSanto & Co. Advises Oberon Associates, Inc. on Its Sale to Stanley, Inc.

KippsDeSanto & Co. is pleased to send you the attached press release announcing the signing of a definitive agreement for the acquisition of our client, Oberon Associates, Inc., by Stanley, Inc. Oberon is a leading provider of biometrics systems engineering, intelligence community support, and IT and enterprise data management to the U.S. federal government. KippsDeSanto & Co. is acting as financial advisor to Oberon in this transaction.

This transaction represents a number of key trends in defense and government services contracting M&A:

• The M&A market remains extremely vibrant and aggressive – notwithstanding broader capital market volatility – for the best-positioned market leaders;

• High-growth, next-generation technologies, such as biometrics, are highly sought after in the context of today’s defense budget environment and world of evolving national security priorities;

• Companies focused on supporting the intelligence community are at the forefront of industry acquisition criteria; and

• Buyers continue to aggressively position themselves through M&A for mission-critical work that will yield organic growth opportunities.

KippsDeSanto & Co. is an investment bank, headquartered in Northern Virginia, focused on delivering quality M&A and financing transaction results for leading, growth-oriented companies in IT, Defense, Communications, and Government Contracting. For more information on KippsDeSanto & Co., please visit www.kippsdesanto.com.

We welcome the opportunity to discuss how KippsDeSanto & Co. can help you achieve your strategic objectives. For more information on this particular transaction, please contact one of our senior professionals.

LEAD INVESTMENT BANKERS

Bob Kipps

Kevin P. DeSanto

Marc B. Marlin

Jon Yim