EXHIBIT 99.1
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[LOGO - ANTEON INTERNATIONAL]
NEWS
FOR IMMEDIATE RELEASE Contacts:
PRESS
Mark Meudt
(703) 246-0525
mmeudt@anteon.com
INVESTORS
Paul Cooksey
(703) 246-0521
pcooksey@anteon.com
ANTEON ACQUISITION REVIEW EXTENDED BY
REQUEST FOR ADDITIONAL INFORMATION
FAIRFAX, VA, MARCH 10, 2006 - Anteon International Corporation (NYSE: ANT),
announced today that it, together with General Dynamics Corporation (NYSE: GD),
has received a request from the Department of Justice (DOJ) for additional
information in connection with the previously announced proposed acquisition of
Anteon by General Dynamics. Both companies are cooperating with the government
authorities and intend to address the request promptly.
The request extends the waiting period imposed by the Hart-Scott-Rodino
Antitrust Improvements Act of 1976 during which the DOJ conducts its review of
a proposed transaction. While Anteon does not know when the DOJ will complete
its review, Anteon continues to anticipate that the transaction will close by
the end of the second quarter of 2006, as previously announced.
ABOUT ANTEON
Anteon, headquartered in Fairfax, Virginia, is a leading information technology
company serving the U.S. Federal government and international customers. Anteon
designs, integrates, maintains, and upgrades state-of-the-art systems for
national defense, intelligence, homeland security, and other high priority
government missions. Anteon provides numerous government clients with the
systems integration, strategy and program management, systems engineering,
operations services, and simulation and training skills necessary to manage the
development and operations of their mission critical systems. The Company was
founded in 1976 and currently employs over 9,500 employees in more than 100
offices worldwide. Anteon consistently ranks among the top information
technology integrators based on independent surveys, and has been named to the
FORBES LIST OF THE 400 BEST BIG COMPANIES IN 2006, earning distinction on the
Forbes Platinum List. Anteon is listed on the STANDARDS & POOR'S MIDCAP 400
INDEX. For more information, visit www.anteon.com.
CAUTIONARY LANGUAGE CONCERNING FORWARD-LOOKING STATEMENTS
Statements herein regarding the proposed transaction between Anteon
International Corporation and General Dynamics Corporation, the expected
timetable for completing the transaction, future financial and operating
results, benefits and synergies of the transaction, future opportunities for
the combined company and any other statements about Anteon International
Corporation management's future expectations constitute forward looking
statements within the meaning of the Private Securities Litigation Reform Act
of 1995. Such statements are based upon the current beliefs and expectations of
Anteon International Corporation's management and are subject to significant
risks and uncertainties. There are a number of important factors that could
cause actual results or events to differ materially from those indicated by
such forward looking statements, including: the ability to obtain governmental
approvals of the transaction on the proposed terms and schedule and the failure
of Anteon International Corporation stockholders to approve the transaction.
Additional factors that may affect future results are contained in Anteon
International Corporation's filings with the Securities and Exchange Commission
("SEC"), including its Annual Report on Form 10-K for the year ended December
31, 2004, which are available at the SEC's Web site (http://www.sec.gov). The
information set forth herein speaks only as of the date hereof, and Anteon
International Corporation disclaims any intention or obligation to update any
forward looking statements as a result of developments occurring after the date
hereof.
IMPORTANT ADDITIONAL INFORMATION WILL BE FILED WITH THE SEC
In connection with the proposed transaction, Anteon International Corporation
has filed a definitive Proxy Statement with the SEC and has mailed such final
Proxy Statement to its stockholders. INVESTORS AND SECURITY HOLDERS OF ANTEON
INTERNATIONAL CORPORATION ARE URGED TO READ THE PROXY STATEMENT AND ANY OTHER
RELEVANT DOCUMENTS FILED WITH THE SEC WHEN THEY ARE AVAILABLE BECAUSE THEY WILL
CONTAIN IMPORTANT INFORMATION ABOUT ANTEON INTERNATIONAL CORPORATION, THE
PROPOSED TRANSACTION AND RELATED MATTERS. Investors and security holders of
Anteon International Corporation may obtain copies of the Proxy Statement, as
well as other filings with the SEC that may be incorporated by reference into
such documents, containing information about Anteon International Corporation,
without charge, at the SEC's Internet site (http://www.sec.gov). These
documents may also be obtained for free from Anteon International Corporation
by directing a request to Anteon International Corporation, Investor Relations,
3211 Jermantown Road, Fairfax, Virginia 22030-2801 or at Anteon International
Corporation's Investor Relations page on its corporate website at
www.anteon.com.
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