SAIC Buys Forterra Systems OLIVE Product Line

February 8, 2010

Science Applications International Corporation has purchased Forterra Systems' On-Line Interactive Virtual Environment (OLIVE) product line, including all names, trademarks and licenses.

Terms of the purchase were not disclosed.

OLIVE is a market leading software platform that enables customers to deploy their own persistent and secure 3D Virtual Worlds where users can collaborate over networks. OLIVE's real-time virtual world technology enables interpersonal interaction through life-like human avatars. These avatars are three dimensional virtual representations that provide a human-machine interface for networked computers, enabling remote users to experience, collaborate, train, and learn. The platform currently supports virtual world implementations in healthcare, financial services, energy, transportation, retail, government, and higher education markets. OLIVE adds a branded platform to SAIC's simulation portfolio, and enhances the company's offerings to an expanding simulation marketplace.

"We look forward to working with current and future OLIVE license holders to support and extend the platform," said Bev Seay, SAIC senior vice president and business unit general manager. "We see virtual worlds as the direction of the future in modeling and simulation - emphasis on interpersonal interaction and collaboration enables us to take our products in new directions, and to new markets."

Approximately 12 employees will join SAIC from Forterra, and will become part of SAIC's Analysis, Simulations, Systems Engineering & Training Business Unit led by Seay. These employees will continue to support the OLIVE platform from locations in San Mateo, Calif., and Orlando, Fla.

"This deal will enable us to continue building the OLIVE platform and our related business, as well as shape the future market of virtual world products and services," said John Burwell, Forterra Systems vice president. "SAIC, which provides innovative applications of technology and expertise to solve customer problems, is an ideal fit. Well positioned in the public sector and select commercial markets, SAIC has the resources and channels to take OLIVE to the next level."