Mitsubishi Corporation Makes Major Financial Investment in ANXeBusiness Corp

      SAIC Subsidiary Receives Investment and Forges Global Partnership

    SAN DIEGO, July 9 Mitsubishi Corporation and ANXeBusiness
Corp, a subsidiary of Science Applications International Corporation (SAIC),
today announced that Mitsubishi Corporation, together with its principal
American subsidiary, Mitsubishi International Corporation, have made a
significant financial investment in ANXeBusiness Corp and will promote the
implementation of the ANX(R) Network throughout their worldwide trading
community.
    Mitsubishi Corporation's investment in ANXeBusiness Corp will give it
approximately a 20 percent stake in the company.  A Mitsubishi Corporation
representative will also join the ANXeBusiness Board of Directors.  This marks
the first external investment in ANXeBusiness Corp since it was formed by SAIC
in February 2000.  The investment by Mitsubishi Corporation in ANXeBusiness is
part of a broad strategic alliance between the companies.
    In commenting on the investment, Mitsubishi Corporation's Chief of Staff,
e-Solutions, Norio Okaido, said that one of Mitsubishi Corporation's strategic
goals is to provide its customers with powerful new "brick and click" business
strategies, melding traditional "brick and mortar" models with new on-line
business capabilities.
    "Mitsubishi Corporation believes," he explained, "that investing in the
ANX Network represents a visible step toward realizing our own strategies and
goals.  The network will provide for communication among Mitsubishi's
partners, subsidiaries, suppliers and customers, and will also provide
Mitsubishi with a forum in which to deliver value-added services such as our
traditional business know-how.  We believe that the ANX Network will continue
to grow and that our investment will be worthwhile both financially and in
terms of giving us access to a ready-made global infrastructure for our
business activities."
    While any investment in a technology company is notable in current market
conditions, the greatest value of this investment to ANXeBusiness is in the
relationship with Mitsubishi Corporation and the assistance Mitsubishi
Corporation will provide in penetrating markets beyond the automotive industry
and beyond North America, said ANXeBusiness Corp President and CEO Alexander
Preston.
    "Our goal is for the ANX Network to be the global business-class
Internet," Preston explained.  "Having Mitsubishi Corporation as a partner
brings new users to the network from a variety of industries across the
Pacific Rim, and completes the global footprint of ANX Network services in our
first year of commercial operation."
    Southfield, Mich.-based ANXeBusiness operates the ANX Network, one of the
world's largest managed multi-provider B2B networks, and is a subsidiary of
SAIC, the United States' largest employee-owned technology company.
    Originally created by the Automotive Industry Action Group (AIAG) as a
North American virtual private network for the automotive industry, the ANX
Network has become a global network with users in the automotive, financial,
health care, logistics, raw material, service, aerospace and other industries
in the one year that has passed since its sale to SAIC by the AIAG.  The
network currently serves more than 850 customers, including several of the
world's largest automotive manufacturing and supplier companies.
    Mitsubishi Corporation is one of the world's most diverse enterprises.
Generally classified as a trading company, Mitsubishi Corporation has decades
of experience doing business around the world, experience that has made it
more than just a leader in international trade.  The company's seven business
groups -- New Business Initiatives, IT & Electronics, Energy, Metals,
Machinery, Chemicals and Living Essentials -- work closely with clients to
develop new business opportunities.  Project coordination, sourcing of raw
materials, capital investments and development of sales channels are typical
of the ways Mitsubishi Corporation creates value for business partners,
customers and shareholders.  Through .Commerce ("dot commerce"), Mitsubishi
Corporation's new business model, the company is now seeking to create even
more value for all stakeholders.  It is leveraging its competitive advantages
in the so-called Old Economy to lift commerce to a new level.  This involves
integrating strengths of the New Economy, or online economy, into Old Economy
business models, and vice versa.
    ANXeBusiness Corp (http://www.anx.com ), a subsidiary of Science Applications
International Corporation (SAIC), owns and operates the ANX Network, which is
one of the world's largest multi-provider Virtual Private Networks (VPN).
Today, a collaborative community uses ANX services to achieve reliable
performance, complete accountability and highly secure supply chain
management.  Services offered on the ANX Network include both extranet and
intranet services and solutions.  The ANX Network serves multiple industries,
including automotive, financial services, health care, railroads, steel,
aluminum, rubber, high-tech and manufacturing.  The ANX(R) Network, (a TCP/IP
network that is separate from the public Internet utilizing a secured
bandwidth), is provided and managed by multiple world-class telecommunications
vendors, including Ameritech, AT&T, Bell Canada, Equant, Ideal Technology
Solutions and MCI WorldCom.
    SAIC is the United States' largest employee-owned research and engineering
company, providing information technology, systems integration and eBusiness
products and services to commercial and government customers.  SAIC engineers
and scientists work to solve complex technical problems in telecommunications,
national security, health care, transportation, energy, the environment and
financial services.  With annual revenues of $5.9 billion, SAIC and its
subsidiaries, including Telcordia Technologies, have more than 41,000
employees at offices in more than 150 cities worldwide.  More information
about SAIC can be found on the Internet at http://www.saic.com .
    Statements in this announcement other than historical data and information
constitute forward-looking statements that involve risks and uncertainties.  A
number of factors could cause our actual results, performance, achievements or
industry results to be very different from the results, performance or
achievements expressed or implied by such forward-looking statements.  Some of
these factors include, but are not limited to, the risk factors set forth in
the Company's Annual Report on Form 10-K for the period ended January 31,
2001, and such other filings that the Company makes with the SEC from time to
time.  Due to such uncertainties and risks, readers are cautioned not to place
undue reliance on such forward-looking statements, which speak only as of the
date hereof.