Contact: Eileen Cassidy Rivera
Vice President Communications
eileen.rivera@vangent.com

VANGENT, INC. ANNOUNCES SECOND QUARTER 2007 RESULTS

Arlington, VA, August 16, 2007 - Vangent, Inc., a leading global provider of information management and business process outsourcing services, today announced its second quarter 2007 results.

“We are pleased with our second quarter results, which were consistent with our expectations, ” said Mac Curtis, President and Chief Executive Officer of Vangent.  “In the second quarter, we continued to generate strong cash flow, improve Adjusted EBITDA and reduce net debt.”

Mr. Curtis continued, “In addition, we are successfully transitioning to an independent organization, ramping up our important CMS contract and continuing to win business underscored by our solid contract backlog. With our progress on these key business drivers, we are well positioned for a successful second half of 2007.” 

Q2 2007 Results Conference Call: Will take place on Thursday, August 16 th at 11:00 am EDT. Interested parties may call (866) 766-8627 (US and Canada) and request the “Vangent Q2 2007 Results Conference Call,” conference ID # 13352555. Interested parties calling outside the U.S. and Canada may dial (816) 650-0794 with the same conference ID #.

Audio Replay: A replay of the earnings call can be heard after 5 p.m. on August 16, 2007 until August 30, 2007. To hear the replay, dial (800) 642-1687 and enter the same conference ID # 13352555. For interested parties outside the U.S. and Canada, dial (706) 645-9291 and enter the same conference ID #.

Vangent’s second quarter financials including the Management Discussion and Analysis will be made available on the company’s website at www.vangent.com following the completion of the Vangent Q2 2007 Results Conference Call.

About Vangent, Inc.

With over 5,000 employees worldwide, Vangent, Inc. is a global provider of Consulting, Systems Integration, Human Capital Management and Business Process Outsourcing services to the U.S. federal and international governments, higher education institutions and corporations. Pearson Government Solutions was acquired by Veritas Capital on February 14, 2007 and changed its name to Vangent, Inc. Clients include the Centers for Medicare & Medicaid Services, the U.S. Departments of Defense, Education, Health and Human Services, Justice and Labor; the Equal Employment Opportunity Commission and the U.S. Office of Personnel Management, as well as Fortune 500 companies.

Headquartered in Arlington, Virginia, the company has offices throughout the U.S. and in the U.K., Canada, Mexico, Venezuela and Argentina.  

Forward-Looking Statements

This press release contains forward-looking statements. Forward-looking statements are those that do not relate solely to historical fact. They include, but are not limited to, any statement that may predict, forecast, indicate or imply future results, performance, achievements or events. Words such as, but not limited to, "believe," "expect," "anticipate," "estimate," "intend," "plan," "targets," "projects," "likely," "will," "would," "could" and similar expressions or phrases identify forward-looking statements. All forward-looking statements involve risks and uncertainties. The occurrence of the events described, and the achievement of the expected results, depend on many events, some or all of which are not predictable or within our control. In light of these risks and uncertainties, expected results or other anticipated events or circumstances discussed in this press release might not occur. We undertake no obligation, and specifically decline any obligation, to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Please view Part 2 of this press release: "Management's Discussion and Analysis Of Financial Condition and Results Of Operations." (PDF file)