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Monday, September 12, 2005; Page D05

Name: I2S Inc.

Location: Columbia. The company has a satellite office in McLean.


Former Secret Service officer Randy Meyers is president and chief executive of i2S Inc.
Former Secret Service officer Randy Meyers is president and chief executive of i2S Inc. (By Katherine Frey For The Washington Post)

Funding: The company raised $2 million in venture funding from the Grosvenor Funds.

Big idea: I2S works with defense contractors and the intelligence community in intelligence analysis, enterprise architecture for end-to-end systems, knowledge management and systems engineering. The company is primarily a subcontractor but is gearing up to work directly with the government.

Where the idea was hatched: Randall J. Meyers, president and chief executive, is a former Secret Service officer and 23-year veteran of the intelligence community. He decided to launch his business after working for a number of intelligence agencies. With his past experience and his contacts, Meyers said: "We offered investors a unique opportunity to enter a market space that has high barriers to entry."

Big-name customers: Lockheed Martin Corp., Northrop Grumman Corp.

Price: Projects range from as small as $1 million to as big as $10 million, Meyers said. He hopes to double the company's $20 million sales backlog in the next six months.

Founded: 2004

Who's in charge: Meyers; Gary Michael Allen, vice president; Tony Gigioli, vice president; Kathleen Lally, chief operating officer; Richard Blackmon, director for Virginia operations.

Employees: I2S currently has 70 employees and 100 job openings.

Web site: http://www.i2spros.com

What the name means: "I2S stands for ideas to solutions," Meyers said.

Quote: "There's a company called SI International that started seven years ago with private equity funding. They've grown in seven years from a firm with virtually no contracts and no employees to over 3,700 employees. I like their model and I'm hoping in some way to mimic that model, probably on a smaller scale. I hope we can grow to 1,000 people in a five-year time frame. That would be my dream."

-- Andrea Caumont


© 2005 The Washington Post Company