LSI Builds on Business Momentum, Appoints New Chairman

LSI, a global solution development firm serving government, commercial and nonprofit clients, today announced the appointment of Steven Myers as chair of its board of directors, effective immediately. Myers is the founder of SM&A, which became the largest proposal management and program support firm in the defense contracting industry during the 1990s and 2000s. He will be putting his extensive experience in the sector to work for LSI, leading strategy for corporate growth and delivery.

Myers, a world-renowned business development and transformation leader, served as SM&As President & CEO for 16 years before taking the company public in 1998. When sold to private equity investors in 2008, the company was generating more than $100 million in annual revenue and employed over 800 people.

Over the past year, LSI has developed a $2 billion pipeline “ and is now focused on the leadership and expertise needed to continue its current growth trajectory, while increasing scalability of the business and innovating and evolving the services it delivers. Bringing the right expertise and experience to the table will enable LSI to continue to partner and support organizations as they tackle some of the greatest issues theyve faced yet.

We are thrilled to add Steves deep domain experience and broad management capabilities to our leadership bench, said Sean Slatter, LSI President and CEO. During the 25 years he was with SM&A, the company became prime contractors consulting firm of choice for large and complex strategy, capture, proposal development and program support. His success in the industry makes him uniquely qualified to help our clients solve their most complex business, economic and social challenges.

Myers is currently the Chairman & CEO of Dolphin Capital Holdings, Inc. and director of Caladrius Biosciences, Inc. (NASDAQ: CLBS). Myers graduated from Stanford University with a Bachelor of Science in Mathematics, is an Ernst & Young Entrepreneur of the Year Award winner and a frequent lecturer on Entrepreneurship at the University of Southern Californias Marshall School of Business. He is also an Air Force veteran and accomplished aviator, with 6,000 hours of flights time and 11 jet type ratings.

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About LSI

LSI, Inc. provides high-value Economic Development and Sustainment services to Federal, State, and Local Government agencies; and Business Development, Capture, Proposal, Technical, and Program services to Prime Contractors, Subcontractors, and Manufacturers. LSIs mission is to help government, commercial and nonprofit clients solve their most complex challenges. Through engagement, trust, understanding, expertise and ingenuity, LSI builds solutions that change the world.

Learn more at www.lsiwins.com.

Veronica Eatchel (801) 776-0062