**Exhibit 99.1**SM&A responds to statements made by former CEONEWPORT BEACH, CA — April 28, 2008 — SM&A today said that information contained in a recentpress release and in proxy solicitation documents filed with the Securities and Exchange Commissionby former SM&A CEO Steven Myers contained inaccurate and/or misleading information. The pressrelease from Myers was issued on April 24, 2008 and the presentation documents were filed with theSEC on April 23, 2008.Dwight Hanger, the Chairman of the Board of SM&A said, “It is most unfortunate that the founder ofour company has decided to pursue such a destructive path. I see nothing positive that can comeout of his efforts; in fact, it has already proven to be a costly and distracting exercise. Havingsaid that, I feel that our shareholders are being misled and that we need to address several of hisallegations.”In his press release and proxy materials: **•** *Myers complains about SM&A’s stock price*When Myers left the company as CEO in March 2007, SM&A’s stock price had fallen nearly 78% from itspeak during his tenure. The stock also was down 36% from the price it traded at three years beforehis retirement. After the company went public in January 1998, Myers and his then COO KennethColbaugh — now one of the Myers’ nominees — substantially missed guidance the following September,beginning a severe, downward spiral of the stock. At one point during Myers’ tenure as CEO, SM&A’sstock traded at 62 cents a share and was de-listed.We believe the recent decline in stock price, although in part a reflection of the marketconditions in general, is predominately due to our current slower revenue growth outlook andinconsistent EPS growth partially caused by continual charges for non-operational distractions -NOT because of poor guidance. **•** *Myers’ criticizes the accuracy of forecasted revenues*We stand by our recent guidance and note that our guidance will always be based on concrete dataand the best available information about our markets, current trends and opportunities. Ourability to generate revenue growth is highly dependent on the number and tenure of experiencedaccount executives, the availability of solutions we provide to our clients and the quantity andquality of our associates who are highly skilled to deliver our solutions. It should be noted thatMyers criticizes us for *exceeding*our forecasted revenue expectations, the result of exceptionalhard work and dedication by our employees. Our strong Q4 revenues were delivered despite theturmoil within the company and uncertain external economic negative forces, which jointly led toour conservative guidance for the period.
 

 
 **•** *Myers’ promises include “correcting accounting methodology to remedy the negativeimpact of the PPI acquisition’s accounting process.”*With respect to PPI, there is no accounting methodology to remedy. The structure of thetransaction, which presumably Myers reviewed and approved when he signed the agreement, is whatdrives the accounting treatment consequences we are faced with. **•** *Myers claims that he will effectively deploy cash*In 2008 until our recent “black-out period”, the company aggressively repurchased stock totaling $1million, or 241,200 shares. The Board and management review on a continual basis investmentdecisions which will result in the best return on assets. The Board and management will continueto make the best use of cash based on sound analysis and the alternatives available. We currentlyhave a buy back authorization of $4.8 million and intend to continue to implement it pursuant toits terms as market conditions warrant.As for Myers expertise in the “effective deployment of cash,” we only ask that you look to histrack record of investments in a series of acquisitions that resulted in $45 million of write-offsand aggregate losses totaling $50 million over 2000 and 2001. The resulting shareholder erosion wasimmediately evident in a stock which plunged from a peak of $32.75 three months after going publicin 1998 to 62 cents just two years later. **•** *Myers states he will reverse “recent attrition of critical talent.”*During the last 10 years as a public company under Myers’ leadership, 16 highly respected seniorexecutives and numerous senior level managers left SM&A; the majority of which either started orjoined companies that compete directly against SM&A. Much of that was due to the pervasive lack ofa sound strategic direction and investment strategy, a situation the Board moved to correct in late2006. The recent resignations are largely due to management disruptions and the resulting impact onemployee morale and job security through much of 2007. The Board believes the new reconstitutedleadership team has never been more talented, dedicated to operational excellence and focused as aTEAM to deliver results for shareholders. *The Board and this leadership team have recentlyattracted extraordinary new talent at every level to support our strategic direction.*Mr. Hanger continued**: “**Myers is running on his record, so it is only fair that our stockholdershave all of the facts and context to evaluate it. As I said in my previous letter to shareholders**,`**We invite you to review Myers’ record as CEO of SM&A because, when you do, we are confident youwill conclude as we have that ***our path to the future should not involve a detour into the past.’***
 

 
The credentials of your current Board speak for themselves. We have a super majority independentboard comprised of professionals with extensive relevant industry expertise, financial knowledgeand significant business acumen. We would put them up against Myers’ nominees anytime and areconfident that our stockholders will conclude that the Myers nominees offer no additional value.I believe, after examining the facts, our shareholders will conclude as we have that it is in theirbest interests and the best interest of this company for them to vote for the board of directorsnominated by the company.”**YOUR VOTE IS IMPORTANT — VOTE THE WHITE PROXY CARD TODAY**     The Stockholder meeting will be on Friday, May 23, 2008 with stockholders of record as ofApril 9, 2008 eligible to vote.If you have any questions or need assistance in voting, contact