CSC Signs $25 Million Contract with Powercor-CitiPower

News Release -- August 22, 2011

SYDNEY, Australia, 22 August 2011 – CSC (NYSE: CSC) announced today that Powercor-CitiPower, a subsidiary of the Cheung Kong group of companies (HKSE:1038.HK), has extended its information technology (IT) services contract with CSC. The new five-year contract, which was awarded during CSC’s fiscal 2012 first quarter, has a total value of AUD$25 million.

Under the terms of the contract, CSC will provide Powercor-CitiPower a range of IT-related services, including infrastructure managed services and specialised service offerings such as security, architecture and program management.

Powercor-CitiPower is Victoria’s largest electricity distributor providing services to over 1 million customers in the Melbourne CBD, inner suburbs, and in Central and Western Victoria. 

"CSC’s partnership approach, cultural fit and long term commitment to the relationship has been key to our 10 year tenure,” said Glen McLean, General Manager IT Services, Powercor-CitiPower.
 
“Powercor-CitiPower will continue to evolve its service capability as part of extending the CSC relationship and will increase the use of CSC’s Global Centers of Excellence to improve our ability to respond and scale to industry demands. Powercor-CitiPower will also mature its Service Model by integrating best of breed solutions and processes to monitor and manage an increasingly complex technology environment,” added McLean.
 
System availability, performance and security are critical in the provisioning of electricity distribution services. CSC currently manages Powercor-CitiPower’s infrastructure, including hosting production systems at CSC’s Melbourne Data Center. Through the Powercor-CitiPower Shared Services Group, CSC provides IT services to power distribution companies including the Electricity Trust of South Australia and Wellington Electricity.

“CSC is proud to be working with Powercor-CitiPower as they continue to transform their electricity distribution business systems and processes and realise opportunities to provide value to consumers with emerging trends and technologies within the utility sector,” said Gavin Larkings, President & CEO, CSC in Australia. “We look forward to our continued relationship with Powercor-CitiPower and being the company’s technology partner for the digitisation of power distribution technology.”

In 2002, Powercor-CitiPower commenced a major program to deploy Advanced Interval Metering (AIM) Infrastructure across their Victorian customer base. This programme required an overhaul of corporate systems, deployment of systems integration technology and a wireless mesh network to 1.1 million Victorian customers. The technology enables interval metering data to be collected every 30 minutes and enables consumers and distributors to effectively manage power consumption. CSC applied its capabilities in technical systems integration, architecture and design, security as well as financial and programme management to contribute to Powercor-CitiPower’s AIM program.

About CSC
CSC is a global leader in providing technology-enabled business solutions and services. Headquartered in Falls Church, Va., CSC has approximately 93,000 employees and reported revenue of $16.2 billion for the 12 months ended July 1, 2011. For more information, visit the company’s website at www.csc.com