CSC Launches CloudSRM to Increase Purchasing Function Productivity and Agility Within the Enterprise

News Release -- December 07, 2010

Unique Cloud-Based Offering Built on Force.com Platform

SAN FRANCISCO – Dreamforce 2010 – Dec. 7 – CSC (NYSE: CSC) today announced its latest cloud offering, CloudSRM, an enterprise supplier relationship management (SRM) solution built on salesforce.com’s enterprise cloud computing platform, Force.com. CloudSRM improves operational performance of the purchasing and procurement function within organizations by providing an integrated toolset and knowledge base that delivers bottom line savings to organizations across multiple industries. The announcement was made today at Dreamforce 2010.

“Incremental savings and significant improvement in purchasing competencies and skills are results you can expect with CloudSRM,” said Siki Giunta, vice president, Cloud Computing and Software Services, CSC. “With only an Internet connection required, buyers gain real-time and tangible benefits. CloudSRM operationalizes best practices for purchasing professionals and is complementary to industry leading ERP solutions.”

CloudSRM leverages CSC’s 20 years of experience and best practices with business process consulting and makes it available through a low-cost, intuitive and integrated tool. The solution can be easily integrated with ERP systems to increase overall productivity and agility of the purchasing function. It also fills in the gaps of existing SRM solutions, addressing critical operational issues including:

• Monitoring tools that fail to make sustainable improvements in buyer performance
• Inadequate business intelligence and tracking tools that enable buyers to develop and manage strategic supplier relationships
• Lack of integrated internal client collaboration and evaluation tools

As with all CSC Trusted Cloud Solutions, CloudSRM uses CSC’s Business-First approach to planning and deployment, ensuring the move to a virtual SRM solution will deliver all planned benefits to the business. The solution includes the initial configuration, customer support and training; with optional CSC services including customization of the tool set to meet unique requirements and integration with an existing ERP system.

For more information about the CSC Trusted Cloud services, please visit www.csc.com/cloud. For insights, resources and community interaction on cloud topics, visit www.trustedcloudservices.com.

About CSC

CSC is a global leader in providing technology-enabled solutions and services through three primary lines of business. These include Business Solutions and Services, the Managed Services Sector and the North American Public Sector. CSC’s advanced capabilities include system design and integration, information technology and business process outsourcing, applications software development, Web and application hosting, mission support and management consulting. The company has been recognized as a leader in the industry, including being named by FORTUNE Magazine as one of the World’s Most Admired Companies for Information Technology Services (2010). Headquartered in Falls Church, Va., CSC has approximately 94,000 employees and reported revenue of $16.1 billion for the 12 months ended October 1, 2010. For more information, visit the company’s website at www.csc.com.

About Dreamforce

Dreamforce is the industry’s leading global cloud computing event focused on inspiring customer, partner and developer success with cloud computing. Attendees will learn how to maximize their current investments and explore new offerings across Salesforce Chatter, Sales Cloud, Service Cloud, Force.com and more. Over the past 10 years the cloud computing economy has radically changed the way companies operate. Now as we enter the next phase, cloud computing is becoming inherently social, real‐time and mobile. Dreamforce is where this transition is happening with hundreds of salesforce.com partners exhibiting the latest cloud offerings, as well as training sessions, seminars and breakout sessions.