EL SEGUNDO, Calif., June 30 /PRNewswire-FirstCall/ -- Computer Sciences Corporation (NYSE: CSC - News) announced today that it has signed an agreement to provide information technology (IT) infrastructure services to BEC, a leading solution provider to the financial sector in Denmark. The agreement is valued at $71 million over a six-year period.
Under terms of the agreement, CSC will provide IT infrastructure services to BEC in Denmark. The new agreement builds upon CSC's existing relationship with BEC, under which CSC has been delivering bulk print services to BEC since June 2000.
"CSC is pleased with this latest expansion of our relationship with BEC, which expands CSC's client base in the financial sector in the Nordic region," said George Bell, president of CSC's European Operations. "CSC's experience in working with financial organizations, and our track record of delivering operational and financial results makes us an ideal fit to support BEC."
"BEC has gained a competitive advantage with this agreement, enabling BEC and its customers to pursue business goals more effectively. BEC sees CSC as a strategic business partner and we look forward to working together in the years to come," said Adam Harhoff, chief technology officer of BEC.
About BEC BEC is a full service IT-centre (design, build and operate) for the financial sector. BEC has 580 employees, more than 100 customers and provides services in Banking, Investment, Mortgages, Insurance and Pensions. BEC uses leading edge technology in the market in order to match our customers' expectations in a safe and effective way.
About CSCFounded in 1959, Computer Sciences Corporation is a leading global information technology (IT) services company. CSC's mission is to provide customers in industry and government with solutions crafted to meet their specific challenges and enable them to profit from the advanced use of technology.
With approximately 90,000 employees, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC's own advanced capabilities. These include systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting. Headquartered in El Segundo, Calif., CSC reported revenue of $14.8 billion for the 12 months ended April 2, 2004. For more information, visit the company's Web site at
www.csc.com.
