News Release-- August 17, 2000

CSC TO ACQUIRE CHECKVISION ASSETS OF ALYSIS TECHNOLOGIES

Acquisition Adds New E-Business Capabilities to Financial Services Offerings

EL SEGUNDO, Calif., Aug. 17 -- Computer Sciences Corporation (NYSE: CSC) today announced it has signed a definitive agreement to purchase the CheckVision application framework and other assets of Alysis Technologies Inc., (Nasdaq: ALYS) a provider of online billing software. Details of the cash purchase were not disclosed.

The acquisition will expand CSC's capabilities in several areas, including providing leading financial services organizations and their clients the ability to access check images via the Internet. The CheckVision framework provides a variety of check imaging capabilities, including a high-volume, high-performance check image archive. Among Alysis' clients using the CheckVision application are Citibank, Comerica, Union Planters, Huntington National Bank, and Bank of the West.

Under the agreement, CSC anticipates that about 18 CheckVision employees will join CSC's Oakland, Calif.-based Integrated Payments Solutions organization, a unit of CSC's Financial Services Group, a leading solutions provider to many Fortune Global 500 companies.

The acquisition will enhance CSC’s remittance and check processing services, which were expanded nearly a year ago when CSC purchased TRW Data Services, formerly known as TRW Financial Systems. The CheckVision applications framework is a proven technology capable of meeting the high-volume image storage and access requirements associated with many of the Internet-based services offerings being developed by CSC's financial services clients.

"We are pleased with this opportunity to expand our offerings as we integrate CSC's strengths in e-business technologies, banking applications and remittance processing technology with CheckVision's image-based processing capabilities," said Van B. Honeycutt, CSC's chairman, president and chief executive officer. "Our goal is to provide customers with the best solutions for fast and accurate processing of all payment types, both traditional and electronic."

“The divestiture of our CheckVision business is the last piece of the strategic plan we began in the Fall of 1999,” said Kevin Moran, president and CEO of Alysis Technologies. “Our goal is to focus solely on our WorkOut® product line and the e-billing marketplace. The sale will give the Company an infusion of cash and increase our efforts for gaining increased market share.”

With the addition of the CheckVision capabilities to CSC's global capabilities and expansive financial services customer base, CSC will be better positioned to serve the industry's needs for mission-critical solutions in all areas of image-based processing. "We will continue to focus on devising new and better ways for our high-volume clients to achieve maximum integration of important customer data with their financial operations,” said Gary Sherne, vice president and general manager of CSC’s Integrated Payments Solutions organization. “For example, the CheckVision acquisition will be instrumental in providing the capabilities our clients need to adapt to the Federal Reserve's check image initiatives."

About Alysis Technologies

Alysis Technologies develops and delivers software products that allow leading edge organizations to integrate the power of the Internet with their network document repositories to provide the ultimate in customer service, one-to-one marketing, and business intelligence. Alysis’ WorkOut product has been selected by leading Fortune 500 companies to provide robust electronic bill and statement delivery and has been sold in the United States, Australia and the Middle East. For more information, please visit www.alysis.com.

About CSC

Computer Sciences Corporation's Financial Services Group offers a comprehensive array of business and technology solutions that supports the complex requirements of the evolving global financial services industry. Customers include more than 1,000 banks, insurance companies, investment firms, consumer finance companies, and other major financial services organizations around the globe.

Computer Sciences Corporation, one of the world's leading consulting and information technology (IT) services firms, helps clients in industry and government achieve strategic and operational objectives through the use of technology. Having guided clients through every major wave of change in IT for more than 40 years, CSC today is well positioned to develop and apply IT strategies and technologies, particularly in the e-business area, based on its full range of capabilities in management and IT consulting; systems design and integration; applications software; Web and application hosting; and IT and business process outsourcing.

Since its formation in 1959, CSC has been known for its flexibility and customer-centric culture. Through numerous agreements with hardware and software firms, the company develops and manages solutions specifically tailored to each client's needs. With more than 60,000 employees in locations worldwide, CSC had revenues of $9.6 billion for the twelve months ended June 30, 2000. It is headquartered in El Segundo, California. For more information, visit the company's Web site at www.csc.com.