Janet Herin
Manager, Media Relations
Corporate
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Gregory Cann
Manager, Marketing & Communications
CSC in France
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Bill Lackey
Director, Investor Relations
Corporate
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CSC SIGNS SEVEN-YEAR IT SERVICES AGREEMENT WITH CACEIS
News Release -- June 11, 2007
EL SEGUNDO, Calif., June 11 – Computer Sciences Corporation (NYSE: CSC) today announced that it has signed a seven-year information technology (IT) services contract with CACEIS, one of Europe’s leading financial services providers. CACEIS clients include institutional investors, asset management companies and large corporations.Under the terms of the agreement, CSC will consolidate and transform CACEIS’ IT production infrastructures in Europe through the establishment of a standard operating environment. CSC will provide IT management and support services for all mainframe and midrange operations.
“CSC demonstrated to us that they could meet our changing IT and business requirements,” said Michel Bois, managing director of CACEIS. “Working with CSC will help us support our rapidly growing business with an improved service quality, while significantly reducing our IT costs.”
“CSC’s proven experience in the financial services market and our ability to meet our customers’ changing needs are solid foundations for our future collaboration with CACEIS,” said Guy Hains, president of CSC’s European Group. “We look forward to helping CACEIS improve their operational and financial performances and achieve desired results.”
About CACEIS
CACEIS is a banking group dedicated to depositary and custodial services, fund administration and corporate trust services for institutional and corporate clients. Present in six European countries (France, Luxembourg, Ireland, Belgium, Switzerland and the Netherlands) and with a total of 2,500 employees, CACEIS is one of the world’s front-ranking providers of custodial services with 1, 800 billion in assets, and is one of the leading European fund administrators with a total of €860 billion in assets under administration (figures as at 31 December, 2006).
In France, CACEIS is the leading depositary bank and the undisputed largest fund administrator. CACEIS is equally owned by Crédit Agricole S.A. and Natixis. www.caceis.com.
About CSC
Computer Sciences Corporation is a leading global 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 77,000 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 $14.7 billion for the 12 months ended Dec. 29, 2006. For more information, visit the company’s Web site at www.csc.com.
