Mike Dickerson
Director, Media Relations
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Bill Lackey
Director, Investor Relations
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CSC ANNOUNCES $370 MILLION IN PREVIOUSLY UNANNOUNCED COMMERCIAL CONTRACTS
News Release -- January 07, 2008
EL SEGUNDO, Calif., Jan. 7 -- Computer Sciences Corporation (NYSE: CSC) today announced that its Americas commercial business units have signed three previously unannounced contracts during CSC’s fiscal 2008 third quarter. These contracts, combined with a previously announced award with no assigned value, have a total estimated value of approximately $370 million if all contract options are exercised.Significant areas of award activity include full-service infrastructure and applications outsourcing, as well as extensions of existing long-term relationships.
“These contracts signify the confidence our clients have in CSC’s ability to apply our vast experience and expertise to deliver business results for both large and mid-sized projects for a diverse cross section of companies,” said CSC Chairman, President and Chief Executive Officer Michael W. Laphen.
All expressed contract award terms and values represent the amounts that CSC expects to receive from the agreements if all options are exercised.
About CSC
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 89,000 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 $15.5 billion for the 12 months ended Sept. 28, 2007. For more information, visit the company’s Web site at www.csc.com.
