Casino, Public Entities and Third-Party Administrators Join RISKMASTER Users’ Community


EL SEGUNDO, Calif., March 27 – Computer Sciences Corporation (NYSE: CSC) today announced that six organizations, including the Los Angeles County Metropolitan Transit Authority (Metro), have licensed RISKMASTER X, CSC’s independent claims and risk information management system. The other clients include another public entity, a self-insured casino and three third-party administrators (TPAs). The organizations will use the software to improve claims processing efficiency and help control losses through more accurate reporting.

RISKMASTER X, the latest version of CSC’s RISKMASTER software, provides all aspects of claim management – from first notice to final disposition – combined with a risk management information system. The software, which gives managers and front-line users accurate, up-to-date business and market data via a Web browser, can be installed at the client site or hosted by CSC. More than 15,000 risk and claims specialists and 470 organizations use RISKMASTER, creating the largest users’ community of any independent risk management software.

“We chose RISKMASTER X primarily because of its flexibility and rich functionality,” said Greg Kildare, Risk Management executive officer for the Los Angeles County Metropolitan Transit Authority. “With its automated processes and imaging system running at our TPA, we can eliminate paper-based processes and streamline claims administration. Its ad hoc reporting capabilities will also enhance our risk management procedures and enable us to allocate costs more accurately to our various units.”

“RISKMASTER is a market leader because it integrates full claims and risk management with robust information system reporting,” said Ray August, president of the Property and Casualty Insurance division of CSC’s Financial Services Group. “CSC’s strength in the public agency and TPA segments allows us to continually improve our offerings and, in turn, help our clients achieve even greater results.”

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 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.