CSC SIGNS $360 MILLION MANAGED APPLICATIONS SERVICES AGREEMENT WITH SUN MICROSYSTEMS
EL SEGUNDO, Calif., Feb. 2 – Computer Sciences Corporation (NYSE: CSC) today announced that it has signed a global information technology (IT) applications management services agreement with Sun Microsystems Inc. The five-year contract is valued at $360 million.
Under the agreement, CSC will assume responsibility for the provision of all applications development and support services for Sun’s global operations in the U.S., Europe and Asia Pacific. CSC will manage Sun’s full portfolio of internal business systems applications, including finance, manufacturing, messaging, enterprise resource planning, customer relationship management, data warehousing and other general technology software.
“We are pleased to enter into this agreement with Sun,” said CSC Chairman and Chief Executive Officer Van B. Honeycutt. “Our broad experience in global enterprise applications integration and maintenance positions us to deliver results that will help Sun achieve its business goals.”
“It is no surprise that flexibility is one of the greatest competitive weapons in the IT industry,” said Sun Chief Information Officer Bill Vass. “CSC will help us achieve this nimbleness and ensure that Sun’s IT infrastructure is run as effectively as any company on the planet. We will operate at lower cost and with more flexibility to respond to market dynamics. As a platform-neutral, global integrator that we have worked closely with for two decades, Sun has a high level of confidence in CSC’s abilities.”
“The depth and breadth of our experience in applications support, combined with our ability to operate seamlessly around the world, make CSC ideally suited to help Sun achieve transformational results,” said Mary Jo Morris, president of CSC’s Global Transformation Services business unit. “We look forward to supporting Sun in this capacity and expanding our capabilities to deploy and support the Sun Java Enterprise System.”
About CSCFounded in 1959, 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 91,000 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 $15.3 billion for the 12 months ended Oct. 1, 2004. For more information, visit the company’s Web site at
www.csc.com.
