FALLS CHURCH, Virginia, June 17 /PRNewswire/ --
- Renewed Contract Realigns and Extends CSC's Relationship with Global Rail Leader
CSC (NYSE: CSC) announced today that it has renewed its information technology (IT) outsourcing agreement with Bombardier Transportation, an operating group of Bombardier Inc. The new seven-year, US$1.2 billion (euro 765 million) contract, which has an incremental value of approximately US$944 million (euro 610 million), is an extension and expansion of services that began under a 2002 contract that was valued at US$700 million over seven years.
Under the new agreement, CSC will continue to provide Bombardier Transportation with a full range of infrastructure outsourcing services. These include desktop, service desk, network and application management services for more than 20,000 users at sites across 33 countries around the world. In addition, CSC will now provide overall integration for service ticket tracking and reporting, which will enable end-to-end service management across Bombardier's IT environment.
"This renewed agreement with CSC will ensure that our employees have quality IT services and support, 24 hours a day, 365 days a year from anywhere in the world," said Andre Navarri, president of Bombardier Transportation.
"We are pleased to extend our relationship with Bombardier," said CSC Chairman, President and Chief Executive Officer Michael W. Laphen. "Our global IT services expertise and legacy of experience in the manufacturing and transportation industries position us well to help Bombardier achieve its business goals."
About Bombardier Transportation
Bombardier Transportation has its global headquarters in Berlin, Germany with a presence in over 60 countries. It has an installed base of over 100,000 vehicles worldwide. The Group offers the broadest product portfolio and is recognized as the leader in the global rail sector.
About Bombardier
A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2008, were $17.5 billion US, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at http://www.bombardier.com.
About CSC
CSC is a leading IT services company. CSC's mission is to be a global leader in providing technology-enabled business solutions and services.
With approximately 90,000 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 Falls Church, Va., CSC reported revenue of US$16.5 billion for the 12 months ended March 28, 2008. For more information, visit the company's Web site at http://www.csc.com.
Web site: http://www.csc.com http://www.bombardier.com
Joanne Davis, Manager, Media Relations, CSC in United Kingdom, +44-0-1252-536-737, jdavis62@csc.com, or Mike Dickerson, Director, Media Relations, Corporate, +1-310-615-1647, mdickers@csc.com, or Bill Lackey, Director, Investor Relations, Corporate, +1-310-615-1700, blackey3@csc.com, all of CSC
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