Issue of Debt

Unisys Corporation Announces Pricing of Public Offering of Senior Notes 

BLUE BELL, Pa., Aug. 17, 2012 -- Unisys Corporation ("Unisys" or the "Company") 
(NYSE: UIS) announced today that it has priced an offering of $210,000,000 of 
senior notes (the "Notes"). The Notes will have a coupon of 6.25% and will mature 
on August 15, 2017.  Interest on the Notes will be payable semi-annually in arrears 
on February 15 and August 15 of each year, commencing on February 15, 2013.  The 
closing is expected to occur on August 21, 2012, subject to customary closing 
conditions.

Unisys intends to use the net proceeds from this offering to redeem all of the 
Company's outstanding 12 3/4% senior secured notes due 2014, including payment of 
accrued interest and premium.

Citigroup Global Markets Inc. is serving as book-running manager for the offering. 

The Company has filed a preliminary prospectus supplement with the Securities and 
Exchange Commission in connection with the offering. This announcement is neither 
an offer to sell nor a solicitation of an offer to buy any securities and shall not 
constitute an offer, solicitation or sale in any jurisdiction in which such offer, 
solicitation or sale would be unlawful. 

The offering of the Notes is made only by means of a prospectus supplement and 
accompanying prospectus, copies of which may be obtained from Citigroup Global 
Markets Inc., Attn: Prospectus Department, Brooklyn Army Terminal, 140 58th Street, 
8th Floor, Brooklyn, New York, New York 11220, or by calling [phone].

About Unisys 
Unisys Corporation is a worldwide information technology company. Unisys provides a 
portfolio of IT services, software, and technology that solves critical problems 
for clients. Unisys specializes in helping clients secure their operations, 
increase the efficiency and utilization of their data centers, enhance support to 
their end users and constituents, and modernize their enterprise applications. To 
provide these services and solutions, the Company brings together offerings and 
capabilities in outsourcing services, systems integration and consulting services, 
infrastructure services, maintenance services, and high-end server technology. With 
approximately 22,500 employees, Unisys serves commercial organizations and 
government agencies throughout the world. 

Forward-Looking Statements
Any statements contained in this release that are not historical facts are forward-
looking statements as defined in the Private Securities Litigation Reform Act of 
1995. Forward-looking statements include, but are not limited to, any projections 
of earnings, revenues, or other financial items; any statements of the Company's 
plans, strategies or objectives for future operations; statements regarding future 
economic conditions or performance; and any statements of belief or expectation. 
All forward-looking statements rely on assumptions and are subject to various risks 
and uncertainties that could cause actual results to differ materially from 
expectations. There can be no assurance that the offering will be completed.  Risks 
and uncertainties that could affect the Company's future results include the 
Company's ability to drive profitable growth in consulting and systems integration; 
the Company's ability to take on, successfully implement and grow outsourcing 
operations; market demand for the Company's high-end enterprise servers and 
maintenance on those servers;  the potential adverse effects of aggressive 
competition in the information services and technology marketplace; the Company's 
ability to retain significant clients; the Company's ability to effectively 
anticipate and respond to volatility and rapid technological change in its 
industry; the adverse effects of global economic conditions, acts of war, terrorism 
or natural disasters; the Company's significant pension obligations and potential 
requirements to make significant cash contributions to its defined benefit pension 
plans; the success of the Company's program to reduce costs, focus its global 
resources and simplify its business structure; the risk that the Company's 
contracts may not be as profitable as expected or provide the expected level of 
revenues and that contracts with U.S. governmental agencies may subject it to 
audits, criminal penalties, sanctions and other expenses and fines; the risk that 
the Company may face damage to its reputation or legal liability if its clients are 
not satisfied with its services or products; the risk that breaches of data 
security could expose the Company to legal liability and could harm its business 
and reputation; the performance and capabilities of third parties with whom the 
Company has commercial relationships; the risks of doing business internationally 
when more than half of the Company's revenue is derived from international 
operations; the Company's ability to access capital and credit markets to address 
its liquidity needs; the potential for infringement claims to be asserted against 
the Company or its clients; the possibility that pending litigation could affect 
the Company's results of operations or cash flow; the business and financial risk 
in implementing future dispositions or acquisitions; and the Company's ability to 
use its U.S. federal net operating loss carryforwards and other tax attributes.  
Additional discussion of factors that could affect the Company's future results is 
contained in its periodic filings with the Securities and Exchange Commission. The 
Company assumes no obligation to update any forward-looking statements.

RELEASE NO.: 0816/9123

Unisys is a registered trademark of Unisys Corporation. Any other brands and 
products referenced herein are acknowledged to be trademarks or registered 
trademarks of their respective holders.

SOURCE  Unisys Corporation

CONTACT:  Investor Contact: Niels Christensen, [phone], 
[e-mail]; Media Contact: Jim Kerr, [phone], 
[e-mail]