Issue of Debt

Unisys Corp
17 December 2001



Media Contact:     Jay Grossman, Unisys, 215-986-6948
                   [e-mail]

Investor Contact:  Jim Kerr, Unisys, 215-986-5795
                   [e-mail] 


 
Unisys Offers $150 Million of 7 1/4% Senior Notes 


BLUE BELL, PA, December 17, 2001 -- Unisys Corporation (NYSE: UIS) said today 
that it has offered $150 million of 7 1/4% senior notes due 2005. The notes were
offered to the public at 97.981% to yield 8.0%. The company plans to use the 
proceeds for general corporate purposes. Salomon Smith Barney, Inc., and Banc of
America Securities LLC are joint lead managers of the offering. 


This press release does not constitute an offer to sell or a solicitation of an 
offer to buy the notes, nor shall there be any sale of the notes in any state or
jurisdiction in which such an offer, solicitation or sale would be unlawful 
prior to registration or qualification under the securities laws of any such 
jurisdiction. This offering may be made only by the means of a prospectus and 
the related prospectus supplement, copies of which may be obtained from Salomon 
Smith Barney, Inc., 388 Greenwich Street, New York, NY 10013, Attention: 
Prospectus Department. 

 
About Unisys

Unisys is an e-business solutions company whose employees help customers in 100 
countries apply information technology to seize opportunities and overcome 
challenges of the Internet economy. Unisys people integrate and deliver the 
solutions, services, platforms and network infrastructure required by business 
and government to transform their organizations for success in this new era. The
company offers a rich portfolio of Unisys e-@ction Solutions for e-business 
based on its expertise in vertical industry solutions, network services, 
outsourcing, systems integration and multivendor support, coupled with 
enterprise-class server and related technologies. The primary vertical markets 
Unisys serves worldwide include financial services, transportation, 
communications, publishing and commercial sectors, as well as the public sector 
including federal government customers. Unisys is headquartered in Blue Bell, 
Pennsylvania, in the Greater Philadelphia area. For more information on the 
company, access the Unisys home page on the World Wide Web at www.unisys.com. 
Investor information can be found at www.unisys.com/investor. 


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. 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. The factors that could affect the company's
future financial results are discussed more fully in the company's latest Form 
10-Q as filed with the Securities and Exchange Commission. 

 

RELEASE NO.: 1201/8089 
http://www.unisys.com/news/releases/2001/dec/12178089.asp

Unisys and e-@ction are registered trademarks of Unisys Corporation. All other 
brands and products referenced herein are acknowledged to be trademarks or 
registered trademarks of their respective holders.