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Wednesday 30 April, 2008

Computer Sciences Corporation

CSC and Zurich Financial Services Group Sign US...





FALLS CHURCH, Virginia, April 30 /PRNewswire/ --

- Contract Expands Companies' Global Relationship

    Computer Sciences Corporation (NYSE: CSC) today announced that it has
signed an information technology (IT) desktop services outsourcing contract
expanding the scope of services CSC provides to Zurich Financial Services
Group (Zurich), a world-leading, insurance-based financial services provider.
The new agreement has a six-year base period at an estimated value of US$399
million with a two-year extension option.


    Under the contract, CSC will assume responsibility for the provision of
Zurich's electronic Workplace (eWP) desktop services to its businesses in the
United States, Canada, the United Kingdom, Switzerland, Germany, Italy and
Spain. The scope includes global service desk, local on-site support, and
software packaging and distribution to approximately 51,000 users. The eWP
service will provide Zurich with the cost and performance benefits of a
globally standardised desktop service environment while allowing
organizations within Zurich to tailor services specifically to their business
needs and locations.


    "We are pleased to announce this expansion of our relationship with
Zurich," said CSC Chairman, President and Chief Executive Officer Michael W.
Laphen. "CSC's global expertise in desktop computing services will provide
Zurich's businesses with access to innovative technology and services and
bring new levels of efficiency in support of Zurich's global IT strategy."


    Michael Paravicini, Chief Information Technology Officer at Zurich
Financial Services Group, said, "CSC already provides support for the
development and maintenance of our application software, and our expanded
relationship will allow us to provide a more integrated holistic solution for
both our eWP and application support needs."


    CSC's relationship with Zurich began in July 2004 when they signed a
landmark seven-year global IT applications outsourcing contract. Through the
agreement, CSC provides all applications development and support services to
Zurich's businesses in the United States, the United Kingdom, Switzerland and
Germany.



About Zurich

    Zurich Financial Services Group (Zurich) is an insurance-based financial
services provider with a global network of subsidiaries and offices in North
America and Europe as well as in Asia Pacific, Latin America and other
markets. Founded in 1872, the Group is headquartered in Zurich, Switzerland.
It employs approximately 60,000 people serving customers in more than 170
countries.



About CSC

    Computer Sciences Corporation 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 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. CSC reported revenue of
US$16.1 billion for the 12 months ended Dec. 28, 2007. For more information, 
visit the company's Web site at http://www.csc.com.



Web site: http://www.csc.com

                                                                                                                                                                                                                                              

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