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Thursday 20 December, 2007

Computer Sciences Corporation

CSC Signs US$192 Million IT Outsourcing Contrac...





EL SEGUNDO, California, December 20 /PRNewswire/ --

- New Agreement Expands Geographic Coverage

    Computer Sciences Corporation (NYSE: CSC) today announced that it has
signed a five-year, US$192 million information technology (IT) outsourcing
contract renewal with TrygVesta, the second-largest insurance company in the
Nordic region. The new agreement, which takes effect Jan. 1, 2008, expands
geographic coverage throughout the region.


    Under the terms of the contract, which supersedes the previous agreement
signed in 2003, CSC will continue to provide IT infrastructure services,
including help desk, mainframe, midrange, network, Web hosting, and print and
distributed computing. These services will support approximately 3,900 users
at TrygVesta locations in Denmark, Norway, Sweden and Finland.


    "We are pleased to extend and expand our existing relationship with CSC
in signing this new agreement to support our insurance activities across the
Nordic countries," said Peter Falkenham, chief operating officer of
TrygVesta. "It is important to TrygVesta's future business development that
we get a world-class level of IT support with geographical breath and depth
that matches our goals."


    "CSC is delighted to be expanding our relationship with TrygVesta," said
Nick Wilson, president of CSC's Northern European Operations. "This renewal
is testament to the benefits they have received from outsourcing. CSC's
expansion and growing expertise within the financial services industry will
deliver results that take TrygVesta to the next generation of outsourcing."



About TrygVesta

    TrygVesta is the second-largest general insurer in the Nordic region with
activities in Denmark, Norway, Finland and Sweden. TrygVesta is the largest
general insurer in Denmark and Norway's third-largest general insurer with
rapidly growing activities in Finland and Sweden since 2002 and 2006,
respectively.


    TrygVesta wants to be perceived as the leading peace-of-mind provider of
the Nordic region. TrygVesta aims to prevent concerns from overshadowing our
customers' lives. Throughout 2007, our more than 3,900 employees and our
insurance products interacted to provide peace of mind on a daily basis to
more than 2 million private customers and more than 100,000 businesses in the
Nordic region. TrygVesta sells the majority of its products through our own
distribution channels and in addition has a strong strategic partnership with
Nordea, one of the largest financial services providers in the Nordic region.
For more information, visit the company's Web site at
http://www.trygvesta.com.



About CSC

    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 87,000 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 US$14.9 billion for the 12 months ended
March 30, 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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