Press release from Business Wire
CSC and Transport for London Extend Outsourcing Agreement Valued at $33 Million
Tuesday, April 03, 2012
CSC and Transport for London Extend Outsourcing Agreement Valued at $33 Million08:30 EDT Tuesday, April 03, 2012
FALLS CHURCH, Va. (Business Wire) -- CSC (NYSE: CSC) announced today that it has signed a new information
technology (IT) outsourcing agreement valued at $33 million with
Transport for London (TFL), extending the existing contract by
twenty-seven months. The contract extension was signed during CSC's
fiscal 2012 third quarter.
Under the extended agreement, CSC will continue to manage a range of IT
services for TFL, including service desk, desktop support and the
delivery of real-time customer information at a number of London
underground stations.
Liz Benison, CSC UK president, said, “We are delighted to be extending
our relationship with TFL and working hand in hand with them as they
implement a new IT agenda to support their critical business systems and
services. Levering our skills and expertise, we will be providing
technology-enabled solutions to support them through the transformation.”
CSC provides IT services for travel and transportation companies across
the world, including developing cutting-edge technology for
sophisticated transportation systems in Europe. CSC has 28 clients in
the rail industry across Europe, including Network Rail, Thalys, Veolia
Transport, SNCF and Rail Cargo Austria.
About CSC
CSC is a global leader in providing technology-enabled business
solutions and services. Headquartered in Falls Church, Va., CSC has
approximately 98,000 employees and reported revenue of $16.0 billion for
the 12 months ended December 30, 2011. For more information, visit the
company's website at www.csc.com.
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CSCChris GrandisMedia Relations DirectorCSC Corporate703-641-2316cgrandis@csc.comorBryan
BradyVice President, Investor RelationsCSC Corporate703-641-3000investorrelations@csc.com
