Unisys Corporation (NYSE:UIS) today announced that its Belgian
subsidiary, as part of the b-Trust consortium, has been awarded a
framework contract by the European Commission. The consortium will
provide managed services to the Commission.
Other members of the b-Trust consortium include Bull SAS and Tata
Consulting Services Luxembourg SA. The base period of the framework
contract is four years with the option to extend it three times, for a
one-year period each time. The European Commission has published that
its orders to the consortium under the framework contract may reach a
maximum of 91 EUR Million (approximately US $125 million) over the total
duration of the framework contract.
Unisys and the other consortium members will provide a range of services
such as applications monitoring for the mission-critical information
systems hosted by Directorate- General Informatics and used by the
European Commission’s Directorate Generals. Services also include
applications and underlying software management and support as well as
service desk and monitoring services.
The consortium has set up an innovative delivery model customized to
meet the needs of the Commission. The services are foreseen to be mainly
deployed in Luxembourg.
"Unisys has a solid track record in providing application modernization
and services; it is a core strength of our global business,” said
Dimitri Angelou, Practice Partner EU practice, Unisys Belgium. "This,
combined with our understanding of the Commission's needs and
challenges, puts Unisys in position to contribute to the hosting of
Commission's information systems.”
Unisys has more than 30 years of experience in providing application
modernization and outsourcing engagements supporting mission critical
systems for governments, financial institutions, airlines and other
commercial industries around the world.
Forward-looking Statement
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. In
particular, the total value of the contract is based on an estimate of
values to be paid to all members of the consortium, and Unisys will
receive only a portion of that value, based on the services it performs.
In addition, the stated value of the contract assumes that the
Commission will continue the contract for the initial four year term of
the agreement and exercise the contractual option for three additional
years, which is entirely within their discretion. Because the agreement
can be terminated before the end of its term, neither the estimated
value of the contract nor Unisys share of that value is guaranteed.
Additional discussion of factors that could affect Unisys future results
is contained in periodic filings with the Securities and Exchange
Commission.
About Unisys
Unisys is a worldwide information technology company. We provide a
portfolio of IT services, software, and technology that solves critical
problems for clients. We specialize 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, we bring together offerings and capabilities in outsourcing
services, systems integration and consulting services, infrastructure
services, maintenance services, and high-end server technology. With
more than 26,000 employees, Unisys serves commercial organizations and
government agencies throughout the world. For more information, visit www.unisys.com.
RELEASE NO.: 0803/9012
Unisys is a registered trademark of Unisys Corporation. All other brands
and products referenced herein are acknowledged to be trademarks or
registered trademarks of their respective holders.
