CSC Signs IT Application Services Contract with Banca Intesa

Agreement Helps Accelerate CSC's Growth in the Italian Applications Services Market

EL SEGUNDO, California, November 2 /PRNewswire/ -- Computer Sciences Corporation (NYSE: CSC) announced today that it has signed an information technology (IT) services agreement with Banca Intesa, the largest banking group in Italy.

Under the terms of the agreement, CSC will be the preferred applications provider for Banca Intesa, supplying systems design and integration, architecture, application development and management support of both custom and packaged software.

"We are delighted to work with CSC and realize the benefits of their global best practices and capabilities to support our needs as the leading group in the Italian financial services industry," said Massimo Del Vecchio, Application Systems Manager of Banca Intesa IS Direction. "This agreement will ensure our operational success in support of our customers, improve our cost/performance ratio and significantly benefit the business."

"Banca Intesa's selection of CSC underscores our leadership in global application management and services, as well as our wealth of experience in the global financial services industry," said Guy Hains, president of CSC's European Group. "We look forward to applying our expertise and resources to deliver significant results in support of Banca Intesa's business goals."

CSC will provide all the services from its network of World Sourcing delivery centers in Milan, Italy, as well as others around the world.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development