| 2008-02-28 | Contract/Agreements | Affiliated Computer Services, Inc. has been awarded a renewed contract by Northrop Grumman Information Technology to provide electronic benefit transfer (EBT) services to the Department of Human Services for the State of Illinois. The five year contract has a value of $36 million to ACS, and was reflected in ACS' second quarter fiscal year 2008 renewals.
As a sub contractor to Northrop Grumman, ACS provides retail management and software support services for the state's Illinois Link program, which enables food stamp and cash assistance recipients to receive benefits electronically through the use of a LINK debit card at a retail store. ACS has served the state since 2001.
"Being able to access benefits electronically means more convenience and security for recipients, and cost savings for the taxpayer," said Carol L. Adams, Ph.D., Secretary of the Illinois Department of Human Services. "Using the LINK card rather than presenting food stamp coupons also helps reduce the embarrassment some recipients may feel when accessing the benefits to which they are entitled."
Under the contract, ACS will provide a web site for cardholders to view transactions online, enhancements to the Interactive Voice Response System, and mailing for card replacement requests.
"ACS utilizes technology and our subject matter expertise to provide the innovation our government clients need," said Ann Kieffaber, ACS managing director, State and Local Solutions. "Working together with Northrop Grumman, we're able to help the Department of Human Services focus on serving the citizens of Illinois."
ACS annually processes $1.6 billion in LINK card transaction settlements to more than 7,000 retailers. Additionally, ACS produces and distributes more than 600,000 LINK cards annually. Illinois was one of the first states to benefit from the use of EPPIC, an ACS owned, flexible, web interface system that allows the state and ACS to easily make system enhancements.
ACS, a global FORTUNE 500 company with 62,000 people supporting client operations reaching more than 100 countries, provides business process outsourcing and information technology solutions to world class commercial and government clients. The company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS." Learn more about ACS on the Internet at http://www.acs inc.com.
The statements in this news release that do not directly relate to historical facts constitute "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company's control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward looking statements. Factors could cause actual results to differ materially from such forward looking statements. For a description of these factors, see the Company's prior filings with the Securities and Exchange Commission, including our most recent filing. ACS disclaims any intention or obligation to revise any forward looking statements, whether as a result of new information, future event, or otherwise. s.server=server() s.channel="news release" s.pageName="news_release_northrop grumman awards acs renewed electronic benefits transfer contract for the state of illinois" s.prop2="109" s.prop3="02 28 2008" /************* DO NOT ALTER ANYTHING BELOW THIS LINE ! **************/ var s_code=s.t();if(s_code)document.write(s_code); // |
| 2008-02-22 | Merger/Acquisition | Affiliated Computer Services, Inc. today announced that it has acquired Bowers & Associates, Inc., a Wisconsin based provider of quality care and productivity management services and healthcare data analytics, for $8 million, plus contingent payments based on future financial performance.
The acquisition strengthens ACS' Informed Health offerings by adding Bowers' expertise in healthcare management and state of the art informatics. These capabilities provide health management services that improve the health and productivity of patients. ACS' Informed Health solutions provide physicians, pharmacists, payers, and patients with access to clinical and claims information from a wide variety of previously unconnected sources, to enable them to make smarter decisions about healthcare treatment.
"ACS is already a leading provider in the emerging health information exchange market. Bowers will broaden the capabilities of our government healthcare business to include the delivery of best in class, accredited care management services for high risk beneficiaries," said Christopher T. Deelsnyder, ACS senior vice president and managing director, Government Healthcare Solutions. "ACS clients will benefit from our enhanced ability to help them provide the highest quality of care."
Bowers' suite of modeling, profiling, reporting and health risk prediction tools is considered among the most innovative in the industry. Bowers is one of only a handful of companies that holds Utilization Review Accreditation Commission (URAC) accreditations for utilization management, case management, disease management, and worker's compensation case management. URAC is an independent, nonprofit organization that is considered a leader in promoting health care quality through its accreditation and certification programs.
"Leveraging ACS' platform will allow us to pursue large scale implementations and provide deeper value to our customers," said Tim Bowers, chief executive officer of Bowers & Associates. "The combination of these two skills brings to the healthcare market a unique, flexible offering that can be tailored to meet the client's specific health management needs."
Bowers' trailing twelve months revenue was approximately $6 million, and the acquisition will be funded with cash on hand. Bowers currently provides care management services and analytic tools to government and commercial organizations whose employees are covered beneficiaries of health insurance plans. Bowers manages care for approximately 225,000 plan members. All of Bowers' employees will transition to ACS. |
| 2008-02-21 | Contract/Agreements | Affiliated Computer Services, Inc. announced today that it has been named to HRO Today magazine's "Baker's Dozen" list of top providers of learning and development services within the human resource outsourcing (HRO) industry. ACS provided learning and development services to more than 3 million client employees in 2007. It is the third year in a row the company has been named to the magazine's list.
ACS was chosen from an initial field of more than two dozen training and development providers that integrate learning with talent management to support broader human capital and operations strategies. Recipients were asked to supply key data and facts about the services they offered, including their largest clients, annual revenues for training and development services, and, most importantly, how many outside employees the company trained in 2007. Some of those ranked are purely learning providers, while others, including ACS, offer end to end learning process outsourcing (LPO) services in concert with a full range of HRO solutions.
"We are honored to be included in the Baker's Dozen for the third consecutive year," said Ann Vezina, group president of ACS Commercial Solutions. "It speaks highly of our ability to provide flexible, reliable learning and talent management services to our clients and strengthens our position as leaders and innovators in the HRO sector.
"The fact that we're included on this list, and that we and one of our clients Toyota Financial Services are featured in the cover story of this month's HRO Today, draws attention to the depth and breadth of our HRO and LPO capabilities and to the quality of our people who work hard on behalf of our many clients," Vezina said.
ACS provides a broad range of HRO and learning outsourcing services that help its diverse, global clients execute business strategies, drive performance, increase proficiency, and achieve growth. Through its LPO service, ACS supports approximately 3 million people in 20 languages in more than 80 countries. The global LPO market is estimated to be $60 billion.
The company's LPO solutions leverage powerful processes and technologies to deliver services from global delivery centers in the Americas, Europe, and Asia Pacific. ACS' learning outsourcing services span the entire learning life cycle from talent management and learning strategy to curriculum design and development, including a world class hosted learning management system and related managed administration, learner care, and support services. For more information about the company's training and development capabilities, visit http://www.acs inc.com/learning.
ACS, a global FORTUNE 500 company with 62,000 people supporting client operations reaching more than 100 countries, provides business process outsourcing and information technology solutions to world class commercial and government clients. The company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS." Learn more about ACS at http://www.acs inc.com. s.server=server() s.channel="news release" s.pageName="news_release_acs named top learning provider by hro today" s.prop2="109" s.prop3="02 21 2008" /************* DO NOT ALTER ANYTHING BELOW THIS LINE ! **************/ var s_code=s.t();if(s_code)document.write(s_code); // |
| 2008-02-14 | Merger/Acquisition | Affiliated Computer Services, Inc. today announced an agreement to acquire sds business services GmbH, a Germany based provider of data center, infrastructure services, and application related solutions from Waterland Private Equity Investments (Waterland). The acquisition is expected to close in March 2008 following regulatory approval. ACS will pay approximately $67 million (euro 46 million), including the assumption of liabilities, to purchase sds. The transaction will be funded with a combination of existing cash on hand and borrowings under ACS' existing credit facility.
The addition of sds strengthens ACS' global information technology outsourcing (ITO) presence by providing IT operations and capabilities in Germany. The acquisition continues to strengthen the company's position as a leading provider of responsive, reliable, and flexible ITO services and solutions to the world market.
"This acquisition demonstrates ACS' commitment to growing our business in continental Europe while improving our ability to compete where multi national capabilities are essential for success," said Derrell James, ACS senior managing director of IT Outsourcing. "With facilities and infrastructure in place in Mulheim an der Ruhr and a reputable list of clients, sds strengthens our global delivery model, enabling us to provide our European and international clients with multi scope IT services on a global scale."
The European ITO market is approximately a euro 70 billion industry with an estimated compound annual growth rate of about 7 percent over the next two years. ACS recently completed the acquisition of Syan Holdings Limited, a U.K. based provider of ITO services and one of the United Kingdom's largest IBM Business Partners, for approximately $60 million (pounds Sterling 30.5 million).
Founded in 1969, sds specializes in fully outsourced data center and infrastructure services, including application hosting and maintenance, system design and integration, IT consulting, and IT lifecycle management. Additionally, it has broad expertise in SAP consulting and integration services, as well as customized software development. Over time, ACS will integrate its full suite of ITO service offerings into the sds portfolio for delivery to its global clientele.
Waterland acquired sds in 2005 from Stinnes AG and turned the company into an independent provider of IT services. "After the successful transformation from a former Stinnes Group IT provider to an independent player, proactively marketing its services to new customers, the joining of forces between sds and ACS will offer the company new opportunities," said Joerg Dreisow, principal of Waterland.
"The combination of sds and ACS strengthens our ability to pursue global and European business and emphasizes our commitment to developing efficient and innovative solutions that meet our clients' unique needs," said Albrecht Held, sds managing director and chief executive officer. "Our Germany based global clients will be backed by a FORTUNE 500 company with global delivery capabilities, and we will be able to deliver an expanded suite of ITO and BPO services to our global customers."
For the twelve month period ending December 31, 2007, sds had revenues of approximately $40 million. The business will continue to be managed by sds' existing executive team, adding approximately 160 employees to ACS in Europe. |
| 2008-02-13 | Contract/Agreements | Affiliated Computer Services, Inc. today announced an amended contract with Solano County, California, to establish and operate a 311 customer service center within the county. The 3.5 year contract has a value of $4 million.
The agreement leverages ACS' existing information technology (IT) services contract with the county and ACS' global call center expertise to implement a 311 customer service center to handle citizen requests for non emergency services. ACS will provide implementation services, including development of a knowledge database and service request workflow. ACS employees will manage and staff the customer service center.
The consolidated customer service center is a key component of the Solano County Board of Supervisors' goal to improve customer service. Along with processing citizen requests, the new center will track performance trends in the delivery of services, helping the county better understand and meet the evolving needs and expectations of citizens in the 21st century.
"Through this pilot program, the county will be able to move swiftly in the development of the customer service center, taking advantage of ACS' deep experience in this area," said Solano County Administrator Michael D. Johnson. "The county is partnering with a company that has a proven track record in Solano County and is well recognized for the quality of customer service provided by its service centers."
ACS currently operates more than 70 customer service centers globally in support of government and commercial clients, handling 750,000 calls daily. The centers employ 17,000 professionals.
The company has provided IT services to Solano County since 1989. Services provided support the county's infrastructure, including desktop, applications, and helpdesk environments. ACS and the county in 2006 signed a renewed contract with a length of up to seven years if all options are exercised.
"We're focused on expanding our successful relationship with Solano County," said Ann Kieffaber, ACS managing director, State and Local Solutions. "This partnership demonstrates that we work closely with our clients to identify and deliver innovative solutions that benefit the county's citizens."
ACS, a global FORTUNE 500 company with 62,000 people supporting client operations reaching more than 100 countries, provides business process outsourcing and information technology solutions to world class commercial and government clients. The company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS." Learn more about ACS at http://www.acs inc.com.
The statements in this news release that do not directly relate to historical facts constitute "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company's control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward looking statements. Factors could cause actual results to differ materially from such forward looking statements. For a description of these factors, see the Company's prior filings with the Securities and Exchange Commission, including our most recent filing. ACS disclaims any intention or obligation to revise any forward looking statements, whether as a result of new information, future event, or otherwise. s.server=server() s.channel="news release" s.pageName="news_release_acs announces innovative 311 customer care service with solano county, california" s.prop2="109" s.prop3="02 13 2008" /************* DO NOT ALTER ANYTHING BELOW THIS LINE ! **************/ var s_code=s.t();if(s_code)document.write(s_code); // |
| 2008-02-12 | Contract/Agreements | Affiliated Computer Services, Inc. (ACS) announced today that its healthcare provider unit ACS Healthcare Solutions has earned four no. 1 rankings in the 2007 Top 20 Best in KLAS Awards, issued by KLAS Enterprises, LLC.
The company was ranked no. 1 in the Financial Implementation Principal, Financial Implementation Supportive, Staff Augmentation, and Other Implementation Principal categories.
"ACS is honored by these prestigious rankings and thankful to our clients who have recognized our dedication to exceptional service," said Charles O. Bracken, managing director, ACS Healthcare Solutions. "This distinction validates our commitment to providing the responsive, reliable, and flexible service and solutions our clients need to solve their unique business problems, and it is rewarding to see the entire ACS team be nationally recognized for our collective hard work and dedication."
KLAS is an independent firm that helps healthcare providers make informed technology decisions by monitoring and measuring the delivery of information technology (IT) to healthcare organizations. Its annual report is a summary of performance data collected over the past 13 months from healthcare professionals and IT executives. It includes a ranking of the top vendors in several key areas of performance.
A "Best in KLAS" ranking means that healthcare providers rate ACS the highest when it comes to implementation and service for financial projects. ACS was also recognized as one of the firms in the Financial Implementation Principal category that have shown the most significant improvement since the 2006 Top 20 Best in KLAS Awards. Additionally, the company was ranked highly throughout the KLAS report, including in the healthcare information technology area, where ACS was among the top in seven categories more than any other firm.
ACS, a global FORTUNE 500 company with 62,000 people supporting client operations reaching more than 100 countries, provides business process outsourcing and information technology solutions to world class commercial and government clients. The company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS." Learn more about ACS at http://www.acs inc.com. s.server=server() s.channel="news release" s.pageName="news_release_acs is 'best in klas' for healthcare consulting services" s.prop2="109" s.prop3="02 12 2008" /************* DO NOT ALTER ANYTHING BELOW THIS LINE ! **************/ var s_code=s.t();if(s_code)document.write(s_code); // |
| 2008-01-31 | Earnings/Dividends | Company Delivers Strong Signings and Cash Flow
DALLAS, Jan. 31 /PRNewswire FirstCall/ Affiliated Computer Services, Inc., , today announced second quarter fiscal year 2008 revenues of $1.51 billion, an increase of 6% compared to the second quarter of the prior year. Second quarter fiscal year 2008 adjusted non GAAP diluted earnings per share was $0.90, an 11% increase over the prior year second quarter adjusted non GAAP diluted earnings per share of $0.81. See "Reconciliation of Reported GAAP Results to Adjusted Non GAAP Results" below. Second quarter fiscal year 2008 free cash flow was approximately $248 million, or 16% of revenues. Second quarter new business signings were approximately $205 million of annual recurring revenue, a 24% increase over the prior year second quarter new business signings.
Fiscal year to date revenues were approximately $3 billion, an increase of approximately 7% from the prior year period. Adjusted non GAAP earnings per share for the fiscal year to date period was $1.67, a 15% increase over the prior period adjusted non GAAP earnings per share. Year to date free cash flow was approximately $181 million, or 6% of revenues. Fiscal year to date new business signings were approximately $346 million of annual recurring revenue, a 16% increase over the prior year to date period new business signings.
"I am very pleased with our second quarter results. With the uncertainty of ownership behind us we were able to focus on selling more business, collecting our cash and growing earnings per share," said Lynn Blodgett, ACS President and Chief Executive Officer. "Our financial goal is to deliver consistent, good growth in revenue, signings and earnings. I feel we made very positive progress toward those goals this quarter. We need to continue improving our revenue growth rates and I am confident that our improved signings this quarter and in the future will be the main catalyst for accelerating our growth. We also demonstrated we can manage our collections and capital expenditures. I'm proud of the results our great team delivered this quarter."
Key highlights from ACS' fiscal year 2008 second quarter:
During the quarter, the Company generated new business signings of
approximately $205 million of annual recurring revenue with an
estimated total contract value of approximately $750 million. In
terms of annual recurring revenue, the Commercial segment signed
approximately 74% of second quarter new business signings and
approximately 26% were Government segment signings. Approximately
77% of second quarter new business signings were business process
outsourcing signings and approximately 23% were information
technology solutions signings.
Total revenues were $1.51 billion and represented 6% growth, of
which 5% was internal. The Commercial segment grew 6%, all of which
was internal growth. The Government segment grew 5% with 4%
internal revenue growth. The Commercial segment accounted for 60% of
revenues in the quarter and the Government segment accounted for the
remaining 40%.
Second quarter fiscal 2008 adjusted non GAAP diluted earnings per
share was $0.90, an 11% increase over the prior year second quarter
adjusted non GAAP diluted earnings per share of $0.81. Second
quarter fiscal year 2008 reported GAAP diluted earnings per share
was $0.81 as compared to $0.72 in the prior year second quarter.
See "Reconciliation of Reported GAAP Results to Adjusted Non GAAP
Results" below.
Cash flow from operations during the second quarter was
approximately $323 million, or 21% of revenues. Free cash flow
during the quarter was $248 million, or 16% of revenues. This
quarter's cash flow results benefited from improved collections on
accounts receivable. Capital expenditures and additions to
intangible assets were approximately $74 million, or 5% of revenues.
During the quarter, the Com |
| 2008-01-31 | Contract/Agreements | Affiliated Computer Services, Inc. today announced it will provide a contactless ticketing system to the city of Riga, Latvia, with the municipality's wholly owned transit operator, Rigas Satiksme. No financial details were disclosed for the 13 year contract.
ACS will design and implement a smart card based ticketing system using contactless cards and tickets for Rigas Satiksme's fleet of 460 buses, 322 trolleys, and 252 tramway cars. ACS and Rigas Satiksme will then operate the system under the city's oversight.
"The citizens of Riga will benefit from the most advanced ticketing system in Eastern Europe," said Leons Bemhens, chairman of Rigas Satiksme. "ACS' technology and business expertise will enable Riga to implement and operate a world class system."
The new contactless system replaces the current paper based ticketing system enabling Rigas Satiksme to issue tickets and cards, and share information throughout Riga's public transport network. Passengers will benefit from seamless travel and easy, convenient access to transportation.
"Our contactless technology is improving transport services around the world in terms of cost, reliability, security, and speed of transaction," said Eric Jean, ACS managing director of Fare Collection. "We're looking forward to working closely with Rigas Satiksme to provide a vital service in one of the most dynamic areas of Eastern Europe."
Riga joins other cities on four continents that benefit from ACS' contactless ticketing systems, including Paris, Lyon and Toulouse; Warsaw; Zurich; Houston; Montreal; and Melbourne. Major new contracts signed in 2007 for contactless ticketing systems included Jerusalem and Mexico City.
ACS is the industry leader in providing transportation services to governments worldwide. ACS' Transportation Solutions business helps government agencies in more than 30 countries address their challenges through revenue collection and regulation compliance services. Our industry leading solutions include electronic toll collection, public transport fare collection, parking fare collection, public safety photo enforcement, commercial vehicle credentialing, traffic and parking violation processing and collection, and port management services.
ACS, a global FORTUNE 500 company with 62,000 people supporting client operations reaching more than 100 countries, provides business process outsourcing and information technology solutions to world class commercial and government clients. The company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS." Learn more about ACS at http://www.acs inc.com.
The statements in this news release that do not directly relate to historical facts constitute "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company's control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward looking statements. Factors could cause actual results to differ materially from such forward looking statements. For a description of these factors, see the Company's prior filings with the Securities and Exchange Commission, including our most recent filing. ACS disclaims any intention or obligation to revise any forward looking statements, whether as a result of new information, future event, or otherwise. s.server=server() s.channel="news release" s.pageName="news_release_acs awarded contract to provide contactless ticketing system in riga, latvia" s.prop2="109" s.prop3="01 31 2008" /************* DO NOT ALTER ANYTHING BELOW THIS LINE ! **************/ var s_code=s.t();if(s_code)document.write(s_code); // |
| 2008-01-28 | Contract/Agreements | Affiliated Computer Services, Inc. today announced a renewed contract with Northampton County, Pa., to provide information technology (IT) services. The contract has a length of up to six years and a total value of $13 million if all options are exercised.
ACS has provided IT services to Northampton County since 1979. The company was awarded the renewed contract through a competitive bid process.
"ACS has a long standing track record of providing tremendous value to Northampton County," said John Stoffa, county executive. "ACS' extensive experience has helped the county keep up with technology and best practices, enabling us to consistently provide county residents with top quality, cost effective services."
The contract provides technology services including technology management and planning; help desk; application support and development; infrastructure and network engineering; training and administrative services; and support to the county nursing home.
"ACS leads the industry in meeting the unique technology needs of state and local governments nationwide," said Ann Kieffaber, ACS managing director, State and Local Solutions. "We're focused on helping Northampton County serve its citizens through the timely and efficient delivery of important services."
ACS, a global FORTUNE 500 company with 62,000 people supporting client operations reaching more than 100 countries, provides business process outsourcing and information technology solutions to world class commercial and government clients. The company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS." Learn more about ACS at http://www.acs inc.com.
The statements in this news release that do not directly relate to historical facts constitute "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company's control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward looking statements. Factors could cause actual results to differ materially from such forward looking statements. For a description of these factors, see the Company's prior filings with the Securities and Exchange Commission, including our most recent filing. ACS disclaims any intention or obligation to revise any forward looking statements, whether as a result of new information, future event, or otherwise. s.server=server() s.channel="news release" s.pageName="news_release_acs signs renewed technology services contract with northampton county, pa." s.prop2="109" s.prop3="01 28 2008" /************* DO NOT ALTER ANYTHING BELOW THIS LINE ! **************/ var s_code=s.t();if(s_code)document.write(s_code); // |
| 2008-01-23 | Real Estate Transactions | Affiliated Computer Services, Inc. (ACS) is expanding its global outsourcing capabilities with the grand opening of a new office and information technology center in Apodaca, Mexico, a suburb of Monterrey. The new facility complements the company's existing structure in Monterrey and reflects ACS' commitment to global growth, particularly in Mexico. The company has hired approximately 280 employees to staff the new location. At full capacity, the facility will employ 480 information technology professionals.
ACS has more than 4,600 employees in Mexico, performing client services from facilities in Monterrey, Mexico City, Juarez, and Hermosillo. The company's information communication and technology services complex in Monterrey is one of the largest in Mexico, supplying systems engineering, performance information, network services, technical helpdesk, enterprise command center, and data processing and management for several world class clients.
The addition of the new facility reinforces ACS' commitment to providing reliable, flexible, and innovative services and solutions from Mexico. The company currently supports a range of clients and industries from there, including healthcare, financial services, insurance, manufacturing, retail, transportation, pharmaceutical, and education.
Apodaca Mayor Raymundo Flores will welcome ACS' expansion in the Monterrey area at a special ribbon cutting ceremony on Wednesday, January 23, 2008. "We are extremely pleased to have a global business process and IT outsourcing leader expand its presence in Monterrey," he said. "ACS' growth and success showcase Monterrey and Mexico as an attractive location for global business. We are delighted that ACS continues to be an important part of our community, and we commend them for their commitment to their employees and to developing their business expertise here."
Mexico continues to play an important role in ACS' strategy to provide innovative global services, said Donny Cross, ACS senior vice president of IT Outsourcing.
"This expansion enhances our already broad capabilities and supplies additional capacity for our mature, follow the sun delivery model," said Cross. "It allows us to provide reliable, responsive services and business solutions to our clients around the world, enabling them to concentrate on their core competencies, improve their bottom line, and create more opportunities for us to grow together."
Paul Maya, IT director for ACS in Mexico, said, "ACS has a long term commitment and relationship with the people and community of Monterrey. We pride ourselves on being a business leader and on pioneering business growth here. We look forward to continuing to provide exemplary service to our clients, support for the people of Monterrey, and additional opportunities for our employees to develop and succeed."
ACS, a global FORTUNE 500 company with 62,000 people supporting client operations reaching more than 100 countries, provides business process outsourcing and information technology solutions to world class commercial and government clients. The company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS." Learn more about ACS at http://www.acs inc.com. s.server=server() s.channel="news release" s.pageName="news_release_acs strengthens global presence with opening of new it facility in monterrey, mexico" s.prop2="109" s.prop3="01 23 2008" /************* DO NOT ALTER ANYTHING BELOW THIS LINE ! **************/ var s_code=s.t();if(s_code)document.write(s_code); // |
| 2008-01-17 | Contract/Agreements | Affiliated Computer Services, Inc. today announced the Tennessee Bureau of TennCare's intent to award a new contract for the TennCare Management Information System (TCMIS). The proposed contract has a length of five years and an evaluated total value of $156 million, and must be negotiated and executed prior to ACS commencing operations.
The proposed contract calls for ACS to assume responsibility for the current TCMIS used by the state for the management of its Medicaid program. In addition to the takeover, ACS will be responsible for data management, as well as ongoing systems modifications and day to day operations. ACS currently supports Medicaid programs in 13 states and the District of Columbia, in addition to the proposed contract with Tennessee.
ACS will also assess current TennCare business processes and collaboratively work with TennCare in making business process improvement recommendations. Additionally, ACS will be performing multiple enhancement projects, including the development of an enterprise Project Management Office and several other projects that will enable TennCare to leverage technology in the most effective manner.
"Tennessee has been a leader in Medicaid Managed Care and is looking to ACS' expertise and innovation to continue to advance their program and keep TennCare as one of the premier Medicaid programs in the country," said Christopher T. Deelsnyder, ACS senior vice president and managing director, Government Healthcare Solutions. "In taking over the system, we are committed to our client's success and to building the enhancements that will benefit all Tennesseans enrolled in the TennCare program."
TennCare is Tennessee's managed care Medicaid program, serving 1.2 million Tennesseans through a network of contracted, managed care companies. The core of its population consists of Medicaid eligible people, most of whom are low income children and families, pregnant women, disabled people, women needing treatment for breast or cervical cancer, or persons requiring care in a nursing facility.
"Using Tennessee's competitive bid process to help ensure TennCare vendors bring added value at competitive prices to our state is a cornerstone of our program's operational success," said Darin Gordon, deputy commissioner, Bureau of TennCare. "TennCare looks forward to working with ACS as they assume their contracted responsibilities for an integral part of our day to day operations."
ACS is partnering with Zycron, a Nashville based minority owned information technology staffing and outsourcing company. "Zycron is excited to partner with ACS in supporting the state in meeting TennCare objectives," said Zycron Chief Executive Officer Darrell Freeman. "Zycron's strong presence in the IT industry coupled with ACS' international profile is the ideal solution for the state of Tennessee."
ACS is a national leader in state healthcare program administration, offering a full spectrum of systems and complementary services through an integrated solution. From care management solutions and child health programs to pharmacy benefits management and traditional Medicaid fiscal agent services, ACS has a proven track record and extensive program management expertise. ACS is also a pioneer in fraud and abuse protection and other cost containment methodologies, and is known for its collaborative approach to client relationships that produce results over the long term. ACS supports more than 23 million program recipients and processes nearly 550 million Medicaid healthcare claims annually, representing close to $50 billion in provider payments. As the nation's largest government program pharmacy benefits administrator, ACS serves 28 states, the District of Columbia, and the Department of Labor with drug expenditures totaling more than $13 billion.
ACS, a global FORTUNE 500 company with 62,000 people supporting client operations reaching more than 100 countries, provides business process outs |
| 2008-01-17 | Alliances | Affiliated Computer Services, Inc. announced today that it has been awarded a seven-year, $130 million contract to provide information technology outsourcing (ITO) services for Allergan, Inc. , a premier, global multi-specialty healthcare company.
Under the terms of the contract, ACS will supply comprehensive infrastructure services, including data center operations, network monitoring and management, and end-user support services. The ACS-designed solution will provide the scale necessary to meet Allergan's growth, as well as access to new technology to support its unique industry needs.
"This key relationship further expands our presence in the pharmaceutical industry and allows us to develop and strengthen our industry-specific competencies," said Ann Vezina, group president of ACS Commercial Solutions. "Our partnership will enable Allergan to focus on its global core business operations as the company grows and help meet Allergan's need for advanced technological capabilities."
Along with comprehensive ITO services, ACS will implement an innovative platform that utilizes a network connection to store important data online, provide additional data security, and more reliably restore backup data. The solution replicates backup data directly to the disaster recovery site, thereby reducing business recovery time and incidence of data loss by eliminating off-site data handling.
Sue-Jean Lin, Allergan's Chief Information Officer, said, "With our many innovative products, we operate in a wide range of global, high-growth markets. We needed a strategic partner who could not only support our market-leading positions, but help us meet the challenges of continued expansion. ACS has the technology and expertise to meet our growth needs, and their dedication to quality service makes them a strong cultural fit as well."
Founded in 1950, Allergan, Inc., with headquarters in Irvine, California, is a multi-specialty health care company that discovers, develops and commercializes innovative pharmaceuticals, biologics and medical devices that enable people to live life to its greatest potential -- to see more clearly, move more freely, express themselves more fully. The Company employs more than 7,500 people worldwide and operates state-of-the-art R&D facilities and world-class manufacturing plants. In addition to its discovery-to-development research organization, Allergan has global marketing and sales capabilities with a presence in more than 100 countries. |
| 2008-01-10 | Merger/Acquisition | Affiliated Computer Services, Inc. today announced that it has acquired Syan Holdings Limited, a U.K. based provider of information technology outsourcing (ITO) services and one of the United Kingdom's largest IBM Business Partners, for approximately $60 million (30.5 million pounds Sterling). Syan's trailing twelve months revenue was approximately $75 million. The transaction will be funded entirely with existing cash on hand.
The acquisition strengthens ACS' global ITO presence by adding a solid base of U.K. operations, including two data centers, and expanding its reach into the United Kingdom. It also enhances the company's position as a leading provider of IT solutions to global FORTUNE 1000 clients.
"This acquisition strengthens ACS' end to end IT services. Syan's data center facilities in the United Kingdom, combined with their exceptional subject matter expertise, will enable ACS to provide clients with multi scope IT services on a global scale," said Derrell James, ACS senior managing director of IT Outsourcing. "Syan's clients will be backed by a FORTUNE 500 company that offers a global delivery model, and ACS will be able to leverage an impressive suite of ITO services for our global clients who have operations in the United Kingdom and Europe."
Syan's expertise is the delivery and support of managed services and technology solutions involving IBM mid range and Intel servers. Client services include server hosting and management, applications management, desktop management, high availability solutions, and help desk operations.
"The acquisition of Syan by ACS represents a shared commitment to providing leading edge technology, innovation, and solution expertise for our clients around the globe. It increases the breadth and depth of our IT capabilities and enables us to offer the robust services our clients need," said George Djuric, Syan managing director. "With our combined leadership talents, we have strengthened our ability to deliver proven IT services to clients in the United Kingdom and around the globe."
The business, which will be rebranded ACS Syan, will continue to be run by Syan's existing management team. |
| 2008-01-08 | Contract/Agreements | Affiliated Computer Services, Inc. today announced that it has been awarded the E ZPass New York Customer Service Center contract with the MTA Bridges and Tunnels, the New York State Thruway Authority, and the Port Authority of New York and New Jersey. ACS was the incumbent vendor in this procurement.
The new 10 year contract allows for one additional three year option to be exercised for a total contract length of 13 years. The contract value for the base 10 year contract is more than $500 million.
ACS has been the E ZPass customer service provider to the New York State Thruway Authority since 1993, the Metropolitan Transportation Authority since 1995, and the Port Authority since 1997.
"ACS appreciates our valued agency clients for once again selecting us through the competitive bid process," said Michael Huerta, ACS managing director for Transportation Solutions. "We look forward to many more years of serving the people of New York with E ZPass."
For the E ZPass New York program, ACS operates eight walk in customer service centers across the state, a call center in Spring Valley, N.Y., and a call center and main processing center in Staten Island, N.Y. ACS services more than 3.2 million E ZPass New York account holders and has issued more than 9.7 million transponders. The customer service center processes more than 450 million electronic toll and non toll transactions per year, as well as handling over 5 million customer phone calls and 840,000 walk in center customers annually.
The E ZPass New York call center was recently recertified as a Center of Excellence by BenchmarkPortal researchers from Purdue University. In granting the certification, Dr. Jon Anton, Founder of Purdue University's Center for Customer Driven Quality, said that "ACS managers successfully focused their organization of people, processes, and technology to achieve the superior performance levels that we require."
"The certification places the E ZPass New York Customer Service Center among the top 10 percent of call centers evaluated," said Huerta. "This is a testament to the integrity and reliability of the employees and managers of the service center, and we are honored by this distinction."
ACS is the nation's leader in electronic toll collection, handling more than 50 percent of the nation's electronic toll transactions and supporting more than 10 million customers annually.
ACS, a global FORTUNE 500 company with 62,000 people supporting client operations reaching more than 100 countries, provides business process outsourcing and information technology solutions to world class commercial and government clients. The company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS." Learn more about ACS at http://www.acs inc.com.
The statements in this news release that do not directly relate to historical facts constitute "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company's control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward looking statements. Factors could cause actual results to differ materially from such forward looking statements. For a description of these factors, see the Company's prior filings with the Securities and Exchange Commission, including our most recent filing. ACS disclaims any intention or obligation to revise any forward looking statements, whether as a result of new information, future event, or otherwise. s.server=server() s.channel="news release" s.pageName="news_release_acs awarded ten year e zpass new york contract" s.prop2="109" s.prop3="01 08 2008" /************* DO NOT ALTER ANYTHING BELOW THIS LINE ! **************/ var s_code=s.t();if(s_code)document.write(s_code); // |
| 2007-12-13 | Contract/Agreements | Affiliated Computer Services, Inc. today announced that it will install and maintain an additional 24 fixed speed enforcement cameras in Montgomery County, Maryland, as part of an amended and expanded contract. The estimated value of the contract is $19 million if all renewal options are exercised.
A national leader in public safety solutions, ACS currently provides Montgomery County with six mobile speed enforcement units, as well as turnkey violation processing and customer services. The expanded contract brings the total number of speed enforcement units ACS provides to the county to 30 units. The contract amendment and expansion was reflected in ACS' first quarter fiscal year 2008 results.
"Montgomery County is pleased to have an experienced partner like ACS to help us meet the demands of increasing traffic and the public safety issues that result," said Maurice Nelson, director, Automated Traffic Enforcement Unit, Montgomery County Department of Police. "Through the use of red light and speed enforcement cameras, we are making Montgomery County a safer place to live and work."
Under the contract, ACS processes violations; generates and mails notices; schedules adjudication and appeals appointments; provides document imaging and correspondence management; provides walk in customer service; maintains camera equipment; and provides pay by web, pay by phone, and integrated voice response systems.
"Public safety cameras have proven to reduce death and injury time and again," said Norman Dong, ACS vice president, Transportation Solutions. "We applaud Montgomery County for its concern for its citizens and its use of technology to make them safer."
In addition to Montgomery County, ACS has photo enforcement contracts in Atlanta, Baltimore, Cleveland, Dallas, Denver, Providence, San Francisco, and the State of Illinois.
ACS, a global FORTUNE 500 company with 62,000 people supporting client operations reaching more than 100 countries, provides business process outsourcing and information technology solutions to world class commercial and government clients. The company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS." ACS makes technology work. Visit ACS on the Internet at http://www.acs inc.com.
The statements in this news release that do not directly relate to historical facts constitute "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company's control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward looking statements. Factors could cause actual results to differ materially from such forward looking statements. For a description of these factors, see the Company's prior filings with the Securities and Exchange Commission, including our most recent filing. ACS disclaims any intention or obligation to revise any forward looking statements, whether as a result of new information, future event, or otherwise. s.server=server() s.channel="news release" s.pageName="news_release_acs expands speed enforcement camera contract with montgomery county, maryland" s.prop2="109" s.prop3="12 13 2007" /************* DO NOT ALTER ANYTHING BELOW THIS LINE ! **************/ var s_code=s.t();if(s_code)document.write(s_code); // |