COMPUTER ASSOCIATES ANNOUNCES MAJOR BUSINESS VENTURE IN SOUTH AFRICA; Partners With Leading Information Technology Firm To Market CA Software In Southern African and Sub-Saharan Regions.Computer Associates International, Inc. announced a major investment in a new business venture in South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. . Conducting business under the banner "Computer Associates Africa," the venture is jointly owned and managed by CA and Dimension Data Holdings Limited, a leading South African technology company. Computer Associates Africa will be headquartered in Johannesburg, with major branch offices in Durban and Cape Town Cape Town or Capetown, city (1991 pop. 854,616), legislative capital of South Africa and capital of Western Cape, a port on the Atlantic Ocean. It was the capital of Cape Province before that province's subdivision in 1994. . CA Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Charles B. Wang announced the new venture during a keynote address keynote address n. An opening address, as at a political convention, that outlines the issues to be considered. Also called keynote speech. Noun 1. today to top information technology executives at the Networkers '95 Conference in Victoria Falls, Zimbabwe For the article about the waterfalls, see Victoria Falls Victoria Falls is a town in the province of Matabeleland North, Zimbabwe. It lies on the southern bank of the Zambezi River at the eastern end of the Victoria Falls themselves. --the first international technology conference conducted in Southern Africa
All of CA's client/server, midrange and mainframe software, including its recently acquired Legent Corporation line of products, will be marketed and serviced by the newly formed company throughout the Southern African and sub-Saharan regions, which are experiencing explosive economic and information technology growth. CA software is already established in the region under Compusons (Pty.) Limited, which over the past decade operated as a wholly-owned subsidiary of Dimension Data. Now, all CA software will be marketed under the Computer Associates Africa banner. "Our major investment in Africa reflects our continued and expanded commitment to growing international software markets," said Wang. "South Africa's impressive economic turnaround is fueling fast growth in client/server computing throughout the region, and CA is fully prepared to meet client demand." South Africa's economic resurgence has made it the 20th largest IT market worldwide, with technology spending for 1995 estimated at $3.5 billion (U.S.). Computer Associates Africa will be directly and closely supported by CA's worldwide financial, business and technological resources. CA expects clients to greatly benefit from increased local support capabilities, including active participation in conferences for IT managers and chief executive officers. "The African market is rebuilding its technology infrastructure," said Jeremy Ord, group chairman of Dimension Data. "CA's major investment in this fast-growing market will allow our combined efforts to provide the highest level and quality of local support and unique services to clients throughout the sub-continent." Computer Associates International, Inc. (NYSE NYSE See: New York Stock Exchange : CA), with headquarters in Islandia, N.Y., is the world leader in mission-critical business software. The company develops, licenses and supports more than 500 integrated products that include systems and database management, application development, manufacturing and financial applications. CA has 9,000 people in 130 offices in 36 countries and had revenue of $2.6 billion in its 1995 fiscal year. CA can be reached by visiting its homepage on the worldwide web (http://www.cai.com). Dimension Data was founded in 1983 and is South Africa's most dynamic networking company. Applying state of the art communications technology Noun 1. communications technology - the activity of designing and constructing and maintaining communication systems engineering, technology - the practical application of science to commerce or industry to support ongoing changes in business processes and systems, Dimension Data's software division combines the best elements of both local and international markets. It relies upon both the expertise of Compusons, one of South Africa's leading suppliers of software technology, and EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. , the acknowledged world leader in data processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a services for outsourcing clients. -0- All referenced product names are trademarks of their respective companies. CONTACT: Tricia Plowman, (516) 342-2676 Derek Underhill, (27) (11) 789-2715 |
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