Printer Friendly
The Free Library
19,607,059 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

CSC Continuum announces COLOSSUS license.


AUSTIN, Texas--(BUSINESS WIRE)--Nov. 21, 1996--CSC Continuum, a wholly-owned subsidiary of Computer Sciences Corp. (NYSE NYSE

See: New York Stock Exchange
:CSC), announced that American Family American Family is a photographic artwork exhibition by Renée Cox. See also
  • An American Family, a 1973 documentary broadcast on PBS
  • , a 2002-2004 PBS drama starring Edward James Olmos and Constance Marie.
 Group of Madison, Wis., has licensed the COLOSSUS Colossus - (A huge and ancient statue on the Greek island of Rhodes).

1. The Colossus and Colossus Mark II computers used by Alan Turing at Bletchley Park, UK during the Second World War to crack the "Tunny" cipher produced by the Lorenz SZ 40 and SZ 42 machines.
 system for use by the group's property and casualty members.

American Family Life is a current user of CSC Continuum's VANTAGE-ONE life insurance administration system.

American Family provides coverage for all lines in both personal and commercial markets, maintaining a regional focus on the personal automobile, personal property and business owners insurance segments. American Family plans to use COLOSSUS to ensure quality and consistency in the evaluation and settlement of bodily injury liability claims.

American Family decided to move forward with a full rollout of COLOSSUS following a successful limited implementation effort. Darnell Moore, American Family's vice president of claims, said, "The evaluation substantiated our belief that COLOSSUS offers valuable training benefits and facilitates consistency and fairness in our claims settlement process."

"This COLOSSUS sale to American Family, an existing user of our life software products, demonstrates our ability to serve the full spectrum of our customers' needs across product lines," said CSC Continuum President W. Michael Long
    Michael Long (born October 1, 1969 in Darwin, Northern Territory) is a former Australian rules footballer and spokesperson against racism in sport. Football career
    . "We welcome American Family as the newest member of the COLOSSUS user community."

    COLOSSUS, CSC Continuum's expert system for evaluating bodily injury claims, is the most comprehensive knowledge-based system (artificial intelligence) knowledge-based system - (KBS) A program for extending and/or querying a knowledge base.

    The related term expert system is normally used to refer to a highly domain-specific type of KBS used for a specialised purpose such as medical diagnosis.
     in use by the insurance industry today. The product assists claims professionals with the evaluation process and provides access to a repository of insurance and medical expertise.

    CSC Continuum Inc. is an international consulting and computer software and services firm based in Austin, serving the needs of life and health insurance, property and casualty insurance, banking and other financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
    Please [ improve this article] or discuss the issue on the talk page.
     companies. CSC Continuum is a wholly-owned subsidiary of Computer Sciences Corp. (CSC).

    CSC had $5.2 billion in revenues for the 12 months ended Sept. 27, 1996, including 12 months of revenue from the recently acquired Continuum Co. The Continuum revenues have been combined with CSC's revenues because the acquisition is accounted for as a pooling of interests Pooling of Interests

    An accounting method, used in mergers and acquisitions, where the balance sheet items of the two companies are simply added together.

    Notes:
    The opposite of pooling of interests is the purchase acquisition method.
    .

    With headquarters in El Segundo El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and , Calif., CSC has nearly 40,000 employees in more than 600 offices worldwide, providing clients with a wide range of professional services including management consulting, business reengineering, information systems consulting and integration, and outsourcing.

    CONTACT: Ron Day, 512/338-7506
    COPYRIGHT 1996 Business Wire
    No portion of this article can be reproduced without the express written permission from the copyright holder.
    Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

     Reader Opinion

    Title:

    Comment:



     

    Article Details
    Printer friendly Cite/link Email Feedback
    Publication:Business Wire
    Date:Nov 21, 1996
    Words:378
    Previous Article:Ryan Reports a 150 Percent Increase in Consolidated Net Earnings for the Six Months Ended Sept. 30, 1996.
    Next Article:Design Analysis Associates Inc. announces high performance embedded i960Hx CPU Module.
    Topics:



    Related Articles
    GREAT SHAKES.
    Colossus: taking on giant.
    Tool for Comparing 401(k) Providers.
    COASTER BOASTERS: KNOTT'S TAKES AIM AT MAGIC MOUNTAIN'S CROWN.
    PUBLIC TV AIRS COMMERCIAL SMARTS; `ARTHUR' UNLEASHED.
    BELL ATLANTIC DIRECTORS APPROVE NYNEX MERGER.
    BIZWATCH : MARKETS.
    Getting to horizontal: The 20th-century life underwriter often slowed down the process of an application or stopped it altogether. The new...
    Celebrating a radio legend.
    ANNUAL TOY DRIVE SET AT MAGIC MOUNTAIN.

    Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles