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
1. 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 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 |
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