CSC TO USE CA SOFTWARE IN 10-YEAR GLOBAL SOFTWARE LICENSE AGREEMENT; One Of The Largest Deals In CA's History.ISLANDIA, N.Y.--(BUSINESS WIRE)--May 9, 1995--Computer Associates and Computer Sciences Corporation today announced a landmark 10-year software license agreement under which CSC (Card Security Code) A three- or four-digit number printed on the back of credit cards for security purposes. Called "Card Verification Value" (CVV) by Visa, "Card Validation Code" (CVC) by MasterCard and "Card Identification (CID) by American Express and Discover, will standardize on CA products in its outsourcing throughout the world to better manage the costs and quality of services to clients. CSC will also make CA software available for use throughout its other business groups. The license--one of the largest in CA's history--gives CSC unprecedented flexibility to use a broad range of software for both its own processing and use by current and future clients worldwide. It also reduces CSC's software costs and dependency on other software vendors. As part of the agreement, CSC will become an authorized reseller for up to $50 million of CA-Unicenter, the heterogeneous systems management solution for client/server computing, and CA-OpenIngres, the world's most advanced database server. "We're excited to expand our relationship with Computer Associates," said CSC President 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. Van B. Honeycutt. "CSC selected CA because it offers the most extensive array of superior software for mission-critical computing in the world. Our ability to offer these products to our clients will enhance our ability to compete globally." "CSC is a leader in bringing business reengineering, technology and project management skills to commercial and federal clients, and we're delighted to have forged an agreement which marries progressive licensing and advanced technology," said CA President and COO Sanjay Kumar For the Indian soldier, see . Sanjay Kumar (born Colombo, Sri Lanka, 1962) was the Chairman & CEO of Computer Associates International (now CA, Inc.), until April 2004. He emigrated with his family to the US in 1976 to escape civil unrest in his native Sri Lanka. . "We're proud that CSC has chosen to feature CA products throughout the world." CSC provides a full range of information technology services to the commercial marketplace, including management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business service industry - an industry that provides services rather than tangible objects and business reengineering, systems integration and outsourcing of a company's information technology activities. Financial details were not disclosed. From desktop to mainframe, Computer Associates International, Inc. (NYSE NYSE See: New York Stock Exchange :CA) leads the world in client/server software. Guided by CA90s open architecture, 8,000 dedicated employees in 30 countries develop, license and support more than 300 integrated products that include systems and database management, application development, financial and manufacturing applications and consumer solutions. The world's major industrial, government and research organizations depend on CA, whose fiscal year 1995 revenues exceeded $2.6 billion. Computer Sciences Corporation had $3.4 billion in annual revenues for the 12 months ended March 31, 1995. The company is headquartered 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. and has 32,000 employees in 575 offices worldwide. CSC provides clients with a wide range of professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. including management consulting; business reengineering; information systems consulting and integration; and outsourcing. -0- All referenced product names are trademarks of their respective companies. CONTACT: Bob Gordon Bob Gordon may refer to:
(516) 342-2391 (310) 615-1737 |
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