CSC signs outsourcing contract with Scott Paper.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.--(BUSINESS WIRE)--Nov. 1, 1994--Computer Sciences Corp. (NYSE NYSE See: New York Stock Exchange :CSC) has signed a one-year contract valued at $30 million with Scott Paper Co. of Philadelphia to take over the domestic management information systems (MIS) requirements of the worldwide provider of paper tissue and towel products. The contract includes two additional one-year options as well as provisions for the negotiation of a full 10-year agreement. As part of the agreement, nearly all of Scott Paper's 115 MIS employees have been offered employment by CSC. Most will continue to serve the same internal Scott customers from the same locations. CSC will assume responsibility for all Scott's domestic MIS operations, supporting central computing and manufacturing, and developing new applications systems. In late December, Scott's data center activities will be transferred to a CSC data center in Carlstadt, N.J. CSC is acquiring no physical assets from Scott as part of this contract. The agreement represents another example of a fast-growing industry specialty for CSC, noted William R. Hoover, CSC's chairman and chief executive officer. "Outsourcing makes a lot of sense for companies wishing to concentrate on their core businesses and leave the running of computer systems to CSC," Hoover said. "At the same time, CSC is committed to bringing critical technologies to the field of process manufacturing The manufacturing industry that uses process control systems. See process control. . This contract strengthens our stature in that industry," he added. The agreement is the latest in a number of steps taken by Scott in line with a major corporate restructuring, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Albert J. Dunlap Albert John Dunlap (born July 26, 1937, in Hoboken, New Jersey) is a professional corporate downsizer popularly known as "Chainsaw Al" and "Rambo in Pinstripes". Dunlap is a West Point graduate who apprenticed under Sir James Goldsmith and Kerry Packer before taking the , Scott 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. . "Our priority continues to be a commitment to enhance shareholder value," Dunlap said. "CSC can provide the technology and services we require, while we continue to go about the job of revitalizing Scott by growing its core tissue business." Computer Sciences has $2.9 billion in annual revenues, about 55% of which comes from commercial clients and the rest from the U.S. government. The company has headquarters in El Segundo, and has 30,000 employees in 450 offices, primarily in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Europe and Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region. countries. CSC provides clients with the full range of information technology services, including business reengineering and management consulting, systems development and integration, and systems operations and outsourcing. CONTACT: Computer Sciences Corp.
Bruce Plowman, 310/615-0311
Bob Gilbert, 617/499-1567
or
Scott Paper Co.
Greta L. Thomsen, 610/522-6404
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