Computer Sciences signs strategic agreement with SAS Institute.

EL SEGUNDO, Calif.--(BUSINESS WIRE)--Sept. 26, 1995--Computer Sciences Corp. (NYSE:CSC) Tuesday announced a three-year strategic alliance with the SAS Institute, the nation's ninth largest independent software vendor.

The alliance makes CSC one of the Institute's major systems integration and consulting partners. Under the agreement, both companies will team to support clients seeking to combine SAS's system and software solutions with CSC's expertise in consulting and systems integration.

The pact marks a first for the SAS Institute, a leader in enterprise-wide software solutions currently installed at 29,000 sites in 119 countries. Traditionally, SAS has relied on its own direct-sales channels to handle consulting and implementation of its products.

SAS is an industry leader in the fast-growing market of "data warehousing," which allows users to pull data from different parts of an organization, tapping various files, platforms and architectures. SAS software provides the analytical tools to help users combine data from these different sources, organizing it into a common format in one central location.

According to Van B. Honeycutt, CSC president and chief executive officer, the company's agreement with SAS broadens its consulting capabilities in the area of data storage and analysis, and gives it access to a new tier of clients.

"SAS offers the industry's premier solution to the rapidly-growing field of data warehousing," he said. "We see a wealth of new business opportunities in the teaming of SAS software and CSC's consulting, systems integration and outsourcing services."

Added Barrett Joyner, SAS Institute's vice president of North American sales and marketing, "Having a partner of CSC's stature and expertise gives us an instant supply of world-class talent to complement our sales and consulting capability. It elevates our presence in the marketplace to a whole new level."

Joyner continued, "CSC will have direct access to SAS system developers, product specialists, business solution professionals and our own consulting 'sharpshooters' to provide business solutions that turn massive corporate data resources into manageable and actionable information."

The agreement also calls for CSC and SAS to put together "best of breed" solutions for large-scale data warehousing projects, working with major vendors with whom both companies currently share strategic partnering agreements such as Sun Microsystems, Hewlett-Packard, Digital Equipment Corp., IBM, Oracle, Sybase, Informix and Microsoft.

In addition, the pact opens SAS Institute's Customer Technology Center to CSC consultants and their clients. Staffed by a full-time team of technical professionals representing the industry's major hardware vendors, the new center is a "proving ground" for SAS application prototypes, using live customer data in a large-scale open systems environment.

With 1994 revenues of $482 million, SAS Institute Inc., based in Cary, N.C., is the world's largest privately held independent software company. Since its incorporation in 1976, SAS Institute has consistently led the major software vendors in percentage of revenue reinvested in research and development (31 percent in 1994, or about $150 million.)

Computer Sciences had $3.6 billion in annual revenues for the 12 months ended June 30, 1995. The company has headquarters in El Segundo, and has 33,000 employees in 575 offices worldwide. CSC provides clients with a wide range of professional services including management consulting, business re-engineering, information systems consulting and integration, and outsourcing.

CONTACT: Computer Sciences Corp., El Segundo

Bruce Plowman/Mary Rhodes/Spencer Davis, 310/615-0311