Business News
ACS Awarded Multi-Year IT Outsourcing Contract Extension With City of Riverside, CA
2008-07-17 08:05:00
DALLAS, July 17 /EMWNews/ -- Affiliated Computer Services, Inc. (NYSE: ACS) today announced a multi-year extended contract with the city of Riverside, California to provide information technology outsourcing to support the city's computer operations and geographic information services. The total value of the extended IT contract is $50 million, if all option years are exercised. "ACS has been a technology partner with the city of Riverside for over 10 years, working closely with us to use technology to provide excellent services," said Steve Reneker, Riverside's chief information officer. "Throughout our long-term partnership, we have been impressed with ACS' strong capabilities in the IT services market and its commitment to high quality service." The base contract is for four years, with three two-year renewal options also available. Under the contract, ACS provides IT support for the city's help desk, desktop, system and network operations and supports its applications and implementation. "The city of Riverside has proven itself to be progressive and technologically savvy," said Joe Doherty, executive vice president and group president of ACS' Government Solutions Group. "The extended contract demonstrates the city's confidence in ACS to deliver professional, superior technology services. As a result, the citizens of Riverside receive the best services at the best value."
About ACS ACS, a global FORTUNE 500 company with 63,000 people supporting client operations reaching more than 100 countries, provides business process outsourcing and information technology solutions to world-class commercial and government clients. The company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS." Learn more about ACS at http://www.acs-inc.com. The statements in this news release that do not directly relate to historical facts constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company's control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Factors could cause actual results to differ materially from such forward-looking statements. For a description of these factors, see the Company's prior filings with the Securities and Exchange Commission, including our most recent filing. ACS disclaims any intention or obligation to revise any forward-looking statements, whether as a result of new information, future event, or otherwise.
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