Company's State of the Union Illustrates Strategy for Sustainable Growth
During Second Annual Analyst-Adviser Meeting
DALLAS, May 14 /PRNewswire-FirstCall/ -- Building solutions that meet
industry-specific needs and leveraging these solutions across many clients
is key to Affiliated Computer Services, Inc.'s (NYSE: ACS) growth strategy,
company leadership told attendees of the company's second annual industry
analyst and adviser meeting.
President and CEO Lynn Blodgett told analysts and industry advisers
from leading firms that ACS will add to its industry experience and use its
business process expertise to drive operational improvements for
enterprises and governments around the world.
"Our people represent a professional culture that encourages them to be
operations partners to our clients. We derive our expertise from years in
the industry, building business process solutions, applying innovation to
practical business situations and delivering results," said Blodgett. "Our
global delivery model is flexible and responsive enough to accommodate all
types of clients, regardless of their unique, industry-specific
characteristics."
He said the company will also continue to pursue acquisitions that
expand ACS' global presence or add new capabilities for the industries ACS
serves.
"Our growth comes from winning new customers and 'radiating' services
within each existing customer," said Blodgett. "Completing successful
acquisitions is a core competency within ACS. We also grow in capability
and size through targeted acquisitions.
"As we had said for many years, 'ACS is a good company in good times
and a great company in bad times'," said Blodgett. "The current economic
climate will continue to motivate enterprises and government entities to
make difficult decisions with their limited resources. The challenge will
continue to be to find efficiencies that take advantage of technology and
innovation."
Peter Allen, Partner and Managing Director, TPI said after the meeting
that ACS is positioning itself to compete for future market share.
"ACS has made some significant strategic choices -- and it's opting for
uniting technology and operations for industry-specific solutions delivered
as managed services," said Allen. "Avoiding the temptation to chase a labor
arbitrage proposition, it is balancing cost, capability and capacity for
its industry solutions."
Strategic Areas of Focus
Tom Burlin, executive vice president and chief operating officer,
explained how the company's "go-to-market" strategy relies on targeted
industry and business process solutions.
"As we continue to roll out our industry and business process
solutions, we want to focus on how to best leverage our best practices in
governance and technology architecture across multiple clients," said
Burlin. "We are building multiple business process platforms which will
offer more flexible, modular and cost-effective options for our clients."
He said a key component to this approach is balancing the advantages of
standardized services with clients' real-world need for customized
solutions.
"This strategy is a smart use of new technology and a smart use of our
global delivery model using proven practices," said Burlin. "This builds
upon our legacy of customer intimacy which has become a hallmark of ACS
since it began operations 20 years ago."
The cross-industry business process solutions include: information
technology, human capital management, finance and accounting, customer
care, transaction processing and payment services. These offerings
intersect with key industry verticals for ACS, including: healthcare,
transportation, financial services, consumer goods and retail, public
sector, manufacturing, telecommunications and incubator and strategic
accounts.
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.
SOURCE Affiliated Computer Services, Inc.
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Related links:
http://www.acs-inc.com
CONTACT:
Investor Relations, Jon Puckett, Vice
President, Investor Relations, +1-214-841-8281,
jon.puckett@acs-inc.com, or Media Relations, Kevin Lightfoot,
Vice President, Corporate Communications, +1-214-841-8191,
kevin.lightfoot@acs-inc.com, both of Affiliated Computer
Services, Inc.
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