DALLAS, Aug. 5 /PRNewswire-FirstCall/ -- Affiliated Computer Services,
Inc. (NYSE: ACS), today announced a contract to design, develop, implement
and support an Electronic Recording Delivery System (ERDS) solution for the
California Electronic Recording Transaction Network Authority (CeRTNA). The
system is the first in the country to be state-certified for document
security.
The ACS system will allow documents related to land records to be
electronically submitted from groups such as title agents, banks, lenders
and local governments to be routed to county recorders for processing,
eliminating the need for paper documents to be delivered to the county. The
system will ensure that the electronic documents meet county standards and
the stringent certification requirements of the California Attorney
General.
CeRTNA, a consortium of county recorders in California, will make the
system available to all counties in the state, who will be able to assist
in the creation, development and growth of shared standards for electronic
document delivery. CeRTNA's approach will significantly reduce the ERDS
development, implementation and certification costs for each participating
county.
"ACS will create a system for CeRTNA that will save time and money for
local governments," said Patrick Honny, chief deputy of information
technology for San Bernardino County. "With the advantage of knowing the
documents going into the system have already met state recording
requirements, we have an even greater level of reliability and efficiency."
ACS is the largest provider of managed services for state and local
governments -- including county governments -- including more than 1,700
state and local government entities. ACS is the largest provider of BPO
services in the government sector, including more than $7.5 billion in
beneficiary payments through its electronic payment card or stored value
card services as well as supporting more than 23 million Medicaid
recipients, processing nearly 550 million Medicaid healthcare claims
annually. ACS ranks first worldwide in transportation services to
governments, including processing 16 million parking tickets annually for
cities including Los Angeles and Boston.
"CeRTNA has a forward-thinking vision of how local governments should
manage documents," said Joe Doherty, executive vice president and group
president of ACS' Government Solutions Group. "Our work for CeRTNA is just
another example of how ACS is committed to finding unique solutions that
will bring lasting value to our clients and the citizens they serve."
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.
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, Ken Ericson, Director,
Corporate Communications, +1-202-378-2692,
ken.ericson@acs-inc.com, both of Affiliated Computer Services,
Inc.
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