DALLAS, Sept. 2 /PRNewswire-FirstCall/ -- Affiliated Computer Services,
Inc. (NYSE: ACS) today announced it has won a fourth consecutive contract
with the New York State Office of Temporary and Disability Assistance to
manage and operate the state's child support payment processing center. The
five-year contract is valued at $127 million and includes four six-month
options.
ACS is the nation's leading processor of child support payments and has
served New York State for 16 years. Under the new contract, ACS will
continue providing a full range of customer care services including a call
center, and processing services including child support payment receipt,
disbursement, billing statements, employer reminders, notice processing,
and new hire processing. As a result, ACS is offering custodial parents an
efficient, streamlined system to access funds that is cost-effective for
the state.
"I am pleased to continue what has been a successful partnership with
ACS," said Scott Cade, deputy commissioner of the New York State Center for
Child Well-Being. "ACS has proven to be a leader in the field of child
support services and shown a keen understanding of our needs, particularly
in the area of electronic disbursement. This initiative adds a new
dimension to our ability to efficiently serve the children of New York
State."
At the processing center in Albany, ACS manages more than 10 million
child support payment transactions yearly, totaling over $1.3 billion. In
addition, ACS handles an estimated 2 million calls to the call center and
prints in excess of 10 million notices.
"We are proud of what ACS has done to help the people of New York
State, including our implementation of one of the first vendor-run
full-service call centers for child support services," said Joe Doherty,
executive vice president and group president of ACS' Government Solutions
Group. "Our model of being an 'operational partner' works well with New
York State. We deliver a joint working environment comprised of quality
leadership and devotion to client-first service -- a model we are
replicating across each of our accounts."
ACS is the largest provider of managed services for state, county and
local governments, including more than 1,700 government entities. ACS is
the largest provider of BPO services in the government sector; each year
processing more than $7.5 billion in beneficiary payments through its
electronic payment cards or stored value card services, and supporting more
than 23 million Medicaid recipients by processing nearly 550 million
claims. ACS ranks first worldwide in transportation services to
governments, including processing 16 million parking tickets annually for
cities including Los Angeles and Boston.
About ACS
ACS, a global FORTUNE 500 company with 65,000 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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