DALLAS, Oct. 6 /PRNewswire-FirstCall/ -- Affiliated Computer Services,
Inc. (NYSE: ACS) is extending its relationship with United Technologies
Corp. (NYSE: UTX) with a renewed finance and accounting contract valued at
$41 million over three years.
The extended contract calls for ACS to continue providing domestic
finance and accounting (F&A) services, including accounts payable, travel
and expense reporting, payroll and related accounting functions, to United
Technologies Corp. (UTC), a diversified provider of high technology
products and support services to the building systems and aerospace
industries.
"ACS has supported UTC's F&A operations for more than three years,
enabling UTC to focus on key business areas and objectives, including
systems and process enhancements," said Anupam Tantri, assistant
controller, Shared Business Services, UTC.
"Our partnership with UTC demonstrates the strong collaboration, depth
of experience and management skills we bring to our client engagements,"
said Ron Gillette, senior managing director of ACS' Finance & Accounting
business. "ACS' global, integrated services are geared to the future growth
of UTC, enabling them to achieve quantifiable gains in quality and
efficiency as well as operational competitive advantage."
ACS' finance and accounting services are core to its diversified
business process outsourcing service offerings. Its broad spectrum of
services include accounts payable and receivable; billing; general
accounting; tax management; and treasury and risk management.
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, Carol DeMatteo, Director,
Corporate Communications, +1-214-841-8110,
carol.dematteo@acs-inc.com, both of Affiliated Computer Services,
Inc.
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