DALLAS, Nov. 6 /PRNewswire-FirstCall/ -- ACS (NYSE: ACS), a premier
provider of business process and information technology outsourcing solutions,
announced today that it has signed a three-year, multi-million dollar contract
with the Lower Manhattan Development Corporation (LMDC) to implement and
operate key components of the Residential Grant Program established to assist
residents of the immediate area affected by the attack on the World Trade
Center on September 11, 2001.
Under terms of the contract, ACS will develop and document procedures and
training for the program and implement an application, payment and customer
service system. ACS will also perform translation services and establish
offices in Lower Manhattan to accept applications and perform program
administration activities, including determining program eligibility and
distributing more than $200 million in grants to eligible residents.
"ACS is honored to support the LMDC and residents of Lower Manhattan in
the rebuilding and revitalization of the neighborhoods affected by the tragic
events of September 11," said Harvey V. Braswell, ACS Group President of
Government Services. "ACS has in-depth experience in implementing and
operating large-scale eligibility programs, and we are committed to providing
timely and efficient services for this vital program."
ACS, a Fortune 1000 company with nearly 40,000 people supporting
operations in 47 countries, provides business process and information
technology outsourcing 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." ACS makes technology work. Visit ACS on the
Internet 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 the most recent Form 10-K. ACS
disclaims any intention or obligation to revise any forward-looking
statements, whether as a result of new information, future event, or
otherwise.
SOURCE ACS, Inc.
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Related links:
http://www.acs-inc.com
Company News On-Call:
http://www.prnewswire.com/comp/117892.html
CONTACT:
investor relations, Warren Edwards, Executive
Vice President- Chief Financial Officer, +1-214-841-8082, or
warren.edwards@acs-inc.com , or media, Lesley Pool, Senior Vice
President-Chief Marketing Officer, +1-214-841-8028, or
lesley.pool@acs-inc.com , both of ACS, Inc.
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