6th Jun 2007 08:56
CSC Issues Statement Regarding iSOFT Group plc
EL SEGUNDO, Calif., June 6 -- Computer Sciences Corporation today issued the following statement in response to requirements of the UK Panel on Takeovers and Mergers, which has added CSC to its Disclosure Table as a potential offeror for iSOFT Group plc ("iSOFT"):
CSC notes the June 1 announcement by iSOFT and confirms that, consistent with CSC's earlier announcement of May 30, the company's primary objective remains a successful delivery of the NHS National Programme for IT ("NPfIT").
CSC continues to review its options in light of this objective, including its contractual rights and obligations, and does not exclude the possibility of making an offer for iSOFT.
There is no certainty that any offer for iSOFT will be made by CSC. Should such an offer be made, any consideration is likely to be solely in the form of cash and will not include any CSC publicly listed securities.
About CSC
Computer Sciences Corporation is a leading global information technology (IT) services company. CSC's mission is to provide customers in industry and government with solutions crafted to meet their specific challenges and enable them to profit from the advanced use of technology.
With approximately 77,000 employees, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC's own advanced capabilities. These include systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting. Headquartered in El Segundo, Calif., CSC reported revenue of $14.7 billion for the 12 months ended Dec. 29, 2006. For more information, visit the company's Web site at http://www.csc.com.
SOURCE Computer Sciences Corporation
06/06/2007
/CONTACT: Mike Dickerson, Director, Media Relations, Corporate, +1-310-615-1647, [email protected], or Bill Lackey, Director, Investor Relations, Corporate, +1-310-615-1700, [email protected], both of Computer Sciences Corporation /
/Web site: http://www.csc.com /
(CSC)
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