CSC Acquires Softlab's UK Automotive Software and Services Business; Will Provide IT Services for BMW, Ford (Land Rover) and MG Rover

CSC Strengthens Position as a Leading IT Services Provider

To the Automotive Industry



Apr 05, 2001, 01:00 ET from Computer Sciences Corporation

    EL SEGUNDO, Calif., April 5 /PRNewswire/ -- Computer Sciences Corporation
 (NYSE:   CSC) has entered into an agreement with Softlab Limited, a wholly owned
 subsidiary of BMW Group, to acquire the assets of Softlab's UK Automotive OEM
 software, systems integration and services business.  Terms of the acquisition
 were not disclosed.
     The deal includes a one-year information technology (IT) services
 agreement, valued at approximately $26 million (18m pounds sterling) for 2001,
 under which CSC will provide applications management services to customers
 including BMW, Ford (Land Rover) and MG Rover.  The contract includes
 provisions for future renewals.
     The agreement builds upon an additional three-year IT outsourcing pact,
 valued at US$18 million (12.6 million pounds sterling), for the provision of
 data center services in the UK for BMW, Ford (Land Rover) and MG Rover.  Under
 this agreement, which became effective January 22, CSC manages mainframe and
 teradata services and associated data networks.
     The divestiture of the automotive OEM business forms part of Softlab's
 ongoing strategy to focus on its core businesses.  The company has one of the
 most successful customer relationship management (CRM) SI practices in Europe.
 Softlab's CRM strategy is outlined in a separate press release
 (www.softlab.co.uk)
     As part of its services to BMW, CSC will provide IT support and
 development services for the production of the new Mini.  It will also support
 production for the eagerly awaited launch of the new MG, from Rover, as well
 as the class-leading Range Rover products, which are part of Ford's Premier
 Auto Group.
     "By integrating these services into our existing automotive and
 manufacturing operations, which currently employ more than 8,000 CSC
 specialists worldwide, we will further strengthen our large customer base in
 this sector," said Van B. Honeycutt, CSC's chairman, president and chief
 executive officer.
     "This agreement demonstrates the confidence companies place in CSC's
 ability to develop, manage and operate complex, mission-critical systems in
 the automotive software and services business," said Guy Hains, president of
 CSC's UK division.  "We warmly welcome Softlab's highly skilled automotive
 specialists into our organization."
     Softlab Limited, is a BMW Group company and one of the leading European IT
 solutions provider, with over 25 years experience in planning and implementing
 large scale IT projects.  At the core of the company's business is an
 extensive range of consulting options and services in the field of system
 integration throughout the entire value-chain.  Specific areas of expertise
 include manufacturing systems, e-Business and customer relationship
 management.  Softlab is a qualified partner in developing business processes
 geared to future requirements and implementing them as innovative IT
 solutions.  Softlab Group is present in all major European markets and has
 subsidiaries in the United States and Japan.  www.softlab.co.uk
     Computer Sciences Corporation, one of the world's leading consulting and
 IT services firms, helps clients in industry and government achieve strategic
 and operational results through the use of technology.  The company's success
 is based on its culture of working collaboratively with clients to develop
 innovative technology strategies and solutions that address specific business
 challenges.
     Having guided clients through every major wave of change in information
 technology since 1959, CSC combines the newest technologies with its
 capabilities in consulting, systems design and integration, IT and business
 process outsourcing, applications software, and Web and application hosting to
 meet the individual needs of global corporations and organizations.  With more
 than 68,000 employees in locations worldwide, CSC had revenues of
 $10.2 billion for the 12 months ended December 29, 2000.  It is headquartered
 in El Segundo, California.  For more information, visit the company's Web site
 at www.csc.com
 
 

SOURCE Computer Sciences Corporation
    EL SEGUNDO, Calif., April 5 /PRNewswire/ -- Computer Sciences Corporation
 (NYSE:   CSC) has entered into an agreement with Softlab Limited, a wholly owned
 subsidiary of BMW Group, to acquire the assets of Softlab's UK Automotive OEM
 software, systems integration and services business.  Terms of the acquisition
 were not disclosed.
     The deal includes a one-year information technology (IT) services
 agreement, valued at approximately $26 million (18m pounds sterling) for 2001,
 under which CSC will provide applications management services to customers
 including BMW, Ford (Land Rover) and MG Rover.  The contract includes
 provisions for future renewals.
     The agreement builds upon an additional three-year IT outsourcing pact,
 valued at US$18 million (12.6 million pounds sterling), for the provision of
 data center services in the UK for BMW, Ford (Land Rover) and MG Rover.  Under
 this agreement, which became effective January 22, CSC manages mainframe and
 teradata services and associated data networks.
     The divestiture of the automotive OEM business forms part of Softlab's
 ongoing strategy to focus on its core businesses.  The company has one of the
 most successful customer relationship management (CRM) SI practices in Europe.
 Softlab's CRM strategy is outlined in a separate press release
 (www.softlab.co.uk)
     As part of its services to BMW, CSC will provide IT support and
 development services for the production of the new Mini.  It will also support
 production for the eagerly awaited launch of the new MG, from Rover, as well
 as the class-leading Range Rover products, which are part of Ford's Premier
 Auto Group.
     "By integrating these services into our existing automotive and
 manufacturing operations, which currently employ more than 8,000 CSC
 specialists worldwide, we will further strengthen our large customer base in
 this sector," said Van B. Honeycutt, CSC's chairman, president and chief
 executive officer.
     "This agreement demonstrates the confidence companies place in CSC's
 ability to develop, manage and operate complex, mission-critical systems in
 the automotive software and services business," said Guy Hains, president of
 CSC's UK division.  "We warmly welcome Softlab's highly skilled automotive
 specialists into our organization."
     Softlab Limited, is a BMW Group company and one of the leading European IT
 solutions provider, with over 25 years experience in planning and implementing
 large scale IT projects.  At the core of the company's business is an
 extensive range of consulting options and services in the field of system
 integration throughout the entire value-chain.  Specific areas of expertise
 include manufacturing systems, e-Business and customer relationship
 management.  Softlab is a qualified partner in developing business processes
 geared to future requirements and implementing them as innovative IT
 solutions.  Softlab Group is present in all major European markets and has
 subsidiaries in the United States and Japan.  www.softlab.co.uk
     Computer Sciences Corporation, one of the world's leading consulting and
 IT services firms, helps clients in industry and government achieve strategic
 and operational results through the use of technology.  The company's success
 is based on its culture of working collaboratively with clients to develop
 innovative technology strategies and solutions that address specific business
 challenges.
     Having guided clients through every major wave of change in information
 technology since 1959, CSC combines the newest technologies with its
 capabilities in consulting, systems design and integration, IT and business
 process outsourcing, applications software, and Web and application hosting to
 meet the individual needs of global corporations and organizations.  With more
 than 68,000 employees in locations worldwide, CSC had revenues of
 $10.2 billion for the 12 months ended December 29, 2000.  It is headquartered
 in El Segundo, California.  For more information, visit the company's Web site
 at www.csc.com
 
 SOURCE  Computer Sciences Corporation