ACS Tops Industry Listing for Most Announced BPO and IT Outsourcing Contracts in 2005
Thursday, 18 May 2006 Affiliated Computer Services, Inc. (NYSE: ACS), a premier provider of business process outsourcing and information technology solutions, announced today that it heads a list compiled by Gartner Dataquest, a leading industry analyst firm in the tech services sector, of the top 10 outsourcing vendors in terms of business process outsourcing (BPO) or information technology (IT) outsourcing contracts announced in 2005. ACS leads the list with 41 announced deals, followed by IBM with 39, CSC with 27, EDS with 24 and Accenture with 18. The analyst firm also reported that corporate BPO and IT outsourcing is happening with more and more frequency among the largest global companies. Prior to 2001, only 31 percent of the top-100 companies in the world had awarded at least one BPO or IT contract to an outside vendor, compared to 53 percent of the top-100 global companies since 2001. "ACS made a commitment early on to the BPO and IT markets and the services we provide our clients now account for our more than $5 billion in annual revenue," said Mark King President and Chief Executive Officer of ACS. "We're pleased to see the growing trend in BPO and IT outsourcing by companies around the world, and proud to have announced more deals than any of our peer services providers in 2005. That's a testament to the caliber of services we provide our clients everyday." ACS, a global FORTUNE 500 company with more than 55,000 people supporting client operations reaching nearly 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". 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 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: prnewswire
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