News Release - 1st Dec., 2007
FORTUNE INFORMATION SYSTEMS CORP. SIGNS SOFTWARE DISTRIBUTION AGREEMENT WITH CSC
Taipei, [1 st Dec 2007] ¡V Computer Sciences Corporation (NYSE: CSC), a leading global information technology (IT) services firm, announced today that Fortune Information System s Co rp. (FIS ; T S E: # 2468), a leading Information Technology (IT) services firm in Taiwan , with subsidiaries in Beijing, Shanghai, G uangzhou and Hong-Kong, specializing in Financial Services sector has signed a partnership agreement to market and deliver CSC¡¦s financial services solutions to the insurance sector in Taiwan and Mainland China .
CSC has been a specialist application system provider and thought leader to the insurance industry in Asia since 1981 and as a result, its products, services and expertise are specific to the needs of insurance companies in the region. CSC serves more than 200 clients in Asia in the life, P&C and reinsurance markets. To complement its capabilities in consulting, systems integration, and business process and IT outsourcing, CSC brings deep financial services industry knowledge and experience, a comprehensive portfolio of financial services application software, and an extensive network of industry and technology partners. More than 10,000 CSC employees are dedicated to serving financial services clients, which include more than 1,200 major banks, insurers, and investment management and securities firms.
Doug Benfield, Vice President and Managing Partner for CSC Financial Services in Asia said ¡§we see Taiwan as a strategic market for CSC and we are happy to partner with a service provider of repute like Fortune Information Systems Corp. who has in-depth knowledge and experience in the local market¡¨.
Y.Chang Chang, Senior Vice President for FIS Financial Services in Greater China said ¡§ FIS has grown our businesses with prestigious financial customers in Taiwan from day one. We are excited to partner with CSC for provide leading financial services solutions to our Taiwan customers. The advanced CSC solutions with both leading IT and domain knowledge will assist our Taiwan customers to equip with substantial international competitive advantages in Greater China ¡¨ .
Since FIS' establishment in 1982, FIS has been a leading industrial domain IT service s provider in Taiwan and also acted as an IT services platform in Greater China . FIS¡¦ mission is to assist customers creating on-going successes with business growth and provide customers with superior IT applications, professional service capacity, and practical industrial know-how by ways of integration, customization and localization.
With around 360 full-time employees in Greater China regional wide and as a provider of professional ¡§technology services, system integration services, and outsourcing services¡¨, FIS delivers comprehensive IT applications and services with the capabilities of project management, software development and solution integration. For more information, please visit the company¡¦s web site at www.fis.com.tw.
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 87,000 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 $14.9 billion for the 12 months ended March 30, 2007. For more information, visit the company¡¦s w eb site at www.csc.com .