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Technology Stocks : Unisys: Computer Solutions and Services Worldwide
UIS 2.760+4.5%3:59 PM EST

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To: American Spirit who wrote (2640)12/6/1999 8:59:00 AM
From: TechMkt  Read Replies (1) of 2818
 
Good news is coming in floods!

Fez
______________________
Monday December 6, 8:26 am Eastern Time
Company Press Release

Unisys Signs Five-Year Contract Extension with Kellogg Company for Information Technology Outsourcing

Kellogg to Further Cost Savings and Expand New Technology Through Unisys Services

BLUE BELL, Pa.--(BUSINESS WIRE)--Dec. 6, 1999-- Unisys Corporation today announced that Kellogg Company, a leading producer of cereal and convenience foods, has extended its original outsourcing agreement with Unisys for an additional five years.

The extension will allow Kellogg to capitalize on continued cost savings through IT outsourcing and additional cost reductions through implementation of state-of-the-art technologies.

Through its world-class Outsourcing Service Center in Eagan, MN, Unisys will host the hardware and software, as well as supply maintenance and support, for a portion of Kellogg's transaction processing computing environment. As a key part of the contract, Unisys also will transition Kellogg systems to new Unisys e-@ction ClearPath Enterprise Server technology in the early part of 2000.

``Kellogg has been a long-time customer of Unisys and we are pleased that our relationship has grown stronger over the years,' said Robert Evans, head of Unisys Global Outsourcing. ``With Unisys managing and upgrading Kellogg's systems, we can provide new methods of accessing and managing data to solve day-to-day business issues. This relationship frees Kellogg to direct resources to new growth opportunities while maintaining financial savings and improving enterprise performance.'

Unisys will perform a number of detailed outsourcing services, which include the following: change management, production control and scheduling, performance management, data security, off-site data storage, help desk and technical support, and hardware design and evaluation.
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