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Technology Stocks : SNDT - Sand Technology - A diamond in the sand

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To: let who wrote (868)9/30/1998 2:00:00 PM
From: let  Read Replies (1) of 1200
 
IBM deal with BA; and after all the fuss over AR sorta screwing with our rally yesterday, this is the type business it opened doors to for Sand. May just be worth it in the long run.

Boeing awards IBM $2 bln contract

September 30, 1998 12:48 PM

SOMERS, N.Y., Sept 30 (Reuters) - Boeing Co. BA said Wednesday International Business
Machines Corp. will provide the company with comprehensive information technology services under a
five-year, $2 billion contract that expands on an existing deal between IBM and Boeing's McDonnell
Douglas unit.

IBM said in a statement the contract restructures and expands a 10-year contract signed with
McDonnell Douglas in 1993. McDonnell Douglas was acquired by Boeing in August 1997.

Under the expanded agreement, IBM will provide telephone and video teleconferencing services to all
of Boeing, including voice mail, equipment, operations and maintenance support.

IBM will assume responsibility for enterprise servers located in data centers in Philadelphia; Wichita,
Kansas; Mesa, Arizona; three sites in southern California; and St. Louis, Missouri, and for
consolidating them into a single site in St. Louis.

IBM will also provide operational services and maintenance support to distributed servers and desktop
computers at all Boeing locations in St. Louis and Southern California.

Boeing will take over responsibility for computing systems architecture, design, tools and processes,
and will have full responsibility for the data network activity performed by IBM in St. Louis and
southern California.

Boeing said its employees performing activities affected by the expanded agreement will have an
opportunity to interview with IBM to become IBM employees, and likewise for IBM workers performing
tasks to be assumed by Boeing.

((-- New York Newsdesk 212 859-1610, Fax 212 859-1717)) REUTERS

Following are Reuters Alerts related to this article

ALERT
BOEING AWARDS IBM $2 BLN, 5 YR INFORMATION TECHNOLOGY CONTRACT

REUTERS
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