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Gold/Mining/Energy : Bombardier, maker of planes and trains and other things -- Ignore unavailable to you. Want to Upgrade?

To: Gilbert Drapeau who wrote (1059)	11/21/2002 8:31:33 PM
From: Gilbert Drapeau	Read Replies (1) \| Respond to of 1177

Bombardier Transportation Signs Global Information Technology Outsourcing Contract With CSC MONTREAL, QUEBEC--NOVEMBER 21, 2002 - 14:01 EST Bombardier Transportation today announced that it has signed an exclusive seven-year, $1.11-billion Cdn (695-million Euro) contract with California-based Computer Sciences Corporation (CSC), for the provision of information technology (IT) services across more than 200 sites around the world. Under the terms of the contract CSC will provide Bombardier Transportation with desktop, help desk, call centre, data centre, network and application management services. Localised services agreements will be approved following employee consultations in accordance with country-specific procedures. On completion of these agreements approximately 625 employees and contractors are expected to transfer to CSC in February 2003 in Europe, the Americas, Australia and Asia. Commenting on the contract, Pierre Lortie, Bombardier Transportation's president and chief operating officer said: "This outsourcing project is of strategic importance for Bombardier Transportation. CSC will work with us to deliver an IT transformation programme that will deliver a high quality, cost effective and scalable IT platform that will support the rapid deployment of Bombardier Transportation's business development programmes, improving service, reducing costs and enhancing business agility." Founded in 1959, Computer Sciences Corporation is one of the world's leading information technology (IT) services companies. 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. Headquartered in El Segundo, Calif., CSC has more than 65,000 employees in locations worldwide, including some 21,000 in Europe. Bombardier Transportation is the global leader in the rail equipment manufacturing and servicing industry. Its wide range of products includes passenger rail cars and total transit systems. It also manufactures locomotives, freight cars, propulsion & controls and provides rail control solutions. Bombardier Inc., a diversified manufacturing and services company, is a world leading manufacturer of business jets, regional aircraft, rail transportation equipment and motorized recreational products. It also provides financial services and asset management in business areas aligned with its core expertise. Headquartered in Montreal, Canada, the Corporation has a workforce of some 80,000 people in 24 countries throughout the Americas, Europe and Asia-Pacific. Its revenues for the fiscal year ended Jan. 31, 2002 stood at $21.6 billion. Bombardier trades on the Toronto, Brussels and Frankfurt stock exchanges (BBD, BOM and BBDd.F).