CSC Cited as a Leading Technology Provider in Celent Insurance Software Study

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Tue Jul 7, 2009 8:01am EDT

FALLS CHURCH, Va., July 7 /PRNewswire/ -- CSC (NYSE: CSC) today announced that
it has been named a leading technology provider in multiple categories of
Celent's 2009 Insurance Software Deal Trends study, published in two editions.
Celent, a financial services technology research and advisory firm, reported
in the Life/Health Edition that CSC is the leader in Life, Health and Annuity
Core Processing with 56 percent of the deals in 2007 and 2008, as well as a
leader in Life, Health and Annuity Infrastructure and Accounting. In addition,
Celent identified CSC in the Property/Casualty Edition as a leader in Property
and Casualty (P&C) Core Processing and P&C Distribution.  

(Logo:  http://www.newscom.com/cgi-bin/prnh/20090422/CSCLOGO)

Celent's 2009 Insurance Software Deal Trends study ranks technology companies
based on number of contracts signed in 2007 and 2008 and collected data on
1,315 deals with carriers.

In the same reports, CSC was named a "Traction Index" leader, placing in the
top 10. The Traction Index is a composite measure that considers the type and
size of deals, and the size of a vendor's clients. 

"We would like to extend our congratulations to CSC for its leadership in
multiple categories," said Craig Weber, senior vice president of the Celent
insurance practice. "We believe that carriers value partners who know the
insurance vertical well, and who demonstrate their commitment to it. It's not
surprising that CSC is a leader in these categories, as its product breadth,
technology innovation and long history in the vertical are attractive to new
and returning clients."

"Celent's continued recognition of CSC's leadership in the insurance industry
is a great honor and a testament to our long-standing commitment to helping
our clients achieve success," said Jim Cook, president of CSC's Business
Solutions and Services Sector. "For more than 30 years, CSC's mission-critical
software, comprehensive back-office services and global IT infrastructure have
helped insurers reduce costs and improve productivity."

The Deal Trends reports provide readers with a snapshot of leading software
vendors. They were written as independent reports for Celent's insurance
research subscribers and were not sponsored or directed by CSC or any other
company. For more information on the reports, visit
www.celent.com/124_1769.htm and www.celent.com/124_1763.htm.

About CSC
CSC is a global leader in providing technology-enabled solutions and services
through three primary lines of business. These include Business Solutions and
Services, the Managed Services Sector and the North American Public Sector.
CSC's advanced capabilities include systems design and integration,
information technology and business process outsourcing, applications software
development, Web and application hosting, mission support and management
consulting. Headquartered in Falls Church, Va., CSC has approximately 92,000
employees and reported revenue of $16.74 billion for the 12 months ended April
3, 2009. For more information, visit the company's Web site at www.csc.com.



SOURCE  CSC

Marian Kelley, Director, Media and Analyst Relations, Financial Services
Group, +1-512-275-5722, mkelley3@csc.com, or Janet Herin, Sr. Manager, Media
Relations, Corporate, +1-310-615-1693, jherin@csc.com, both of CSC
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