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CSC CHAIRMAN Underscores Company Commitment to Expand India Operations

10-15-2008 01:28 PM CET | IT, New Media & Software

Press release from: CSC

/ PR Agency: Mutual PR
Michael Laphen Visits CSC Operations in India

New Delhi, Oct. 15, 2008 – CSC (NYSE:CSC) announced today that Michael W. Laphen, Chairman, President and CEO of CSC, began a six-day visit to India, where he will be sharing the company’s strategic growth plans. He will also meet with CSC employees to discuss their role in the company’s global business strategy. In addition, he will inaugurate the Noida campus, the largest CSC campus in India, and tour CSC locations in Hyderabad and Chennai.

CSC acquired Covansys in July 2007 and First Consulting Group (FCG) in January 2008, and has achieved full integration of both operations into the company’s model of delivering “One CSC” to customers and business. With the acquisitions, CSC nearly doubled its headcount in India – surpassing its annual headcount goal – and is now home to the company’s second-largest concentration of employees. CSC also achieved a 90 percent compound annual growth rate in terms of headcount in India in the last five years. The company’s fully integrated World Sourcing center in India provides end-to-end India-led global delivery to its customers worldwide, has attained 100 percent revenue growth in fiscal year 2008 and has increased its operations from four to seven locations in India.
As the Chairman, President and CEO of CSC, Mr. Michael W. Laphen is responsible for the effective execution of CSC's business plan and for ensuring operational excellence in the delivery of services to clients around the globe. CSC has approximately 90,000 employees and reported revenue of $17.1 billion for the 12 months ended July 4, 2008.
“It is a pleasure to be back in India to meet with the team and see the progress they have made in person,” said Laphen. “India is CSC’s largest world sourcing location outside the U.S. and an important part of the company’s global success. As a part of CSC’s global delivery network, our operations in India are critical to the company’s growth strategy in the Asia Pacific region and will help CSC realize our goal of ‘Delivery to the world, from around the world.’”

“We are honored to welcome our Chairman, President and CEO to our campus,” said Rajendra B. Vattikuti, President of CSC’s operations in India. “As a CSC World Sourcing center, our goal is to significantly grow our operations and be a vibrant part of the Indian IT industry. Mr. Laphen’s visit confirms the company’s commitment to expand operations in India, support the Indian IT/ITES industry and contribute to the development of the nation’s software industry.”

About CSC India
With centers in Noida, Indore, Hyderabad, Chennai, Mumbai, Bangalore and Vadodara, and approximately 19,000 employees, CSC is one of the fastest growing IT services firms in India. CSC’s strong local presence enables the company to offer high-value technology solutions and a rich portfolio of services to customers across industry segments, including applications development and product support, infrastructure and BPO services, to clients worldwide. CSC India is consistently recognized in “best employer” award categories and houses the company’s first Office of Innovation outside the U.S. For more information, visit in.country.csc.com.

About CSC
CSC is a global leader in providing technology-enabled solutions and services through three primary lines of business. These include Business Solutions & Services, Global Outsourcing Services 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, Virginia, CSC has approximately 90,000 employees and reported revenue of $17.1 billion for the 12 months ended July 4, 2008. For more information, visit www.csc.com.

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