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Compaq Designated a Technology and Service Provider Partner by CSC on NSA Groundbreaker Contract
HOUSTON, August 3, 2001
Compaq Computer Corporation (NYSE: CPQ) has been designated a Technology and Service Delivery Partner on the Project Groundbreaker contract awarded to Computer Sciences Corporation (CSC) by the National Security Agency (NSA). Compaq is the only manufacturer named a Technology and Service Delivery Partner in the CSC alliance. The agreement with CSC represents one of Compaq's largest contracts in the Federal marketplace.
The overall Groundbreaker contract is projected to be worth $2 billion to CSC and runs for an initial term of seven years with options that could extend it to 10 years. The overall value of the contract to Compaq depends on the equipment that the NSA purchases. Compaq will provide hardware and professional services to NSA to upgrade its technology in Washington, D.C.
"This validates Compaq's strong movement into the role of long-term integrator of IT enterprise solutions for the federal government," said Ron Ross, president of Compaq Federal LLC. "We are the only company that can offer the government end-to-end solutions, from the innovative wireless iPAQ™ Pocket PC to the largest and most complex supercomputer. Coupled with our Global Services group we can provide complete IT enterprise support including architectural design, systems engineering, equipment, and support."
Compaq has been assured representation on the Architectural Group for the term of the Groundbreaker contract, which will provide Compaq the opportunity to showcase its engineering excellence, the depth and breath of its hardware families, and services capabilities to provide NSA with the best enterprisewide solution.
About Compaq
Founded in 1982, Compaq Computer Corporation ("Compaq")
is a leading global provider of enterprise technology and
solutions. Compaq designs, develops, manufactures and markets
hardware, software, solutions and services, including industry-leading
enterprise storage and computing solutions, fault-tolerant
business-critical solutions, communication products, and desktop
and portable personal computers that are sold in more than
200 countries. Information on Compaq and its products and
services is available at http://www.compaq.com.
Notes:
Compaq and the Compaq logo are trademarks of Compaq Information Technologies Group, L.P. Product names mentioned herein may be trademarks and/or registered trademarks of their respective companies. This press release may contain forward-looking statements based on current expectations that involve a number of risks and uncertainties. The potential risks and uncertainties that could cause actual results to differ materially include: worsening global economic conditions, increased competitive environment and pricing pressures, disruptions related to restructuring actions and delays in the expansion of Compaq's solutions business model. Further information on these factors and other factors that could affect Compaq's financial results is included in Compaq's Securities and Exchange Commission (SEC) filings, including the latest Annual Report on Form 10-K and the Quarterly Report on Form 10-Q.
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