CSC GRANTED SUMMARY JUDGMENT IN ERISA CLASS ACTION SUIT
News Release -- July 16, 2009
Court Rules in Favor of CSC on All Counts
FALLS CHURCH, Va., July 16 -- CSC (NYSE: CSC) announced today that a summary judgment was issued by the U.S. District Court, Central District of California, in favor of the defendants: CSC, the CSC Retirement and Employee Benefits Plans Committee, and various company directors and officers in the case of In Re Computer Sciences Corp. ERISA Litigation. The court rejected plaintiffs' contentions in an Order entered on July 14, 2009, after finding no genuine issue of fact to require a trial.
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.dxc.technology.