CSC Wins Healthcare Claims Processing Contract from the Department of Veterans Affairs

CSC (NYSE:CSC) announced today that the U.S. Department of Veterans Affairs awarded the company a task order to provide healthcare claims processing system and services. The task order has a one-year base period and four one-year options. This contract was awarded to CSC during the company’s fiscal 2010 third quarter and falls under the U.S. General Services Administration’s Alliant contract.

Under the terms of the agreement, CSC and its subcontractor, Plexis Healthcare Systems, will provide the Department of Veterans Affairs Financial Services Center (FSC) with software for a healthcare claims processing system. The FSC will use the system to perform medical claims processing for a variety of programs.

"We are proud to work with the Department of Veterans Affairs and support its efforts to provide our veterans the world-class benefits and services they have earned,” said Mike Gaffney, president of CSC’s North American Public Sector Civil and Health Services Group. "With CSC’s experience in implementing and supporting state healthcare claims processing applications, we are able to leverage our expertise and industry best practices to provide the department with a solution that will be more efficient and cost effective.”

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, the Managed Services Sector and the North American Public Sector. CSC's advanced capabilities include system 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 $16.0 billion for the 12 months ended October 2, 2009. For more information, visit the company's Web Site at www.csc.com.