BLUE BELL, Pa., June 21, 2012 /PRNewswire/ -- The National Institutes of Health (NIH) recently awarded a contract to Unisys (NYSE: UIS) to compete for task orders under the Chief Information Officers-Solutions and Partners 3 (CIO-SP3) contract.
Unisys is one of 54 companies awarded an indefinite delivery/indefinite quantity (IDIQ) contract. The contracts, awarded by the NIH Technology Assessment and Acquisition Center, have a total potential value capped at $20 billion over 10 years and may be used by any federal government agency.
Task orders under the CIO-SP3 contract may be awarded in any of 10 solution areas: IT services related to the federal health mission; IT support for federal CIO offices; services to support the collection, storage, and retrieval of digital images; outsourcing services; IT systems operations and maintenance; IT systems integration; services to protect the government's critical infrastructure and information; support for online government services offered to citizens and businesses; IT systems to control, monitor and coordinate key business activities across an agency; and software development services. Unisys can compete for task orders across all categories included under the contract.Unisys was one of the contractors on the previous CIO-SP2i IDIQ contract, which expired this week. CIO-SP3 builds on its predecessor contract with new solution areas for IT services supporting biomedical research, health sciences and health care as well as task orders related to systems and services to support digital imaging. "This is a significant award for Unisys that gives us the opportunity to continue our support of NIH as well as the other federal civilian and defense agencies that want the convenience of this government-wide contract," said Anthony Hess, group vice president, Unisys Federal Systems. "Through CIO-SP3, Unisys will be able to help federal clients with proven solutions to address challenges ranging from operating and maintaining existing systems to transitioning users to the cloud." About Unisys Unisys is a worldwide information technology company. We provide a portfolio of IT services, software, and technology that solves critical problems for clients. We specialize in helping clients secure their operations, increase the efficiency and utilization of their data centers, enhance support to their end users and constituents, and modernize their enterprise applications. To provide these services and solutions, we bring together offerings and capabilities in outsourcing services, systems integration and consulting services, infrastructure services, maintenance services, and high-end server technology. With approximately 22,500 employees, Unisys serves commercial organizations and government agencies throughout the world. For more information, visit www.unisys.com. Forward-looking Statements Any statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. All forward-looking statements rely on assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. In particular, under an IDIQ contract, such as the one described in this press release, there is no guarantee that the government will award any task orders. Further, because agreements with government agencies are terminable before the end of their terms and are subject to the availability of appropriated funds, there is no guarantee that the contract will continue for its full term or that any awarded task orders will continue for their full term. Additional discussion of factors that could affect Unisys future results is contained in periodic filings with the Securities and Exchange Commission.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV