This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Queensland Department Of Education, Training And Employment Extends Contract With Unisys For IT Support Services Across 82 Campuses

BLUE BELL, Pa., Jan. 14, 2013 /PRNewswire/ --  Unisys Corporation (NYSE:UIS) today announced that the Queensland Department of Education, Training and Employment has extended its contract for managed IT support services with Unisys' Australian subsidiary for two more years.

Under the agreement, Unisys will continue providing IT support services to all Technical and Further Education (TAFE) institutes across the state. Those include IT services for students, teachers and administrators at 82 campuses across 13 TAFE Queensland institutes and the Australian Agricultural College.

The renewal contract value is estimated to be approximately AUD$29.4 million ( USD$31 million).

The renewal builds on a 15-year managed-services relationship between Unisys and TAFE Queensland. The contract extension, which commenced on November 1, 2012, runs through October 31, 2014.

Unisys will support approximately 500 servers and 21,000 desktops, manage the local and wide area networks, and provide help desk services to respond to approximately 74,000 support calls per year.

In addition to continuously maintaining and improving the support of the TAFE ICT environment, during the last three years Unisys has successfully managed key strategic programs. These include the implementation of a Single Active Directory environment to provide improved collaboration and support business reorganization and efficiency in the TAFE ICT environment, as well as the organization's successful migration to Microsoft Windows 7.

"Our 15-year relationship with TAFE Queensland is a testament to the quality of our service delivery and the strength of our client relationship," said Scott Whyman, vice president and general manager, Global Managed Services Asia Pacific for Unisys. "We are pleased to have the opportunity to continue this work for TAFE Queensland," Mr Whyman said. 

About TAFE Queensland

With a network of 13 institutes, 82 campuses and about 800 programs, TAFE Queensland is the largest, most experienced training provider in the state. TAFE delivers world-class vocational education, training and adult learning in Queensland.

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, statements in this release regarding the anticipated value of the contract are based upon the assumption that the number of devices being serviced by Unisys and the types of services performed will be consistent with past experience, the pricing for services will remain constant and the performance of the contract will continue for the full extension term. Because the number of devices and types of services performed may change, because pricing is subject to adjustment under certain circumstances and because the contract is terminable for convenience by Queensland Department of Education, Training and Employment before the end of its term, the estimated value of the engagement is not guaranteed. Additional discussion of factors that could affect Unisys future results is contained in periodic filings with the Securities and Exchange Commission.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • 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 Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,943.81 +28.74 0.17%
S&P 500 1,967.57 +2.89 0.15%
NASDAQ 4,415.49 +19.2860 0.44%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs