This Day On The Street
Continue to site
ADVERTISEMENT
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

Unisys And Steria Chosen To Modernize European Commission Tax And Customs Communications Network

BLUE BELL, Pa., Dec. 5, 2013 /PRNewswire/ -- Unisys Corporation's (NYSE: UIS) Belgian subsidiary and Steria, a leading provider of IT-enabled business services, today announced a Unisys-led consortium has won a framework contract to modernize the mission-critical communications network used by European Union member states to share customs and tax information and protect against tax and customs fraud.

The three-year contract (renewable twice, each time for a period of 1 year), awarded by the European Commission's Directorate General for Taxation and Customs (DG Taxud), has an estimated value of €63 million.

Under the contract, the consortium will replace DG Taxud's existing legacy communications infrastructure with a cost-effective, flexible platform based on industry standards and a services oriented architecture. The new network, to be called Common Communication Network 2 (CCN2), will provide mission-critical interoperability and communications links between the 28 EU member states' customs and tax operations and the multiple systems in operation across the region.

DG Taxud's Common Communication Network (CCN) is the gateway for all tax and customs applications in the EU, supporting areas of taxation between member states, including VAT, excise duties, transit and import. In 2011 the CCN handled more than 1.2 billion data exchanges for EU countries.

Bart Steukers, General Manager, Continental Europe, Unisys, said: "We are thrilled to have been chosen by the European Commission for this exciting and highly mission-critical project. We and our consortium partners look forward to helping the EC modernize its infrastructure, speed the flow of communications, and reduce costs."

Francois Enaud, Group Steria CEO, added: "This new contract demonstrates our long-lasting commitment to the European Commission. This project will transform the EC's ways of working and strengthen the collaboration and transparency between member states by implementing critical data exchange systems."

Forward-looking StatementAny 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, DG Taxud will place orders for specific work to be performed as part of the project. The estimated value of the contract is based on assumptions concerning the value of those orders. DG Taxud can determine in its discretion which orders to place and can terminate the contract for its convenience at any time. As a member of the consortium, Unisys will receive only a portion of the contract value, based on the services it performs. As a result of these factors, neither the estimated value of the contract nor Unisys share of that value is guaranteed. Additional discussion of factors that could affect Unisys future results is contained in periodic filings with the Securities and Exchange Commission.

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.

Follow Unisys on Twitter.

RELEASE NO.: 1205/9212

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs