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Author: yianis Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 151  
Subject: Computer Sciences To Resell 724 Products Date: 3/25/2002 8:09 AM
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Computer Sciences To Resell 724 Solutions Products
TORONTO -(Dow Jones)- Computer Sciences Corp. (CSC) has agreed to resell 724 Solutions Inc.'s (SVNX) software applications, will provide systems integration services and will manage the operation of 724's application hosting business.

In a news release, 724 said the alliance is expected to allow it to expand its reach to banking organizations and private-label credit card issuers worldwide, while allowing Computer Sciences to expand its wireless services business.

The company said Computer Sciences will license, resell and implement 724's Alerts, Banking and Credit Card products to the financial services industry. 724's technology will be integrated with Computer Sciences' Hogan Systems and CAMS II (Card and Merchant System) software products.

724 said it will transition its application hosting business to Computer Sciences' e-HUB Application Hosting facilities.

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