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FOR IMMEDIATE RELEASE
February 7,  2008
For additional information: info@intact-tech.com

Intact Technology Awarded Contract with CSC to Support the Pension Benefit Guarantee Corporation

Company to Provide Infrastructure Management Services to Improve Efficiencies and Reduce Costs
 

Lanham, MD – February 7, 2008 Intact Technology today announced it has won a contract provide information technology (IT) infrastructure operations support to Pension Benefit Guarantee Corporation (PBGC) along with Computer Sciences Corporation (CSC). CSC estimates the value of the contract to be $70 million if all options are exercised and will have a one-year base period and four one-year options.

The PBGC was created by the Employee Retirement Income Security Act of 1974 to encourage the continuation and maintenance of private-sector benefit pension plans, provide timely and uninterrupted payment of pension benefits and keep pension insurance premiums at a minimum. This year, PBGC will insure and protect the pensions of nearly 44 million workers and retirees nationwide in 33,330 pension plans.

Under the terms of the subcontract agreement Intact Technology will assist CSC in supporting ITIL related initiatives with, PBGC , and its business stakeholders to restructure current IT operational support services by consolidating four current contracts. As a subcontractor to CSC, Intact will provide services to transition PBGC from technology-based offerings to service-based offerings with the implementation of technology and process innovations. The application of a performance-based management approach to delivering services will maximize PBGC's current investments, reduce total cost of ownership and optimize end-user service.

"Through serving many public sector customers we have found a growing willingness and understanding from IT departments to take ownership of good process development,” said Todd Johnson, CEO of Intact Technology. “PBGC understands benefits will include lower IT operation and resource costs and fewer network and system errors which means its employees can focus on providing efficient customer service to its pension holders and not concerns over downtime or incident management.”

The Pension Benefit Guarantee Corporation is looking consolidate its current infrastructure management system and utilize best practices from both commercial and government programs to develop a clear path for maximizing return on investment. The goal is to implement technology and process driven innovations that reduce risk and apply a performance based management approach to delivering services.

“Budgetary controls and labor force productivity pressures are requiring agencies to do more with less,” said Martin Burke, President of Intact Technology's Public Sector Division. “They need to improve operations and enhance departmental collaboration to continue its service to protect the retirement of our country's workforce and retirees.”

About Intact Technology
Intact Technology, Inc. is an end to end solutions provider that works closely with public and private sector clients who are investing in improvements in their IT infrastructure. Since investments in “infrastructure management” generate the largest single impact on an organization’s revenue and service capability, Intact understands that each dollar spent must match an essential business need and maximize ROI. Organizations seeking to reduce costs, fully manage assets to improve efficiency, create a more responsive IT environment, and decrease the complexity of IT service delivery fit the profile of an Intact client. From 1994 to the present, Intact has supported numerous domestic and international clients in various industries including public utilities, financial services, pharmaceutical, government, technology, retail and manufacturing.

 

 
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