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May 18, 2006

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ACS TO ACQUIRE INTELLINEX...Affiliated Computer Services, Inc. has signed an agreement to acquire Intellinex, LLC, an Ernst & Young LLP enterprise and leader in integrated learning solutions. The transaction is expected to close within 30 days and is subject to Hart-Scott-Rodino approval as well as other customary closing conditions.

EDS SHAKES UP EXECUTIVE TEAM...EDS announced that Chief Operating Officer Ron Rittenmeyer will become part of EDS’ Office of the Chairman, led by Chairman and Chief Executive Officer Mike Jordan and including President Jeff Heller. Rittenmeyer will assume responsibility for all day-to-day operations of the company. Steve Schuckenbrock, who has served as co-COO since 2005 and executive vice president of Global Sales and Client Solutions since 2004, will be leaving the company.

DIEBOLD ENDS OUTSOURCING RELATIONSHIP...Diebold, Incorporated will take over implementation and support responsibilities for its Oracle global enterprise resource planning (ERP) system as well as other IT-related functions, effective June 1, 2006. This decision ends the company's previous IT outsourcing agreement with a third-party provider, DC Outsourcing ITO L.P., an affiliate of Deloitte Consulting LLP.

ARAMARK RETAINS OUTSIDE COUNSEL...ARAMARK Corporation announced that the Special Committee of its board of directors has retained Credit Suisse Securities (USA) LLC as its financial advisor and Shearman & Sterling LLP as its legal counsel in connection with the previously announced proposal received by the board on May 1, 2006 from a group of investors led by Joseph Neubauer, Chairman and Chief Executive Officer of the company, to acquire all of the outstanding shares of the company for $32 per share in cash.

NCO GROUP GETS 'GOING PRIVATE' BID...NCO Group, Inc. has received a proposal from Michael J. Barrist, Chairman and Chief Executive Officer of the Company, to acquire all of the outstanding shares of the company for $27.50 per share in cash. Barrist intends to partner in this transaction with One Equity Partners II, L.P.

ACS LEADS IN NEW DEALS IN 2005...Affiliated Computer Services, Inc. heads a list compiled by Gartner Dataquest of the top 10 outsourcing vendors in terms of business process outsourcing (BPO) or information technology (IT) outsourcing contracts announced in 2005. ACS leads the list with 41 announced deals, followed by IBM with 39, CSC with 27, EDS with 24 and Accenture with 18.

MERCER REPORTS CLIENT GROWTH...Mercer HR Services, the outsourcing business of Mercer Human Resource Consulting, added 11 major clients during the first quarter of 2006. Since 2004, Mercer HR Services has shown a steady increase in new business wins, adding 27 new clients in 2004 and 36 in 2005. Over 70 new clients have been added since the launch of the business.

Posted by jbowles at May 18, 2006 11:06 AM