UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report: MARCH 1, 1995
(Date of earliest event reported)
COMPUTER DATA SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
Commission file number 1-6002
MARYLAND 52-0882982
(State or other jurisdiction (IRS Employer ID No.)
of incorporation or organization)
ONE CURIE COURT
ROCKVILLE, MARYLAND 20850-4389
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (301) 921-7000
Items 1-4. N/A
Item 5. Other Events
The Registrant's press release, published March 1, 1995, attached
hereto as Exhibit 20, is hereby incorporated by reference in answer to
this Item.
Item 6. N/A
Item 7. Financial Statements and Exhibits
(c) Exhibits
Exhibit Description
(20) Press release published March 1, 1995.
Item 8. N/A<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized, in Rockville, Maryland on March 2, 1995.
Computer Data Systems, Inc.
By: /s/ Wyatt D. Tinsley
Wyatt D. Tinsley
Executive Vice President
(Principal Financial and Accounting Officer)
EXHIBIT INDEX
Sequentially
Exhibit No. Description Numbered Page
(20) Press release published March 1, 1995 4<PAGE>
Exhibit 20
CDSI PRESS RELEASE:
SETTLEMENT REACHED ON DOE
SUPPORT SERVICES CONTRACT
For Immediate Release: March 1, 1995
NASDAQ Ticker Symbol: CPTD
Contact: Judi Kahn (301) 921-7074 or Mary Ann Mayhew (301)
921-7053
Computer Data Systems, Inc. announced today that it has reached a
settlement agreement with the Department of Energy and DynCorp on a
contract to provide Information Resources Management support services
to the Department of Energy. The settlement will foreclose all
litigation regarding the award of the contract.
Under the settlement, CDSI becomes a subcontractor to DynCorp for the
life of the contract, including extensions, for approximately 50
percent of the estimated level of effort. The division of work is
based on the functional areas set forth in the solicitation. The
expected value of the subcontract, over the three year base period and
two one year options, is $120 million.
CDSI President and Chief Executive Officer Gordon S. Glenn commented,
"We are very pleased to have reached a settlement agreement with the
Department of Energy and DynCorp, and look forward to providing
continued services to the Department of Energy."
CDSI and their third tier subcontractors (which include Research
Management Consultants, Inc.; Z, Inc.; and PRESEARCH) will perform
automated office systems support, telecommunications and network
services, video, training, security, and technical assessment.
DynCorp and their subcontractors will perform applications development
and maintenance, computer center management, crisis management, field
IRM, records management, and IRM planning.
Computer Data Systems, Inc. (CDSI) provides broad-based information
technology solutions for government and commercial customers. CDSI's
services include systems engineering, custom software development,
systems integration, data center management, proprietary applications
software, CASE tools, and value-added processing. CDSI currently
supports 185 contracts from 26 office locations throughout the United
States.<PAGE>
