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: JUNE 12, 1996
(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
<PAGE>
Items 1-4. N/A
Item 5. Other Events
------------
The Registrant's press releases, published June 12, 1996
and June 13, 1996, attached hereto as Exhibits 99(a) and
99(b), are hereby incorporated by reference in answer to this
Item.
Item 6. N/A
Item 7. Financial Statements and Exhibits
---------------------------------
(c) Exhibits
--------
Exhibit Description
------- -------------------------------------
99(a) Press release published June 12, 1996.
99(b) Press release published June 13, 1996.
Item 8. N/A
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 June 14, 1996.
Computer Data Systems, Inc.
By /s/ Wyatt D. Tinsley
---------------------
Wyatt D. Tinsley
Executive Vice President
(Principal Financial and Accounting Officer)
<PAGE>
EXHIBIT INDEX
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Sequentially
Exhibit No. Description Numbered Page
- ----------- ----------- -------------
99(a) Press release published June 12, 1996 4
99(b) Press release published June 13, 1996 6
EXHIBIT 99(a)
For Immediate Release: June 12, 1996 NASDAQ Ticker
Symbol: CDSI
COMPUTER DATA SYSTEMS, INC. ANNOUNCES CORPORATE REORGANIZATION
Contact: Sandy Christopher (301) 921-7044
ROCKVILLE, MARYLAND, JUNE 12, 1996---CDSI Chief Executive Officer and President
Peter A. Bracken announced today a plan, which will be effective July 1, 1996,
to reorganize the Company into two business units - the CDSI Information
Technology Solutions Company (ITS) and the CDSI Business Applications Solutions
Company (BAS). These business units will function as distinct companies with
different lines of business, but will not be formally incorporated or function
as separate legal entities.
"This reorganization strengthens CDSI's business structure, promotes efficiency,
and favorably positions the Company for future growth," said Bracken. "The
organization of these two business units allows us to leverage the existing
strengths of our people so that we can more effectively respond to our
customers' needs."
ITS will combine CDSI's present Systems Engineering Group and Professional
Services Group. "Such a combination seems natural as the lines of business of
these groups are similar and presently overlap," said Bracken. "With the
combined power and synergy of these two organizations, I'm very excited about
the growth potential of ITS."
CDSI's current Executive Vice President of Business Development Mary Ann Mayhew
will be appointed as President of ITS. The present management of both the
Professional Services and the Systems Engineering Groups will play key roles in
ITS. Professional Services Group's Ed Johnson will serve as Senior Vice
President of Operations for ITS and will support Mayhew's efforts in carrying
out the day-to-day operations of this business unit. Systems Engineering
Group's Bill Gray will serve as Executive Vice President of Pacific and Eastern
Zone General Services Administration (GSA) Programs and will have specific
responsibilities for winning and growing contracts for ITS.
"ITS will continue offering a full range of information technology support to
CDSI's government customers, including the migration of mainframe legacy
applications to client/server environments, network integration,
telecommunications support, application software development and maintenance,
and automated office systems support," said Mayhew.
Mayhew has been involved - through both her business development and contracts
role - in dealing with CDSI's customers and their special needs.
In addition to the above role, Bracken will appoint Gray to be CDSI's Executive
Vice President primarily responsible for CDSI's Argentina operations and, in
that capacity, will report directly to Bracken.
<PAGE>
CDSI Executive Vice President Tom Green will be appointed as President of BAS.
In this capacity, Green will be responsible for all of CDSI's processing
services, outsourcing, and financial software business, including one of CDSI's
largest clients - the Department of Education supporting the Direct Student Loan
Program.
"Additionally, Tom's charter will be to not only continue to grow federal
government business, but to 'lead the charge' into our many new opportunities in
the commercial world," said Bracken.
As part of the reorganization, CDSI is announcing the creation of a new
organization to help further CDSI's growth potential. This new organization,
which will be known as the Corporate Development Group, will be responsible for
strategic planning, the annual business plan preparation, and merger/acquisition
opportunities.
"These are exciting times for CDSI," said Bracken. "I firmly believe that we
are favorably positioned in a rapidly growing, competitive market. We have the
resources and vision necessary to grow."
Computer Data Systems, Inc. (CDSI) is a recognized leader in providing broad-
based information technology solutions for government and commercial customers.
As one of the foremost federal system integrators and system developers in the
United States, CDSI provides customers with innovative applications for
enhancing their business processes -- enabling customers to realize cost
efficiencies, provide better service, and introduce new capabilities. CDSI's
services include systems integration, custom software development, data center
management, proprietary applications software, CASE tools, and value-added
processing.
EXHIBIT 99(b)
For Immediate Release: June 13, 1996 NASDAQ Ticker
Symbol: CDSI
COMPUTER DATA SYSTEMS, INC. (CDSI) REWINS CONTRACT WITH THE GENERAL SERVICES
ADMINISTRATION INFORMATION TECHNOLOGY SERVICE FOR FEDERAL INFORMATION PROCESSING
FACILITIES MANAGEMENT SUPPORT SERVICES IN THE SOUTHEAST SUNBELT AND GREAT LAKES
REGIONS
Contact: Sandy Christopher (301) 921-7044
ROCKVILLE, MARYLAND, JUNE 13, 1996---Computer Data Systems, Inc. (CDSI)
announced today they have been re-awarded a contract by the General Services
Administration (GSA) Information Technology Service to provide Federal
Information Processing Facilities Management Support Services for the Southeast
Sunbelt and Great Lakes Regions. The contract is for a base period and four 1-
year options. If all options are exercised, the total estimated value of the
contract is approximately $200 Million. CDSI has served as the incumbent
Facilities Management Support contractor for these regions since 1988, employing
approximately 900 personnel.
"We look forward to a continued working partnership with GSA through this
contract," said CDSI Chief Executive Officer and President Peter A. Bracken.
CDSI's Technology Systems Division will support GSA Information Technology
Service Regional Federal Information Systems Support Program needs, and those of
client agencies for whom those GSA regions are acting as an agent by providing:
facilities planning; technical support; computer systems administration,
management and maintenance; network system management support, local area
networks and wide area networks; computer/network systems operations; data
entry; production support; and graphics systems support services. The Southeast
Sunbelt and Great Lakes Regions encompass: Alabama, Florida, Georgia,
Mississippi, North Carolina, South Carolina, Illinois, Michigan, Minnesota, and
Wisconsin; with optional support for Kentucky, Tennessee, Indiana, and Ohio.
Computer Data Systems, Inc. (CDSI) is a recognized leader in providing broad-
based information technology solutions for government and commercial customers.
As one of the foremost federal system integrators and system developers in the
United States, CDSI provides customers with innovative applications for
enhancing their business processes -- enabling customers to realize cost
efficiencies, provide better service, and introduce new capabilities. CDSI's
services include systems integration, custom software development, data center
management, proprietary applications software, CASE tools, and value-added
processing.
