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ACS Awarded Congestion
Affiliated Computer Services, Inc., a premier provider of business process and information technology outsourcing solutions, announced it has been chosen by PierPASS, Inc., a consortium of terminal operators at the Ports of Los Angeles and Long Beach, to develop and operate PierPASS, a peak-hour fee collection program to reduce port congestion in Southern California. The contract is valued at approximately $12 million over three years with two, two-year renewal options.“Cargo volume is expected to double by 2010 and PierPASS will help to alleviate congestion and provide shippers with greater flexibility,” said Bruce Wargo, General Manager of PierPASS. “We chose ACS to implement and operate this program because they are a proven technology integrator with the experience to support a program of this volume and complexity.”
The PierPASS technology and supporting services are being developed and operated by ACS. This innovative solution will reduce intermodal truck congestion in the port area and on area highways by charging a traffic mitigation fee on certain marine container shipments that arrive or leave the port terminals during peak periods. The collected fees will be used to pay for extended hours of operation at the ports with the ultimate objective of encouraging the movement of cargo during off-peak periods.
“ACS is honored to be a part of the development of a system that will reduce congestion at the Los Angeles and Long Beach ports, as well as help to improve air quality and increase the productivity of the ports,” said John Brophy, Group President of ACS State and Local Solutions. “ACS is a leading provider of electronic fee collection systems and services in the transportation industry.”
The West Coast Marine Terminal Operators created PierPASS, Inc., as a special purpose entity to administer an innovative private sector solution to reduce congestion and pollution in and around the ports of Los Angeles and Long Beach.
ACS, a FORTUNE 500 company with more than 47,000 people supporting client operations in nearly 100 countries, provides business process and information technology outsourcing solutions to world-class commercial and government clients. The company’s Class A common stock trades on the New York Stock Exchange under the symbol “ACS”. ACS makes technology work. Visit ACS on the Internet at http://www.acs-inc.com .
The statements in this news release that do not directly relate to historical facts constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company’s control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Factors could cause actual results to differ materially from such forward-looking statements. For a description of these factors, see the Company’s prior filings with the Securities and Exchange Commission, including our most recent filing. ACS disclaims any intention or obligation to revise any forward-looking statements, whether as a result of new information, future event, or otherwise.
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