EXHIBIT 99.1
FOR IMMEDIATE
RELEASE
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Investor
Relations Contact
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Media
Contact
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Lesley
Pool
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Executive Vice
President/
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Senior Vice
President/
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Chief Marketing
Officer
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Affiliated
Computer Services, Inc.
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Affiliated
Computer Services, Inc.
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214-841-8028
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warren.edwards@acs-inc.com
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lesley.pool@acs-inc.com
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ACS Announces Offering of Senior
Notes
DALLAS, TEXAS:
May 31, 2005 — Affiliated
Computer Services, Inc., (NYSE: ACS), a premier provider of
business process and information technology outsourcing solutions,
announced today that it has commenced an offering of
$500 million total aggregate principal amount of its Senior
Notes due June 2010 and its Senior Notes due
June 2015.
The Company intends to apply the
net proceeds from the offering toward the repayment of a portion of
its indebtedness under its $1.5 billion credit facility, part
of which was incurred in connection with the Company’s
recently completed acquisition of the human resources consulting
and outsourcing businesses of Mellon Financial
Corporation.
The Company is offering the notes
to the public by a prospectus supplement and prospectus, which is
part of a registration statement declared effective by the U.S.
Securities and Exchange Commission. Citigroup Global Markets Inc.,
Goldman, Sachs & Co. and J.P. Morgan Securities Inc. are acting
as the joint book-running managers.
Copies of the prospectus
supplement and prospectus may be obtained from Citigroup Global
Markets Inc. at Brooklyn Army Terminal, 140 58th Street, 8th Floor,
Brooklyn, New York 11220 (tel: 718-765-6732); Goldman, Sachs &
Co. at 85 Broad Street, Attention: Prospectus
Department,
