Unisys and Countrywide Financial Extend Outsourcing Relationship; Services for IT Infrastructure Intended to Deliver Benefits of Secure Business Operations, Supporting Countrywide's Aggressive Growth Strategy in Competitive Marketplace

Business Wire, Jan 17, 2006

BLUE BELL, Pa. -- Unisys Corporation (NYSE:UIS) today announced that it has received a contract from Countrywide Financial Corporation (NYSE:CFC), a leading provider of diversified financial services, to provide IT outsourcing services that enable Countrywide to realize key benefits of secure business operations: enhanced efficiency, lower IT costs and greater competitive agility. The contract was signed in the fourth quarter of 2005.

Under the terms of the three-year agreement, Unisys will provide outsourced management and support services for more than 80,000 devices used by more than 30,000 Countrywide employees at more than 800 sites in the United States. The new contract extends the services Unisys has provided Countrywide since 2003.

"Countrywide's managed IT infrastructure must accommodate our aggressive growth strategy and scale as we expand," said Mike Brown, senior vice president, Enterprise Support Services, Countrywide Financial. "We feel Unisys expertise in outsourcing services helps support that infrastructure with maximum operational and cost efficiency."

The key outsourcing services Unisys will provide Countrywide include:

--Support and maintenance services for a range of equipment, including PCs, laptops, servers, network devices and printers;

--Managed equipment deployments and relocation services, including installs, moves, adds and changes (IMACs);

--Asset tracking;

--Unisys Remote Access Management Services solution for employees using the corporate network from remote locations;

--Program management to coordinate service delivery.

"Countrywide has made the decision to focus on financial services, its core business, and manage its distributed IT infrastructure investment through an outsourcing arrangement," said Randy Hendricks, president, Unisys Global Outsourcing and Infrastructure Services. "Unisys outsourcing services can help Countrywide optimize the return on its IT investment, with secure business operations that enable Countrywide to achieve exceptional performance, reduce costs, and gain competitive advantage in a dynamic marketplace."

About Countrywide Financial Corporation

Founded in 1969, Countrywide Financial Corporation (NYSE:CFC) - America's #1 residential lender as ranked by Inside Mortgage Finance (Jan. 28, 2005), Copyright 2005 - is a member of the S&P 500 and Fortune 500. Countrywide, through its subsidiaries, provides mortgage banking and diversified financial services in domestic and international markets. Mortgage banking businesses include loan production and servicing principally through Countrywide Home Loans, Inc., which originates, purchases, securitizes, sells, and services residential loans. The company is headquartered in Calabasas, California and has a workforce of more than 51,000 employees with over 800 offices. For more information about the company, visit Countrywide's Web site at www.countrywide.com.

About Unisys

Unisys is a worldwide technology services and solutions company. Our consultants apply Unisys expertise in consulting, systems integration, outsourcing, infrastructure, and server technology to help our clients achieve secure business operations. We build more secure organizations by creating visibility into clients' business operations. Leveraging Unisys 3D Visible Enterprise, we make visible the impact of their decisions--ahead of investments, opportunities and risks. For more information, visit www.unisys.com.

RELEASE NO.: 0117/8612

http://www.unisys.com/about__unisys/news_a_events/01178612.htm

Unisys is a registered trademark of Unisys Corporation. All other brands and products referenced herein are acknowledged to be trademarks or registered trademarks of their respective holders.