ABM Industries Signs Services Agreement With IBM
Company Amends Terms and Roles for IT Services and Support
NEW YORK, NY . — ABM Industries Incorporated (NYSE:ABM) today announced that the Company and IBM have entered into a amended master professional services agreement and a transition agreement which, taken together, modify the scope and terms of IT services to be provided to the Company by IBM under the master professional services agreement signed by the two companies on October 1, 2006.
The execution of the amended master professional services agreement and transition agreement is part of the Company’s ongoing enterprise-wide effort to build an integrated, scalable IT platform to better support current business and future growth. As part of the Company’s IT strategy, certain IT services previously provided by IBM will either be assumed by the Company or provided by third-party providers. The Company will continue to look to IBM for data center services and support. Under a separate agreement, ABM will leverage IBM’s expertise to support the Company’s ongoing upgrade of its enterprise resource systems and to provide project support on future IT system implementations.
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