Unisys and Unibanco Expand Outsourcing Relationship in $47 Million Deal to Support Retail Banking IT Infrastructure

BLUE BELL, Pa., June 21, 2006 – Unisys Corporation (NYSE: UIS) today announced that its Brazilian subsidiary will provide IT infrastructure outsourcing services to Brazil’s Unibanco (NYSE: UBB), one of the largest financial institutions in Latin America and the third largest private bank in Brazil. The five-year deal has a total potential value to Unisys of approximately $47 million. The Unisys services are designed to provide Unibanco with higher ATM and infrastructure availability, a more efficient IT infrastructure managed by one service provider, and lower IT costs, all in an effort to provide Unibanco with greater competitive agility.



Under the expanded relationship, which includes a number of agreements, some executed in the fourth quarter of 2005 and some in the first quarter of 2006, Unisys will provide outsourced management and support services for Unibanco’s entire retail banking technology infrastructure. This includes more than 17,390 banking automation devices and 7,576 ATMs deployed across 1,150 branches in Brazil and supporting the bank’s 19.3 million retail banking customers. This contract establishes Unisys as the bank’s single retail banking infrastructure service provider and builds on the relationship Unisys has had with Unibanco since 2003.



“Optimal efficiency in using our technology is critical to Unibanco’s retail growth strategy,” said Geraldo Travaglia Filho, corporate vice president, Unibanco Planning, Controls, Operations and Institutional Relations. “By outsourcing our infrastructure support to Unisys, we can maximize IT investments to focus resources more effectively on improving sales and customer service. Unisys expertise in outsourcing, as well as its deep industry knowledge in financial services, gives Unibanco a valuable partner to support our infrastructure with excellent operational and cost efficiency as we expand the services we provide our banking customers.”



The key outsourcing and related services Unisys will provide Unibanco include:

* Support and maintenance services for automated teller machines (ATMs) and check dispensers;
* Support and maintenance services for a range of banking automation equipment, including PCs, laptops, servers, network devices and printers;
* IT help desk services for the Unibanco’s retail banking employees, delivered from the Unisys Managed Service Centre (MSC) in Sao Paulo, Brazil; and
* Proactive management of the bank’s network ATMs facilitated via remote ATM monitoring services delivered from the Unisys MSC.

“Unibanco has a reputation for being ahead of the curve in using technology to expand the boundaries of retail banking, and Unisys looks forward to helping the bank continue its leadership role,” said Deborah Guerra, vice president and general manager, Unisys Global Outsourcing and Infrastructure Services, Latin America. “We believe that the innovation and commitment to execution that Unisys brings to outsourcing engagements can help Unibanco maximize the return on its IT investment and capitalize on secure business operations that lead to enhanced customer service and real competitive advantage.”





About Unibanco
Unibanco is the third-largest Brazilian private bank, with more than 80 years of history and activity in the market. The bank is present in every segment of the financial market, offering a broad and complete range of services to a diversified customer base.


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.



Forward Looking Statement
Any statements contained in this release that are not historical facts are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. All forward-looking statements rely on assumptions and are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. In particular, statements in this release regarding the anticipated value of the contract are based upon assumptions regarding future volumes of business, which are based on factors such as the number of pieces of equipment under maintenance, the locations where the equipment is located and the number of calls received by Unisys. Because these volumes are subject to change and there are no minimum contracted levels of business, and because the agreement is terminable before the end of its term, the estimated value of the engagement is not guaranteed. Additional discussion of factors that could affect Unisys future results is contained in periodic filings with the Securities and Exchange Commission.

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RELEASE NO.: 0606/8681
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.

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