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COVANSYS SCHEDULES CONFERENCE CALL FOR MAY 4, 2006 TO DISCUSS
FIRST QUARTER 2006 FINANCIAL RESULTS
FARMINGTON HILLS, Mich., May 2, 2006 /PRNewswire-FirstCall
via COMTEX News Network/ -- Covansys
Corporation (a CSC company), a global consulting and technology
services company, today announced that the company will host
a conference call on Thursday, May 4, 2006 at 10:00 a.m. Eastern
Time to discuss its financial results for the first quarter ended
March 31, 2006. Interested parties may access the call by dialing
800-265-0241 or 617-847-8704 from outside North America and entering
the passcode 37643638. The call may also be accessed via the
Internet on the company's website, http://www.covansys.com.
A replay of the call will be available beginning at approximately
1:00 p.m. on May 4, 2006 through midnight on May 18, 2006 by dialing
888-286-8010 or 617-801-6888 and entering the passcode 19963595.
The replay will also be available on the company's website, http://www.covansys.com,
for 90 days.
About Covansys
Headquartered in Michigan, Covansys Corporation (Nasdaq: CVNS)
is a global consulting and technology services company specializing
in industry-specific solutions, strategic outsourcing and integration
services. Clients gain competitive advantage by leveraging our
unique delivery capability to achieve rapid deployment, world-class
quality and reduced costs. Covansys is well known in application
maintenance and development outsourcing in the healthcare, financial
services, retail and distribution, manufacturing, telecommunications
and high-tech industries. Founded in 1985, Covansys now has more
than 7,000 consultants and employees worldwide. Covansys was one
of the first U.S.-based IT services companies to establish offshore
facilities in India, and is a pioneer in seamlessly integrating
offshore capabilities into its offerings. Two of the company's
three wholly owned development centers in India are assessed at
Level 5 in SEI CMM(R), all three are ISO 9001:2000 certified and
assessed at Level 5 in PCMM(R), and five global facilities are
BS7799-2:2002 certified. Visit our website: www.covansys.com.
Safe Harbor Statement
With the exception of statements regarding
historical matters and statements concerning our current status,
certain matters discussed
herein are forward-looking statements that involve substantial
risks and uncertainties. Such forward-looking statements may be
identified by the words "anticipate," "believe," "estimate," "expect" or "intend" and
similar expressions. Our actual results, performance or achievements
could differ materially from these forward-looking statements.
Factors that could cause or contribute to such material differences
include internal control weaknesses, impact of changes in estimates
on fixed price projects, variability of operating results, failure
to recruit, train and retain skilled IT professionals, exposure
to regulatory, political and general economic conditions in India
and Asia, short term nature and termination provisions of contracts,
competition in the IT services industry, economic conditions unique
to clients in specific industries, the success of the company to
negotiate contract renewals at comparable terms, decline in profitability
of European operations, public sector budget constraints, limited
protection of intellectual property rights, and risks related to
merger, acquisition and strategic investment strategy.
Contact:
Investors:
James S. Trouba
(248) 848-2267
email: jtrouba@covansys.com
Media:
Dorothy Chisholm,
(248) 848-2283
email: Dchisholm@covansys.com
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