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ACS Provides Electronic Payment Card for Unemployment Benefits in Oklahoma
 

DALLAS, Nov. 20 /PRNewswire-FirstCall/ -- Oklahomans will have a faster and more convenient way to access unemployment insurance benefits, following an announcement today that Affiliated Computer Services, Inc. (NYSE: ACS) will provide the Oklahoma Employment Security Commission with electronic payment card (EPC) services. The system will become active December 1, 2008.

Under the five-year agreement, unemployment insurance benefits will be available on a MasterCard-branded debit card that can be used to access funds at banks and ATMs, and to pay for goods and services. Through a partnership with Bank of Oklahoma, cardholders will receive special opportunities for fee-free ATM and teller withdrawals.

The EPC solution means lower costs for the state to produce and mail benefit checks, and fewer returned, lost, or stolen checks. Clients gain more secure access to funds, freedom from fees at check cashing outlets, and the convenience of a debit card widely accepted by retailers.

"ACS not only has helped the state become more efficient, but also created a system that significantly improves the experience for our citizens," said Jon Brock, executive director of the Oklahoma Employment Security Commission. "The electronic payment card is a win-win solution for Oklahoma."

EPC for benefits and payments in the government area is an innovation pioneered by ACS, and is used by 15 states and the federal government. In Oklahoma, EPC is also used to access child support payments, Temporary Assistance to Needy Families, and State Supplemental Payments.

"For states that use electronic payment cards for unemployment insurance, EPC has proven to save millions of dollars each year, along with added convenience and security," said Joe Doherty, executive vice president and group president of ACS' Government Solutions Group. "Our EPC solution is just one way that ACS is committed to helping state agencies make a real difference for their constituents."

ACS is the largest provider of BPO services and one of the largest IT service providers to the nation's public sector. We serve as an operational partner to more than 1,500 agencies at all levels of government located in every state in the U.S.

The work of ACS touches millions of people every day. Each year, for example, ACS processes more than half of the nation's child support payments; processes nearly 550 million Medicaid claims totaling more than $42 billion in payments; handles more than half of the electronic toll transactions in the U.S.; facilitates more than 185 million online searches for unclaimed property; and services student loans for more than nine million borrowers.

About ACS

ACS, a global FORTUNE 500 company with approximately 63,000 people supporting client operations reaching more than 100 countries, provides business process outsourcing and information technology solutions to world-class commercial and government clients. The company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS." Learn more about ACS at http://www.acs-inc.com.

The statements in this news release that do not directly relate to historical facts constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company's control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Factors could cause actual results to differ materially from such forward-looking statements. For a description of these factors, see the Company's prior filings with the Securities and Exchange Commission, including our most recent filing. ACS disclaims any intention or obligation to revise any forward-looking statements, whether as a result of new information, future event, or otherwise.


SOURCE Affiliated Computer Services, Inc.