Computer Sciences Corporation (CSC) is an information technology services company that saw record revenues and earnings in fiscal year 1997. Some key events included winning $9 billion in new contracts, acquiring companies in the financial services and healthcare industries to expand its capabilities, and forming new vertical market organizations in financial services and healthcare. CSC also is well-positioned to help clients address the upcoming "Year 2000" computer issue. The company's chairman expressed optimism about CSC's prospects given its world-class offerings and talented employees.