Accenture Reaches New Agreement with U.K. Government
LONDON--(October 1, 2010)--Accenture (NYSE:ACN) has reached agreement on a Memorandum of Understanding (MOU) with Her Majesty's Government (HMG) on existing work across the government and has put forward proposals on how efficiencies could be achieved in any future work.
Under the agreement, all current contracts have been retained and will be delivered according to plan. Accenture continues to build on its past performance of strong work, and the MOU marks a new phase in the successful relationship with HMG.
"We are delighted to have reached this new agreement with HMG to deliver our existing contracts. Accenture is committed to helping the Government achieve its savings," said David Thomlinson, managing director of Accenture's business in the United Kingdom and Ireland.
Accenture has also outlined a new framework of innovative new ideas on how HMG can achieve further efficiencies this year and beyond.
"We look forward to continuing our conversation on how we can deliver these innovative ideas and increase savings for the HMG and the U.K. taxpayer," said Mark Lyons, managing director of Accenture's Health & Public Service group in the United Kingdom.
Accenture is a global management consulting, technology services and outsourcing company, with approximately 204,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world's most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$21.6 billion for the fiscal year ended Aug. 31, 2010. Its home page is www.accenture.com.
Mark Radvanyi, + 44 20 7844 5406
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