Unisys-Led Consortium Improves Data Security and Enhances Smart Border Control for the European Union

Rhea-AI Summary

Unisys Corporation (NYSE: UIS) has secured a four-year contract valued at up to US$216 million to support the EU's eu-LISA agency, enhancing IT systems for border management. The consortium, including Uni Systems and Wavestone, will provide consulting, project delivery, and support services. The project focuses on biometric authentication and mobile integration to improve border security and streamline passenger flow. The contract's maximum value is contingent on service usage, with no guaranteed orders, highlighting potential revenue uncertainty.

Positive

• Contract worth up to US$216 million, enhancing revenue potential.
• Partnership with experienced consortium members adds credibility.
• Improvements in border control efficiency and security through smart technology.

Negative

• Contract value is not guaranteed; payment is contingent on services rendered.
• Potential for reduced contract duration at eu-LISA's discretion.

BRUSSELS and BLUE BELL, Pa., July 20, 2021 /PRNewswire/ -- Unisys Corporation (NYSE: UIS) today announced a four-year contract to support a range of services for the European Union. In partnership with Uni Systems and Wavestone, the Unisys-led consortium will consult on the design of major European IT systems to support eu-LISA, the European Union Agency for the Operational Management of Large-Scale IT Systems in the Area of Freedom, Security and Justice. The contract has a maximum value of US$216 million (EUR 181 million) and was awarded based on the deep industry knowledge provided by the consortium.

Signed in the fourth quarter of 2020, the agreement covers a wide range of services and the consortium will be providing end-to-end support from defining and consulting on new services through overseeing project delivery, testing and quality control. As part of the new developments set to take place, the consortium will be providing critical support in the rollout of new smart technology. This includes biometric authentication and mobile enablement, as eu-LISA continues to upgrade and streamline passenger flow. These smart systems will dramatically improve travel across the region, lowering waiting times at border controls and providing a higher level of security.

The contract was awarded to the Unisys-led consortium as part of a public tender for the Transversal Engineering Framework (TEF). This framework includes the design, provision, testing and support of core business systems and interoperability components. Under the contract, the consortium will be responsible for the delivery of critical infrastructure, while ensuring that compliance, security and data protection requirements are all upheld to the highest standard.

The Unisys-led consortium was selected for its in-depth and long know-how of EU Border Control legislation and design, as well as experience in the management of critical information systems. This expertise is the result of decades of studies and projects supporting the EU smart border control strategy. The consortium's technical experts will work together to consult on, integrate and provide quality control for the application infrastructure of eu-LISA.

"We have worked with the European Union for more than a decade and this latest contract represents the team dedication and deep industry knowledge in the area of migration and Home Affairs," said Bill Brown, senior vice president and general manager, Business Platforms and Services, Unisys. "Technology plays a vital role in creating a safer and better Europe, and we are thrilled to support and enable eu-LISA in achieving its short- and long-term vision. By forming this unique consortium, we are able to support the continued needs of the European Union as it expands and grows its mission, offering the best service and implementation available for an easier traveler journey and in general enhancement of free travel of people in Europe."

Nikos Psimogiannos, International Business Unit Director of Uni Systems, stated, "We are honored to have eu-LISA's entrustment to engage in this highly strategic contract. The critical role of the contracts' services in eu-LISA's mission regarding the implementation of the EU asylum, border management and migration policies and its sheer size indicate and verify Uni Systems' solid positioning in the European ICT industry, supporting our clients' strategies in 26 countries. It marks our team's international business success story; an achievement that comes as a result of our consistent strong values."

Forward-Looking Statements
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, the total value of the contract for which the consortium led by Unisys is entitled to perform services was determined by eu-LISA as a maximum. Statements in this release regarding the estimated value of the contract are based on assumptions regarding the volume of services to be delivered to eu-LISA. The contract allows eu-LISA to pay only for the services used and there is no obligation for eu-LISA to procure any services; therefore, no specific orders or contract value is guaranteed. Orders for services will be placed with the Unisys-led consortium or other selected bidders by eu-LISA. The contract ordered value will be shared between the consortium partners. The contract duration stated above is not guaranteed and could be reduced at eu-LISA discretion, or extended for twelve months twice according to an automatic renewal clause. Pricing may be subject to adjustment under certain circumstances, such as periodic benchmarking surveys. Additional discussion of factors that could affect Unisys future results is contained in periodic filings with the Securities and Exchange Commission.

About eu-LISA
eu-LISA is the mission-critical European Union Agency established to provide a long-term solution for the operational management of large-scale IT systems, which are essential instruments in the implementation of the asylum, border management and migration policies of the EU.

eu-LISA was established in 2011 to strengthen the management of the EU external borders through a more efficient use of IT tools and technologies. A vital part of the agency's mission is to offer dedicated technology to ensure the protection of Europe's citizens, and to increase internal security.

The Agency currently manages Eurodac, the second generation Schengen Information System (SIS) and the Visa Information System (VIS). Further to these, eu-LISA is developing the Entry/Exit Sysytem (EES), the European Travel Information and Authorisation System (ETIAS) and the European Criminal Records Information System - Third-Country Nationals (ECRIS-TCN).

About Unisys
Unisys is a global IT solutions company that delivers successful outcomes for the most demanding businesses and governments. Unisys offerings include digital workplace services, cloud and infrastructure services, software operating environments for high-intensity enterprise computing, business process solutions and application development services. Unisys integrates security into all of its solutions. For more information on how Unisys delivers for its clients across the government, financial services and commercial markets, visit www.unisys.com.

Follow Unisys on Twitter and LinkedIn. 

RELEASE NO.: 0720/9842

Unisys and other Unisys products and services mentioned herein, as well as their respective logos, are trademarks or registered trademarks of Unisys Corporation. Any other brand or product referenced herein is acknowledged to be a trademark or registered trademark of its respective holder.

UIS-C

 

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SOURCE Unisys Corporation

FAQ

What is the value of Unisys's new contract with the EU?

The contract is valued at up to US$216 million.

What services will Unisys provide under its new contract with eu-LISA?

Unisys will provide consulting, project delivery, and support services for IT systems.

Who is part of the consortium awarded the contract by eu-LISA?

The consortium includes Unisys, Uni Systems, and Wavestone.

When was the contract with eu-LISA signed?

The contract was signed in the fourth quarter of 2020.

How does the contract impact Unisys's revenue?

The contract could significantly enhance revenue, but the actual value depends on service usage.