MDS signs global technology outsourcing agreement with IBM

Markham, ON September 30, 2003 MDS and IBM Canada say they have signed a seven-year global technology services outsourcing agreement. The projected C$265-million agreement includes PCs, servers, helpdesk and network outsourcing.

MDS says the agreement is a key component of its strategic initiative to change the way it does business, enabling it to build a common platform that will allow it to integrate future acquisitions faster and at a lower cost.

“By outsourcing services such as IT, we can concentrate our resources on our clients and growth opportunities in our international healthcare markets” says Alan Torrie, executive vice president, global markets and technology with MDS. “We chose IBM to help us achieve this because not only do they provide the global resources we require, but they understand our business, our people and our values.”

As a result of this agreement, 78 MDS employees will be transitioning to IBM in North America.