RolloverSystems Partners With Unisys To Provide Systems Integration, Hosting Services For Clients

Unmatched Experience In Financial Services Arena Makes Unisys 'Perfect Strategic Partner' To Implement 401(k) Rollover Technology

CHARLOTTE, N.C. (July 17, 2003) -- RolloverSystems Inc. today announced that Unisys Corp. (NYSE: UIS) will provide systems integration and other critical services to support the delivery of RolloverSystems' technology-based 401(k) rollover products and services to financial institutions and other key distribution channel partners.

In addition to systems integration services, Unisys will provide hosting services and ongoing maintenance for RolloverSystems' licensed software applications, which offer a fast, convenient, and financially savvy way for job changers to roll over retirement savings from a former employer's 401(k) plan to an Individual Retirement Account (IRA).

Unisys, based in Blue Bell, PA., processes half of the world's checks and serves 22 of the top 25 global banks. The technology services company has expertise in systems integration, outsourcing, infrastructure, server technology and consulting.

"With its strong domain knowledge of the financial services industry, deep experience in systems integration and its leadership in business process outsourcing, Unisys is the perfect strategic partner for us," said Reginald Bowser, president and chief executive officer of RolloverSystems. "Our alliance will allow us to deliver world-class implementation while at the same time permit RolloverSystems to focus on our core competency, which is developing the best software for our customers."

"RolloverSystems has developed a uniquely flexible technology platform that facilitates acquisition of new Rollover IRA accounts and retention of existing 401(k) account holders, which is clearly a growing need among financial institutions" said John Hagen, partner in the Global Financial Services practice at Unisys. "Our role in providing systems integration, hosting, and maintenance can enable this technology to operate seamlessly across the spectrum of applications RolloverSystems envisions for it."

RolloverSystems' technology allows 401(k) plan participants to select the most suitable retirement savings vehicle from among competing financial institutions or, in the case of private-label applications, from among a single financial institution's family of investment products. The software, developed using Microsoft.NET technology, is fully scalable and flexible enough to be integrated into a wide variety of technology platforms employed by HR technology companies, financial institutions, and websites that serve RolloverSystems' target market.

RolloverSystems' first product, RolloverMarket, is already available direct to consumers at www.rollovermarket.com. Introduced in March, RolloverMarket allows 401(k) plan participants to go online, fill out a simple form and receive multiple IRA offers from competing top-tier financial institutions. Using RolloverSystems' unique technology, a plan participant can choose an offer and complete all of the paperwork needed to affect the transfer of funds to the new IRA in as little as 25 minutes-dramatically simpler and faster than the traditional rollover process, which can take up to eight weeks.

Financial institutions offering IRAs through the RolloverSystems Network include J.P. Morgan Chase & Co., TDWaterhouse Investor Services and Harrisdirect. The company plans to sign additional financial institutions to the Network in the coming weeks.

About Unisys

Unisys is a worldwide information technology services and solutions company. The people of Unisys combine expertise in systems integration, outsourcing, infrastructure, server technology and consulting with precision thinking and relentless execution to help clients, in more than 100 countries, quickly and efficiently achieve competitive advantage. For more information, visit www.unisys.com.

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