A
Al C-F
Guest
EL SEGUNDO, Calif., March 13 -- Computer Sciences Corporation (NYSE:
CSC) today announced that the company will not extend its relationship
with Riis Cycling or its professional cycling team past the end of the
current contract, which expires on Dec. 31, 2008.
CSC indicated the decision reflects a shift in priorities as the company
makes new investments to implement a strategic long-term growth plan.
“Our involvement in the sport of cycling has been a positive and
productive experience,” said Henrik Bo Pedersen, the CSC executive
responsible for overseeing the sponsorship. “We will continue to support
the team and exercise our sponsorship rights during the 2008 race
season. At the same time, we are committed to helping the team secure a
new title sponsor.
“Our company and employees have enjoyed our relationship with the
riders, staff and management of Team CSC. We especially wish to thank
each member of Riis Cycling for their dedication and commitment to
making professional cycling a healthy and safe sport.”
CSC) today announced that the company will not extend its relationship
with Riis Cycling or its professional cycling team past the end of the
current contract, which expires on Dec. 31, 2008.
CSC indicated the decision reflects a shift in priorities as the company
makes new investments to implement a strategic long-term growth plan.
“Our involvement in the sport of cycling has been a positive and
productive experience,” said Henrik Bo Pedersen, the CSC executive
responsible for overseeing the sponsorship. “We will continue to support
the team and exercise our sponsorship rights during the 2008 race
season. At the same time, we are committed to helping the team secure a
new title sponsor.
“Our company and employees have enjoyed our relationship with the
riders, staff and management of Team CSC. We especially wish to thank
each member of Riis Cycling for their dedication and commitment to
making professional cycling a healthy and safe sport.”