ACS Renews and Expands BPO Contract With First Horizon Home Loan Corporation

DALLAS, Sept. 25 /PRNewswire-FirstCall/ -- Affiliated Computer Services, Inc. , a premier provider of business process outsourcing and information technology solutions, announced today that it has been awarded a renewed and expanded business process outsourcing (BPO) contract with First Horizon Home Loan Corporation, one of the nation's leading home financing companies.

ACS and First Horizon launched their successful BPO partnership in 2002, with ACS providing document preparation, scanning, and indexing of mortgage loan files for the company. These services will continue under the terms of the renewed contract, and will expand in scope to now include mailroom services. The agreement solidifies ACS' solid position as a top BPO services provider to the mortgage industry.

"ACS is a leader in mortgage document management and supports us with responsive and flexible services driven by efficient business processes," said John Chmelko, SVP Business Technology, First Horizon. "The company is highly skilled at managing fluctuating mortgage loan volumes, as well as the staffing required to do the job, and they provide solid process management. This enables us to focus on our core business objectives and more fully pursue our strategic goals."

ACS processes more than 4 million images per month on behalf of First Horizon, and will continue to provide services from First Horizon's headquarters facility in Irving, Texas.

"ACS has distinguished itself as a standout performer in high-volume, large-scale document preparation and scanning, and we are extremely pleased with the success of our BPO partnership with First Horizon," said Ann Vezina, Group President of ACS Commercial Solutions. "Our solutions lower our clients' operating costs and allow them to concentrate on their core business, which translates into an improved ability to serve their customers and further their growth in the market."

Headquartered in the Dallas suburb of Irving, Texas, First Horizon Home Loan Corp. is among the nation's top 15 mortgage companies in loan servicing and the top 25 in loan originations. First Horizon companies include First Horizon Home Loans, First Tennessee Home Loans, First Horizon Wholesale, First Horizon Construction Lending, and First Horizon Equity Lending. First Horizon Home Loan Corp. is a subsidiary of First Tennessee Bank National Assoc. The parent company is First Horizon National Corp. , whose 12,000 employees serve business and individual customers through hundreds of offices in more than 40 states. For more information, visit http://www.firsthorizon.com/ .

ACS, a global FORTUNE 500 company with more than 55,000 people supporting client operations reaching nearly 100 countries, provides business process outsourcing and information technology solutions to world-class commercial and government clients. The Company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS". ACS makes technology work. Visit ACS on the Internet at http://www.acs-inc.com/ .

The statements in this news release that do not directly relate to historical facts constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company's control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Factors could cause actual results to differ materially from such forward-looking statements. For a description of these factors, see the Company's prior filings with the Securities and Exchange Commission, including our most recent filing. ACS disclaims any intention or obligation to revise any forward-looking statements, whether as a result of new information, future event, or otherwise.