UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported) October 24, 2005
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UNISYS CORPORATION
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(Exact Name of Registrant as Specified in its Charter)
Delaware 1-8729 38-0387840
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(State or Other (Commission File Number) (IRS Employer
Jurisdiction of Identification No.)
Incorporation)
Unisys Way,
Blue Bell, Pennsylvania 19424
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(Address of Principal Executive Offices) (Zip Code)
(215) 986-4011
_______________________________________________________________________________
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b)
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 7.01. REGULATION FD DISCLOSURE
On October 24, 2005, Unisys Corporation released a statement in response to a
news report in the October 23, 2005 Washington Post. The release is furnished
as Exhibit 99 hereto.
The information in this Current Report, including the Exhibit attached hereto,
shall not be deemed "filed" for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended, or otherwise subject to the liabilities of
that section. The information contained herein and in the accompanying Exhibit
shall not be incorporated by reference into any registration statement or other
document filed with the Securities and Exchange Commission by Unisys
Corporation, whether before or after the date hereof, regardless of any general
incorporation language in such filing, except as shall be expressly set forth by
specific reference in such filing.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(c) The following exhibit is being furnished herewith:
Exhibit
No.
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99 News Release, dated October 24, 2005, of
Unisys Corporation
SIGNATURE
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Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
UNISYS CORPORATION
Date: October 24, 2005 By: /s/ Janet B. Haugen
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Janet B. Haugen
Senior Vice President and
Chief Financial Officer
EXHIBIT INDEX
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Exhibit
No.
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99 News Release, dated October 24, 2005, of Unisys Corporation
UNISYS IS PROUD OF SUPPORT PROVIDED TO TRANSPORTATION SECURITY ADMINISTRATION ISSUES RAISED IN NEWS REPORT QUESTIONED A VERY SMALL PERCENTAGE OF TOTAL CONTRACT VALUE BLUE BELL, Pa., October 24, 2005 - The Unisys Corporation (NYSE: UIS) today released the following statement in response to a news report in yesterday's Washington Post: Following the urgent situation created by the events following Sept. 11, Unisys was proud to respond quickly to help the Transportation Security Administration (TSA) meet its congressionally mandated deadlines for securing the safe transport of passengers and cargo. This was a competitively awarded contract. The men and women of Unisys performed extraordinarily well, working with TSA to establish a secure information technology environment and to equip the assigned airports within a short time frame, among other mission-critical tasks. The nation was in crisis and there were enormous time pressures in meeting tight deadlines. The Defense Contract Audit Agency (DCAA), at the request of TSA, subsequently reviewed contract performance over that time period and raised some government contracting issues. It is not unusual in complex government contracts for the government and the contractor to have issues arise regarding contract obligations. Working collaboratively over the past few months, Unisys believes most of the issues are being addressed - to the initial satisfaction of our customer, TSA - and with the DCAA's review of the action plans. It should be noted that issues raised in the Washington Post article questioned a very small percentage of the total contract value. Unisys is working to resolve the remaining few issues, as well. Unisys has not been provided with a copy of the full DCAA audit report referenced in the Washington Post. Therefore, the company can't comment on that document. Unisys will work to take the necessary actions to resolve any identified issues. ABOUT UNISYS Unisys is a worldwide information technology services and solutions company. Our people combine expertise in consulting, systems integration, outsourcing, infrastructure and server technology 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. 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. Forward-looking statements include, but are not limited to statements of the company's expectations, plans, strategies or objectives. 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, statements in this release regarding the expected resolution of issues assume that the company and the government will successfully complete negotiations. Unisys assumes no obligation to update any forward-looking statements. ### RELEASE NO.: 1024/8585 Unisys is a registered trademark of Unisys Corporation. All other brands and products referenced herein are acknowledged to be trademarks or registered trademarks of their respective holders. Contacts Media Contact: Lisa Meyer, 703-439-5887 Lisa.Meyer@unisys.com Investor Contacts: Jack McHale, 215-986-6050 Jack.McHale@unisys.com Jim Kerr, 215-986-5795 Jim.Kerr@unisys.com