Covansys to Become Primary Provider of Outsourced IT Services to Fidelity National Financial, Inc.

Extract

---

Covansys to Become Primary Provider of Outsourced IT Services to Fidelity National Financial, Inc.

Business Editors/High-Tech Writers

FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--April 27, 2004

Five-Year Agreement to Generate Anticipated Revenues of $150 Million;

FNF to Purchase 29% Equity Stake in Covansys

Covansys Corporation (NASDAQ: CVNS), a leading global provider of strategic outsourcing and integration services, today announced that its Board of Directors has unanimously approved a long-term Master Services Agreement ("MSA") and a Stock Purchase Agreement ("SPA") with the Fidelity Information Services, Inc. subsidiary of Fidelity National Financial, Inc. ("FNF") (NYSE: FNF), one of the world's largest providers of information-based technology sol...

See the full content of this document

---