Unisys Sells Check and Cash Automation Equipment Business

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Feb 03, 2010, 06:30 ET

BLUE BELL, Pa., Feb. 3 /PRNewswire-FirstCall/ -- Unisys Corporation (NYSE: UIS) today announced that it has sold its check and cash automation equipment and related U.S. maintenance, printer and direct supply business to a new company formed by Marlin Equity Partners, a California-based private investment firm. The new company has been named Burroughs Payment Systems, Inc.

The sale includes the manufacturing and office facility located in Plymouth, Michigan.

Terms of the transaction were not disclosed.

About Unisys

Unisys is a worldwide information technology company. We provide a portfolio of IT services, software, and technology that solves critical problems for clients. We specialize in helping clients secure their operations, increase the efficiency and utilization of their data centers, enhance support to their end users and constituents, and modernize their enterprise applications. To provide these services and solutions, we bring together offerings and capabilities in outsourcing services, systems integration and consulting services, infrastructure services, maintenance services, and high-end server technology. With approximately 26,000 employees, Unisys serves commercial organizations and government agencies throughout the world. For more information, visit www.unisys.com.

RELEASE NO.: 0203/8949

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.

SOURCE Unisys Corporation