TO BUSINESS EDITOR:
ACS AND HANCOCK BANK REACH AGREEMENT ON DATA CENTER
DALLAS, Jan. 31 /PRNewswire/ -- Affiliated Computer Services, Inc.
("ACS") (Nasdaq-NNM: ACSA) and Hancock Bank of Louisiana, a wholly-owned
subsidiary of Hancock Holding Company (Nasdaq-NNM: HBHC), a $2 billion
corporation based in Gulfport, Miss., announced today an agreement
providing for the acquisition of certain assets of the bank's Baton
Rouge operations which results in the formation of an ACS Baton Rouge
Data Center. This center will provide a variety of information
processing, image processing and back-office services for Hancock Bank
and other financial institutions utilizing UNISYS hardware and ITI
Darwin Deason, chairman and chief executive officer of ACS, stated,
"ACS is committed to providing quality services to financial
institutions. The Baton Rouge Data Center combined with the Hancock
Bank association will promote that commitment and enhance our presence
in the gulf states marketplace."
George A. Schloegel, vice chairman of Hancock Holding Company,
agreed, "This move allows us to be more efficient in our operation, plus
it brings the services of a world class company within reach of many
banks in this area."
ACS is a nationwide provider of information processing services,
including data processing outsourcing, electronic funds transfer
transaction processing and information and image management. The
company recorded revenues of $271 million for the year ending June 30,
1994. The Class A Common Stock of ACS is traded in the Nasdaq National
Market System under the symbol "ACSA."
/CONTACT: Jeffrey A. Rich, chief financial officer of Affiliated
Computer Services, Inc., 214-841-6137/
CO: Affiliated Computer Services, Inc.; Hancock Bank of Louisiana
ST: Texas, Louisiana, Mississippi
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1070 01/31/95 17:43 EST
-0- (PRN) Jan/31/95 17:42
EOS (PRN) Jan/31/95 17:42 86
-0- (PRN) Jan/31/95 17:57
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