Press release

DXC Technology Expands Data Center Infrastructure Services in North America Through Co-Location Services Agreement with Credit Suisse (USA), Inc.

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(NYSE: DXC), the world’s leading independent, end-to-end
IT services company, has expanded its presence in data center
co-location services by signing a long-term 13-plus year managed
co-location services agreement with Credit Suisse (USA), Inc.
Concurrently, DXC, through its data center co-location services
subsidiary, will acquire a New Jersey data center from Credit Suisse.

The transaction expands the market presence of DXC to serve its
enterprise clients needing mission critical infrastructure solutions
with proximity to the New York metropolitan market, a major hub of
operations for global financial institutions and other businesses.

“Enterprises are looking to capitalize on their infrastructure assets
while participating in the digital technology trends and opportunities
that help drive better business outcomes,” said H. C. Charles Diao,
senior vice president of Finance and Corporate Development, DXC. “This
partnership with Credit Suisse demonstrates DXC’s position as a leading
global data center co-location and managed services provider, aligns
with our strategic growth objectives, and strengthens DXC’s ability to
help accelerate innovation for our clients.”

DXC Technology serves nearly 800 enterprise and government clients with
managed data center services, business recovery services, and
co-location services across 43 owned and leased sites globally, in
addition to over 250 managed co-lo locations.

“This initiative supports clients who are transitioning to the cloud and
employing new digital migration strategies for their changing
infrastructure needs,” said Samson David, senior vice president, Global
Deliver, DXC. “It also leverages DXC’s strength in migrating client
workloads and meeting the co-location requirements of enterprise and
government clients, thereby creating operating efficiencies and helping
clients avoid capital expenditures.”

Credit Suisse (USA) Inc. is a US subsidiary of Credit Suisse AG. Credit
Suisse AG is one of the world’s leading financial services providers.
Its strategy builds on its core strengths; its position as a leading
wealth manager, its specialist investment banking capabilities and its
strong presence in its home market of Switzerland.

“We chose DXC as our partner in this transaction due to its ability to
customize a financial and outsourcing solution that best meets our needs
and our long-term infrastructure requirements,” said Andrew Federbusch,
managing director and global head of Real Estate Workplace, Credit
Suisse (USA), Inc. “This partnership supports our strategy of enhancing
efficiency, generating productivity improvements, and allowing greater
operational and strategic flexibility in our future IT infrastructure

About Credit Suisse

Credit Suisse AG is one of the world’s leading financial services
providers and is part of the Credit Suisse group of companies (referred
to here as ‘Credit Suisse’). Our strategy builds on Credit Suisse’s core
strengths: its position as a leading wealth manager, its specialist
investment banking capabilities and its strong presence in our home
market of Switzerland. We seek to follow a balanced approach to wealth
management, aiming to capitalize on both the large pool of wealth within
mature markets as well as the significant growth in wealth in Asia
Pacific and other emerging markets, while also serving key developed
markets with an emphasis on Switzerland. Credit Suisse employs
approximately 46,200 people. The registered shares (CSGN) of Credit
Suisse AG’s parent company, Credit Suisse Group AG, are listed in
Switzerland and, in the form of American Depositary Shares (CS), in New
York. Further information about Credit Suisse can be found at

About DXC Technology

As the world’s leading independent, end-to-end IT services company, DXC
Technology (NYSE: DXC) leads digital transformations for clients by
modernizing and integrating their mainstream IT, and by deploying
digital solutions at scale to produce better business outcomes. The
company’s technology independence, global talent, and extensive partner
network enable 6,000 private and public-sector clients in 70 countries
to thrive on change. DXC is a recognized leader in corporate
responsibility. For more information, visit
and explore THRIVE,
DXC’s digital destination for changemakers and innovators.