Affiliated Computer Services Inc (2135) SEC Filing 10-Q Quarterly report for the period ending Monday, March 31, 2008

Exhibit 99.1

FOR IMMEDIATE RELEASE

		Investor Contact		Media Contact
		Jon Puckett		Kevin Lightfoot
		Vice President		Vice President
		Investor Relations		Corporate Communications
		Affiliated Computer Services, Inc.		Affiliated Computer Services, Inc.
		214-841-8281		214-841-8191
		jon.puckett@acs-inc.com		kevin.lightfoot@acs-inc.com

ACS Announces Third Quarter Fiscal Year 2008 Results
Company Delivers Strong Signings, Earnings and Cash Flow

DALLAS, TEXAS: May 1, 2008 – Affiliated Computer Services, Inc., (NYSE: ACS), today announced third quarter fiscal year 2008 revenues of $1.54 billion, an increase of 7% compared to the third quarter of the prior year. Adjusted non-GAAP diluted earnings per share for the third quarter of fiscal years 2008 and 2007 were $0.91 and $0.78, respectively, representing a 17% increase. See “Reconciliation of Reported GAAP Results to Adjusted Non-GAAP Results” below. Third quarter new business signings were the second highest in Company history at $245 million of annual recurring revenue. Third quarter fiscal year 2008 free cash flow was $161 million, or 10% of revenues.

Fiscal year-to-date revenues were $4.55 billion, an increase of 7% over the prior year period. Adjusted non-GAAP earnings per share for the nine months ended March 31, 2008 and 2007 were $2.58 and $2.24, respectively, representing a 15% increase. Fiscal year-to-date new business signings were $591 million of annual recurring revenue, a 30% increase over the prior year-to-date period. Fiscal year-to-date free cash flow was $342 million, or 8% of revenues.

“Our outstanding signings, free cash flow, and strong earnings growth underscore that our strategy is working,” said Lynn Blodgett, ACS president and chief executive officer. “We are focused on providing specific vertical business process outsourcing solutions that we can leverage across many customers. In support of this strategy, this quarter we expanded our service offerings and geographic footprint with four new acquisitions and key new logos wins. These new capabilities, along with our ability to execute our sales strategy and operational excellence, delivered strong results this quarter and positions us well for the future.”