04 Aug 2008 | Ref. 221/2008
McLEAN, Virginia – BAE Systems has been selected by the Administrative Office of the U.S. Courts (AOUSC) to manage the Bankruptcy Noticing Center (BNC). Under this contract, BAE Systems will manage the mailing and electronic distribution of bankruptcy notices that inform creditors nationwide when debtors file for bankruptcy. The contract is for a one-year base period with options for nine one-year periods to follow.
“The BNC provides the critical link in the notification process,” said Thomas Sechler, BAE Systems Information Technology general manager and vice president of Civilian Solutions. “This win further showcases BAE Systems ability to provide the right solutions and business processes, capabilities and partnerships, and the important work the company performs in today’s market place.”
BAE Systems has been supporting AOUSC and the 90 U.S. Bankruptcy Courts since 1994. The BNC has processed 118 million bankruptcy notices both electronically and via U.S. Mail during the past year – an increase of 17-percent over the previous year.
“This program is a critical function in the court system – particularly given the volume of bankruptcy notices anticipated in the current economic environment,” added Joe Speetjens, the company’s manager for the program. “One of our primary tasks on the new contract will be to increase the number of notices sent electronically.”
Assisting BAE Systems with the mailing of bankruptcy notices are RR Donnelley and Double Envelope. Both companies have supported the effort since the program’s inception. RR Donnelley is the world's premier full-service provider of print and related services, including document-based business process outsourcing. New to the team is Campbell-Ewald, one of the nation’s leading marketing and advertising firms, to assist in getting recipients to convert from paper to electronic notices.
BAE Systems Information Technology is a full-service solutions provider of information systems and services that offers network and managed IT operations to provide secure, reliable solutions in support of mission-critical customer needs. BAE Systems Information Technology supports advanced computing operations across the federal government and is directly involved with many of the government’s most sophisticated agencies in delivering new technologies.
More information on electronic bankruptcy noticing (EBN) can be found at www.EBNuscourts.com.
About BAE Systems
BAE Systems is the premier global defense and aerospace company delivering a full range of products and services for air, land and naval forces, as well as advanced electronics, information technology solutions and customer support services. With approximately 100,000 employees worldwide, BAE Systems' sales exceeded £15.7 billion (US $31.4 billion) in 2007.
For further information, please contact:
Elizabeth Reinhardt, BAE Systems
Tel: +1 703 563 7770 Mobile: +1 571 296 5087
elizabethreinhardt@baesystems.com
Shannon Smith, BAE Systems
Tel: +1 703 907 8257 Mobile: +1 703 967 3854
shannon.n.smith@baesystems.com