IBM Signs Services Agreements in South America

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ARMONK, NY - 31 Jan 2008: IBM (NYSE: IBM) today announced that it has signed three services agreements with clients in South America.

IBM recently reported that in the fourth quarter of 2007, IBM generated sixty-five percent of its business outside the United States. Today's announcements further indicate that IBM's strategic focus on delivering technology and services to growth markets, such as countries in South America, is gaining momentum.

Today's announcements from South America include:  

 "These services agreements reflect the strength of IBM's global business model," said Gonzalo Escajadillo, GM GTS IBM Latin America. "Globalization is providing opportunities for organizations to tap into the right resources to transform and grow their businesses. IBM is uniquely positioned in Latin America to effectively integrate local and global capability to help our clients succeed."

All of the agreements were signed during the fourth quarter of 2007.

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