Chairman's IntroductionUnisys Corporation
March 16, 2002
Dear Fellow Stockholder:
It is my pleasure to invite you to the Unisys 2002 Annual Meeting of Stockholders. This year's meeting will be held on Thursday, April 25, 2002, at The Inn at Penn, which is located at 3600 Sansom Street in Philadelphia, Pennsylvania. The meeting will begin at 9:30 a.m.
A severe downturn in technology spending made 2001 a very difficult year for industry providers, and Unisys was not immune. However, despite reduced sales of high-end servers and systems integration services, the company achieved profits from operations every quarter in 2001 and generated more than $200 million of operational cash flow. Our ability to deliver profits during this unprecedented period of volatility speaks to the progress we've made in refocusing our business portfolio toward value-added services and solutions that are less subject to the volatility of product cycles. We believe this work positions us well for a much better year in 2002.
Whether you plan to attend the annual meeting or not, I urge you to take a moment to vote on the items in this year's proxy statement. Most stockholders have a choice of voting their shares over the Internet, by telephone, or by completing, signing, and returning a proxy card.
Voting by any of these means takes only a few minutes, and it will ensure that your shares are represented at the meeting. If you vote over the Internet, you will also be given the opportunity to access future proxy statements and annual reports over the Internet instead of receiving paper copies in the mail. Electronic access saves the company the cost of producing and mailing these documents. I encourage you to take advantage of it.
I look forward to seeing you at the annual meeting and to reporting on the actions we took in 2001 and our goals for 2002.
Sincerely, Lawrence A. Weinbach |
