ARMONK, NY--(Marketwire - October 13, 2008) - IBM (NYSE: IBM) today announced a three-year contract renewal of mainframe and midrange hosting services for Bristol-Myers Squibb (BMS). The agreement with IBM will allow Bristol-Myers Squibb to continue benefiting from applications running on System z mainframe and midrange systems as well as business recovery services for BMS's mission critical systems.