EDS Signs IT Outsourcing and Transformation Agreement With CAT Group

PLANO, Texas, July 21 -- EDS today said it has signed a seven-year agreement with the CAT Group, a worldwide provider of transport and logistics services, to develop, integrate, deploy and support the company's software applications. Financial terms were not disclosed.

This contract builds upon an information technology (IT) infrastructure agreement CAT Group awarded to EDS in 2005. Under that agreement, which includes network management and governance and continues through 2015, EDS manages the CAT Group's entire IT infrastructure, which includes 2,000 work stations at 131 sites in 19 countries.

"For the past three years, EDS has combined its technical and functional expertise and business knowledge to guarantee our infrastructure delivers innovation and high performance," said Alejandro Forbes, CEO of the CAT Group. "The commitment and professionalism of the team at EDS can clearly be seen every day throughout our projects. It was a logical decision to entrust the management of all our applications to EDS. With this new agreement, we are expecting a high level of IT cost optimisation, valued at about $44 million over the next five years."

"As our client's business ally, we are delighted and proud to announce the renewal and extension of our relationship with the CAT Group," said Jim Dullum, vice president, EDS Global Transportation Industry. "This new agreement clearly recognises our ability to manage the application assets of an international enterprise. It represents an important and strategic relationship between CAT Group and EDS."

As a leading transportation IT services provider, EDS' end-to-end capabilities encompass air carriers, airports, cruise lines, hotel companies, logistics and modal providers, and major reservations networks. More than 9,000 EDS employees bring world-class technology solutions and infrastructure to help more than 300 transportation and travel-related clients sustain competitive advantage in a highly dynamic global market.

About CAT

CAT Group is a leading automotive logistics company. It provides finished vehicle logistics and related value-added services as well as a full logistics service for vehicle spare parts, motorcycles and industrial products worldwide. It employs over 2,800 people with a turnover of euro 1,070 M in 2007.

In 2007, CAT Group delivered more than 2.4 million new vehicles and in excess of 800,000 tonnes of cargo.

About EDS

EDS is a leading global technology services company delivering business solutions to its clients. EDS founded the information technology outsourcing industry more than 46 years ago. Today, EDS delivers a broad portfolio of information technology and business process outsourcing services to clients in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries and to governments around the world.