EDS Completes Acquisition of Saber Corp.



    PLANO, Texas, Nov. 30 /CNW/ -- EDS today announced it has completed the
acquisition of an approximate 93 percent equity interest in Saber Corp., a
leading provider of software and services to U.S. state governments, from
various sellers, including majority shareholder Accel-KKR.
    Saber, founded in 1997, is one of the world's fastest-growing providers
of software products and services that enable state and local governments to
better serve citizens. The Portland, Oregon-based company, which has
operations in 35 states, more than doubled its revenue each year since 2004.
    Saber's current product line includes market-leading software and
services that underpin essential, federally funded government functions such
as voter registration, election management, public retirement programs, human
services, public health services, motor vehicle registration and unemployment
insurance.
    
    About Saber
    
    Saber, founded in 1997, is headquartered in Portland, OR. The privately
held company has deep customer relationships with state and local government
entities across the country, providing software and services that underpin
essential functions such as voter registration, election management, public
retirement programs, human services, public health services, motor vehicles,
unemployment insurance, and forms and document processing. For more
information, please visit http://www.sabercorp.com.
    
    About Accel-KKR
    
    Accel-KKR is a technology-focused private equity firm that invests
primarily in technology businesses with $15 million to $150 million in revenue
that are well positioned for top-line and bottom-line growth. At the core of
Accel-KKR's investment strategy is a commitment to developing strong
partnerships with the management teams of its portfolio companies and a focus
on building value through the contribution of unique financial, strategic,
technical, and operational resources. Accel-KKR has a particular focus on the
following transactions: Recapitalizations of family-owned or closely-held
private companies, divisional buyouts of larger companies, and going-private
transactions. For more information, please visit http://www.accel-kkr.com.
    
    About EDS
    
    EDS (NYSE:   EDS) is a leading global technology services company
delivering business solutions to its clients. EDS founded the information
technology outsourcing industry 45 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. Learn more at eds.com.

    
     CONTACT:
     Travis Jacobsen - EDS           Roxane Barry - EDS
     Corporate Communications        Investor Relations
     972 797 8751                    972 605 6420
     travis.jacobsen@eds.com         roxane.barry@eds.com
    

    Additional Media Contacts:

    
     Saber Corp.
     Sanjay Menon
     614.339.0610
     smenon@sabercorp.com
    

    
     Accel-KKR
     Joseph Kuo
     Kekst and Company
     212.521.4800
    




For further information:

For further information: Travis Jacobsen, Corporate Communications, 
+1-972-797-8751, travis.jacobsen@eds.com, or Investor Relations, Roxane 
Barry, +1-972-605-6420, roxane.barry@eds.com, both of Electronic Data Systems 
Corporation; or Additional Media, Sanjay Menon of Saber Corp.,
+1-614-339-0610,  smenon@sabercorp.com; or Joseph Kuo of Kekst and Company,
+1-212-521-4800,,  for Accel-KKR Web Site: http://www.eds.com                
 http://www.sabercorp.com                  http://www.accel-kkr.com

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