EDS Signs Global IT Services Contract With SR Technics



    PLANO, Texas and ZURICH, Switzerland, Feb. 21 /CNW/ -- EDS today
announced a six-year, information technology (IT) services agreement with SR
Technics, one of the world's leading independent providers of technical
services for the civil aviation sector. Financial terms of the agreement are
not being disclosed.
    Under this agreement, EDS will provide service desk support, workplace
management, hosting, storage, backup and archiving, as well as network
services for major locations of SR Technics in Switzerland, United Kingdom,
Ireland and Bahrain, with a total of more than 4,000 users.
    As part of the agreement, EDS and SR Technics renewed an applications
services agreement, which was first signed in 2001. Under this renewal, EDS
will host SR Technics SAP, SAS and Maintenance and Engineering Document
Systems.
    "Through this agreement that builds on many years of an excellent
relationship, SR Technics will achieve further operational improvements and
enhance the delivery of services to our customers," said Koni Iten, CIO of SR
Technics. "This agreement is aligned to our IT roadmap and consistent with the
intent of our IT outsourcing strategy to work jointly with EDS to modernize,
improve and expand the IT functionalities supporting the core business of SR
Technics."
    "The contract with SR Technics is an important milestone for EDS' EMEA
Transportation Hub in Zurich as we continue to grow our Transportation
industry business," said Pierre Klatt, country manager, EDS Switzerland, and
vice president EDS EMEA Transportation Industry Group. "EDS is excited for the
opportunity to continue our work with SR Technics to help them reach their
goal of improving their core business, and I look forward to further
strengthening our long-standing relationship."
    "Through this agreement, SR Technics will take advantage of our global
information technology outsourcing capabilities, which will help SR Technics
achieve quantifiable operational improvements and enhance the delivery of
services to their customers," said Eric Harte, vice president and leader of
EDS' Global Air Services Industry Group.
    As the leading global airline IT services provider, EDS brings
world-class technology solutions and infrastructure to help airlines and
transportation customers sustain competitive advantage in a tightly
constrained market.
    
    About SR Technics
    
    SR Technics is one of the world's leading independent providers of
technical services for the civil aviation sector. The SR Technics Group offers
its customer airlines comprehensive and totally-tailored solutions for the
technical support and management of their aircraft fleets, engines and
components. With its head office at Zurich Airport, SR Technics provides its
services through an extensive network of international operations and sales
offices in Europe, Asia and the Middle East. About 500 airline customers
currently entrust some 750 aircraft, 300 engines and 78,000 components a year
to its care. The company has a workforce of around 5,300 employees, and
generated total operating revenue of CHF 1.7 billion in 2006. SR Technics is
owned by a consortium from the United Arab Emirates composed of Mubadala
Development, Dubai Aerospace Enterprise (DAE) and Istithmar, which acquired
the company in November 2006. For further information please visit
http://www.srtechnics.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 http://www.eds.com and
http://www.eds.ch.
    The statements in this news release that are not historical statements,
including statements regarding the amount of new contract values, are
forward-looking statements within the meaning of the federal securities laws.
These statements are subject to numerous risks and uncertainties, many of
which are beyond EDS' control, which could cause actual results to differ
materially from such statements. For information concerning these risks and
uncertainties, see EDS' most recent Form 10-K. EDS disclaims any intention or
obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise.

    
     CONTACTS:
     Blake Hull -- EDS Plano           Mark A. Saxer -- EDS Zurich
     +1 972 605 5063                   +41 44 813 52 01
     blake.hull@eds.com                mark.saxer-eds@eds.com
    




For further information:

For further information: Blake Hull of EDS Plano, +1-972-605-5063, 
blake.hull@eds.com, or Mark A. Saxer of EDS Zurich, +41 44 813 52 01, 
mark.saxer-eds@eds.com Web Site: http://www.eds.com

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