EDS Awarded $550 Million IT Services Contract by Continental Airlines

    PLANO, Texas, Oct. 23 /CNW/ -- EDS and Continental Airlines today
announced the signing of a seven-year information technology (IT) services
contract valued at approximately $550 million.
    Under the agreement, EDS will manage Continental's compute environments,
reservation systems, legacy application development and maintenance, field
services, network and voice systems, help desk and complete desktop support.
This agreement also calls for Continental and EDS to work together closely on
a joint application modernization strategy, updating legacy systems to better
suit the needs of Continental and its customers.
    "EDS has been important to our success since we initially established a
relationship in 1991," said Ron Anderson-Lehman, chief information officer,
Continental Airlines. "The multi-supplier approach we are taking with this
contract and others like it will allow Continental to fully appreciate and
gain benefit from the strength and capabilities of our partners."
    "Through this extension of our long standing relationship, Continental
will leverage our extensive airline industry applications and our legacy
transformation capabilities," said Eric Harte, vice president and leader of
EDS' Global Air Services industry group. "This will position Continental for
long-term growth in this important market segment."
    "We have always viewed Continental as being at the forefront of airline
technology innovation, and we look forward to working with them in developing
and delivering innovative business solutions for their customers," said Jim
Dullum, vice president and leader of EDS' Global Transportation industry
group. "Through this agreement Continental will take advantage of our overall
information technology outsourcing capabilities, which will help Continental
achieve quantifiable operational improvements and enhance the delivery of
services to their customers."
    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 Continental Airlines
    Continental Airlines is the world's fifth largest airline. Continental,
together with Continental Express and Continental Connection, has more than
3,100 daily departures throughout the Americas, Europe and Asia, serving
nonstop 144 domestic and 138 international destinations. More than 400
additional points are served via SkyTeam alliance airlines. With more than
45,000 employees, Continental has hubs serving New York, Houston, Cleveland
and Guam, and together with Continental Express, carries approximately 67
million passengers per year. Continental consistently earns awards and
critical acclaim for both its operation and its corporate culture. For more
company information, visit continental.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.
    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.

       Blake Hull - EDS
       972 605 5063

For further information:

For further information: Blake Hull of Electronic Data Systems 
Corporation, +1-972-605-5063, blake.hull@eds.com Web Site: http://www.eds.com 

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