EDS Awarded $200 Million in New eTravel Contracts

EDS Awarded $200 Million in New eTravel Contracts EDS Captures Its First eTravel Award of 2005 After Closing 2004 as Top eTravel Contractor PLANO, Texas, Jan. 24 /PRNewswire-FirstCall/ -- EDS (NYSE:EDS) today announced five new contracts, plus an extension of an existing order, together valued at more than $200 million for electronic travel services under the General Services Administration's eTravel Service contract vehicle. The Departments of Homeland Security (DHS), Commerce, Housing and Urban Development, and Veterans Affairs, and the International Trade Commission selected EDS' FedTraveler.com offering for their eTravel needs; the Department of Agriculture also expanded its current contract with EDS. The Department of Veterans Affairs contract was the first eTravel award of 2005 for EDS, who closed out 2004 as the top eTravel contractor. Since inception of the GSA's eTravel program, the company has been awarded task orders from nine federal agencies valued at more than $370 million, outpacing all other competitors in the federal eTravel sector. "FedTraveler.com is a complete enterprise solution with unmatched built-in flexibility and cost-effectiveness," said Jim Duffey, vice president, Global Sales and Client Solutions - U.S. Government, for EDS. "Our competitive advantage is supported by our performance. Since November, we have won 56 percent of the task orders, which accounted for 73 percent of the available total cash value." FedTraveler.com is a proven, end-to-end travel service solution designed and built from the ground up by EDS and its teaming partners Zegato Solutions, MIL Corporation, Navigant/Sato Travel, Omega World Travel and National Travel. EDS' clients have cited a number of differentiators as the reason they chose FedTraveler.com. "Security, travel card management, fraud containment, and the ease of integration into existing systems are most often mentioned as significant advantages by agency leaders," said Duffey. It's easy to use, and travel and financial managers especially like the enterprise management, reporting and auditing tools." EDS' ability to tailor FedTraveler.com to meet individual agency travel processes and the ability to work with a variety of small business travel agencies have also been cited as key differentiators. FedTraveler.com leverages EDS' extensive commercial and government travel services experience to provide a unique set of management tools to handle planning and authorizing, reservation and fulfillment services, voucher approval, and robust travel card fraud containment, reporting and auditing capabilities. Earlier in 2004, the U.S. Department of Agriculture, National Science Foundation, Federal Trade Commission, and Department of Justice chose EDS for their travel needs. About EDS EDS provides a broad portfolio of business and technology solutions to help its clients worldwide improve their business performance. EDS' core portfolio comprises information-technology, applications and business process services, as well as information-technology transformation services. EDS' A.T. Kearney subsidiary is one of the world's leading high-value management consultancies. With more than $20 billion in annual revenue, EDS is ranked 87th on the Fortune 500. The company's stock is traded on the New York and London stock exchanges. Learn more at http://www.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-Q. 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. CONTACT: Kevin Clarke - EDS 619-271-8614 kevin.clarke@eds.com Source: Electronic Data Systems Corporation CONTACT: Kevin Clarke of Electronic Data Systems Corporation, +1-619-271-8614, or kevin.clarke@eds.com Web site: http://www.eds.com/ ------- Profile: International Entertainment