Perot Systems Signs 10-Year, $22 Million IT Outsourcing Contract With Global Motorsport Group, Inc.

PLANO, Texas, Feb. 11 -- Perot Systems Corporation today announced the signing of a 10-year, $22 million complete information technology outsourcing contract with Global Motorsport Group, Inc. (GMG). Under the terms of the contract, Perot Systems will manage the entire IT function for GMG, inclusive of all software and hardware functions worldwide.

Global Motorsport Group is the largest independent supplier of aftermarket parts and accessories for Harley-Davidson motorcycles, with significant market share in the metric motorcycle aftermarket. The company manufactures its own products under the brand names RevTech, Santee, Motor Factory and HR3 Bike Kits. Global Motorsport Group markets and sells its products through wholly owned business units which include Custom Chrome, Chrome Specialties, Santee, Custom Chrome Europe, Custom Chrome Far East and Motorcycle Stuff.

Perot Systems will provide comprehensive information technology services to Global Motorsport and will oversee the management of an enterprise business solution which supports financials, sales, warehousing, transportation, shipping, planning and procurement functions. The outsourcing agreement follows a J.D. Edwards OneWorld ERP implementation led by Perot Systems Solutions Consulting. The majority of the work will take place at Global Motorsport's headquarters in Morgan Hill, CA and Perot Systems' data center in Plano, TX.

"We are excited at the opportunity to team with an industry leader like Global Motorsport," said Bob Mattana, Perot Systems vice president and Industrial Services Group leader. "Perot Systems is committed to building a relationship with Global Motorsport Group that is able to grow as their business grows, while providing value in a consistent manner that will assist them in achieving their financial goals."

"Global Motorsport plans to provide the most effective supply chain for our dealers and to serve and anticipate our clients' needs in this fast- changing environment. We chose Perot Systems to handle our IT needs because of their outstanding reputation and because we knew that they could assist us in achieving our goals through technology investment," said Seth Murdock, senior vice president and chief financial officer of Global Motorsport Group. "Additionally, this agreement allows us to focus our management expertise and resources on our core business while simultaneously placing our IT support services in the hands of an industry leader."

About Perot Systems

Perot Systems is a worldwide provider of information technology services and business solutions. Through its flexible and collaborative approach, Perot Systems integrates expertise from across the company to deliver custom solutions that enable clients to accelerate growth, streamline operations, and create new levels of customer value. Headquartered in Plano, Texas, Perot Systems has more than 400 clients and reported 2002 revenue of $1.3 billion. The company has more than 9,000 associates located in North America, Europe, and Asia. Additional information on Perot Systems is available at http://www.perotsystems.com/ .

About Global Motorsport Group, Inc.

Global Motorsport Group, Inc., designs, manufactures, markets and distributes aftermarket motorcycle parts and accessories and does business as Custom Chrome, Chrome Specialties, Santee, Custom Chrome Europe, Custom Chrome Far East and Motorcycle Stuff. The company is the largest independent supplier of aftermarket parts and accessories for Harley-Davidson motorcycles. The company distributes its own products under the brand names RevTech, Motor Factory, HR3 Bike Kits, Streetware and Santee. In addition, the company distributes products of most other leading manufacturers such as S&S Cycle, K&N, Yuasa, Dunlop, KBC Helmets, Ferodo Brakes, Teknic and O'Neal, among others. With over 50,000 unique product offerings, Global Motorsport Group anticipates and fulfills the aftermarket needs of the entire motorcycle industry through a network of independent dealers throughout North America, Europe and Asia/Pacific.

PEROT SYSTEMS, SOLUTIONS CONSULTING and the PEROTSYSTEMS logo are trademarks of Perot Systems Corporation or it subsidiaries and may be registered in the United States and other countries. J.D. Edwards is a registered trademark of J.D. Edwards & Company. One World is a trademark of J.D. Edwards World Source Company. Harley-Davidson is a registered trademark of Harley-Davidson, Inc. There is no affiliation between Harley-Davidson, Inc. and Global Motorsport Group, Inc. All other trademarks or company names used herein are the property of their respective owners.

This press release contains forward-looking statements. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "forecasts," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," or "continue" or the negative of such terms and other comparable terminology. These statements are only predictions. Actual events or results may differ materially. In evaluating all forward-looking statements, you should specifically consider various factors that may cause actual results to vary from those contained in the forward-looking statements, such as: the loss of major clients; deterioration of project and consulting-based revenue and profit associated with deteriorating market conditions; the Company's ability to achieve future sales; changes in its UBS relationship and variability of revenue and expense associated with its largest customer, as well as other clients; a portion of client revenue and profits represent spending above contractual minimums, which could be deemed as discretionary by clients and result in lower revenue and earnings for the Company with limited notice; the current and future performance of client contracts; risks associated with non-recoverable cost overruns on software development contracts; growing start-up businesses; the highly competitive market in which the Company operates; the variability of quarterly operating results; the reliance on estimates that involve successful completion of future actions; changes in technology; changes to accounting methods, risks associated with acquisitions and divestitures, and risks related to international operations. Please refer to the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2001, as filed with the U.S. Securities and Exchange Commission and available at www.sec.gov , for additional information regarding risk factors. The Company disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise.

Source: Perot Systems Corporation

CONTACT: Ian K. Stewart of Perot Systems Corporation, +1-972-577-3939,
or fax, +1-972-577-4484, or ian.stewart@ps.net

Web site: http://www.sec.gov/

Web site: http://www.perotsystems.com/

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