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Perot Systems Announces Additional Contract With Global Motorsport Group, Inc.

Contract Calls for Creation and Management of New Business-to-Business E-Commerce Tools

PLANO, Texas, Oct. 16 -- Perot Systems Corporation today announced that it has reached agreement with Global Motorsport Group, Inc. (GMG) on an additional contract valued at $1.9 million to create, enhance and manage GMG's electronic commerce and web-based businesses.

The contract addition requires Perot Systems to develop a market-leading e-commerce platform for the motorcycle parts distribution industry. In addition, Perot Systems will begin hosting GMG's existing Internet hardware and applications from Perot Systems' data center in Plano, TX.

"When Perot Systems signed its IT outsourcing contract in February, one of the first things we wanted to do was utilize our industry and technology expertise to assist Global Motorsport Group in extending their enterprise to better serve their dealers," said Bob Mattana, Perot Systems vice president and Industrial Services Group leader. "With this contract we are developing and managing an e-commerce platform to enable GMG to provide the highest quality service to their customers, whether they are calling into a sales representative or using the on-line system."

"Since we outsourced our information technology to Perot Systems, we have significantly improved the stability and functionality of our computer systems," said Frank Esposito, President of Global Motorsport Group. "Now we are aggressively moving to capitalize on our relationship with Perot Systems, as we roll out industry-leading on-line tools to make it easier for our customers to do business with our company."

Perot Systems has been providing ERP strategy, implementation and support services to Global Motorsport Group, Inc. since September 2000, and in February 2003 signed a ten-year, $22 million complete information technology outsourcing contract.

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, Motorcycle Stuff, Santee, Custom Chrome Europe and Custom Chrome Far East. The company is the largest independent supplier of aftermarket parts and accessories for Harley-Davidson motorcycles and commands significant market share in the broader motorcycle industry. 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.

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 reported 2002 revenue of $1.3 billion. The company has more than 10,000 associates located in North America, Europe, and Asia. Additional information on Perot Systems is available at http://www.perotsystems.com/ .

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: risks associated with negotiating and exiting contractual relationships; risks associated with expanding earnings from new sales; as well as other risks, including the loss of major clients; deterioration of project and consulting-based revenue and profit; our ability to achieve future sales; changes in our UBS relationship and variability of revenue and expense associated with our largest customer, as well as other clients; risks associated with the Health Insurance Portability and Accountability Act (HIPAA), including the risk that timing of software releases and patches for our software products and products provided by third parties may result in client testing that is not complete at the effective date of HIPAA regulations, the risk that additional releases or patches may be required after the effective date and the risk that our claims processing operations may be subject to significantly higher volumes of claims that require manual processing due to the submission by healthcare providers of non-HIPAA compliant claims; risks associated with the portion of client revenue and profits representing spending above contractual minimums, which could be deemed as discretionary by clients and result in lower revenue and earnings for us with limited notice; the current and future performance of client contracts; risks associated with non-recoverable cost overruns on software development contracts; risks associated with the development of software products, including the risk that capitalized costs of development may not be fully recovered if the market for our products or the ability of our products to capture a portion of the market differs materially from our estimates, the risk that the cost of product development differs materially from our estimates, and the risk that a delay in product introduction may reduce the portion of the market captured by our product; growing start-up businesses; the highly competitive market in which we operate; the variability of quarterly operating results; the reliance on estimates that involve successful completion of future actions; guaranteed purchase agreements; changes in technology; changes to accounting methods; risks associated with developing software for client use and for resale purposes; risks associated with acquisitions and divestitures, and risks related to international operations. Please refer to our Annual Report on Form 10-K for the fiscal year ended December 31, 2002, as filed with the U.S. Securities and Exchange Commission and available at www.sec.gov , for additional information regarding risk factors. We disclaim any intention or obligation to revise any forward- looking statements whether as a result of new information, future developments, or otherwise.

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