GM Daewoo Auto&Technology Selects UGS PLM Solutions as New Corporate Standard Throughout Daewoo and Its Supply Chain

GM Daewoo orders 650 seats of UGS PLM Solutions' software to meet expansive requirements of new Advanced Automotive Initiatives

PLANO, Texas and SEOUL, Korea, Feb. 10 -- UGS PLM Solutions, the product lifecycle management (PLM) subsidiary of EDS , today announced GM Daewoo Auto&Technology (GM Daewoo) has selected UGS PLM Solutions' software and services as its corporate standard for global product development throughout GM Daewoo and its entire supply chain.

The agreement, terms of which were not disclosed, calls for the acquisition of 650 seats of UGS PLM Solutions' products including Teamcenter as the collaborative foundation for the global GM Daewoo digital product development environment and NX as the product design software to capture and reuse knowledge, and drive new product innovation. These solutions are designed to hasten new automotive products to market while fulfilling GM Daewoo's goal of continual quality improvement at reduced costs.

"UGS PLM Solutions has demonstrated an in-depth understanding of the automotive community and the advanced processes GM Daewoo has outlined," said the general manager of IT Systems and Deployment of GM Daewoo. "We consider the fully integrated PLM solution we have mutually configured as a critical component of our future success. Our deployment plans will provide comprehensive integration with our supply chain, which includes approximately 400 companies, and will introduce UGS PLM Solutions' products into our shared programs, significantly enhancing our overall collaboration while reducing time to market, lowering costs, and meeting the quality expectations of our customers."

"UGS PLM Solutions' Teamcenter has served as the de facto standard for collaboration and related data management in the automotive market," said Tom Brady, vice president, Automotive, UGS PLM Solutions Asia Pacific. "We took a major step forward with the GM Daewoo selection of our solutions as the backbone technology for their digital product development environment. Their endorsement represents a testimonial to our ability to effectively support, service, and deliver to the rigorous requirements of the automotive community."

"GM Daewoo joins our impressive list of automotive OEMs that have standardized on our solutions," said Tony Affuso, president and CEO of UGS PLM Solutions. "We continue to aggressively expand our penetration into the automotive market. Today, we have more than 155,000 seats in production at the world's top 25 automotive original equipment manufacturers - by far more than any other provider."

About UGS PLM Solutions

UGS PLM Solutions, a leader in product data management, collaboration and product design software and services with 41,000 clients and more than 2.6 million seats of technology operating in the market, is the product lifecycle management (PLM) subsidiary of EDS. The company works collaboratively with its clients to create solutions enabling them to transform their process of innovation and thus begin to capture the promise of PLM. The integration of the former operations of companies including Structural Dynamics Research Corporation (SDRC), Engineering Animation Inc. (EAI) and UGS, UGS PLM Solutions has created some of the leading design, collaboration and product data management technologies that ultimately formed the foundation of the PLM industry. Today, the company is a family of one, building on three decades of leadership in continuing to be a pioneer in PLM. For more information on UGS PLM Solutions products and services, visit www.ugsplm.com or www.eds.com.

About EDS

EDS, the world's most experienced outsourcing services company, delivers superior returns to clients through its cost-effective, high-value services model. EDS' core portfolio comprises information-technology and business process outsourcing services, as well as information-technology transformation services. EDS' two complementary, subsidiary businesses are A.T. Kearney, one of the world's leading high-value management consultancies, and UGS PLM Solutions, a leader in product data management, collaboration and product design software. With 2002 revenue of $21.5 billion, EDS is ranked 80th on the Fortune 500. The company's stock is traded on the New York and London stock exchanges. Learn more at www.eds.com.

Note: Teamcenter and Unigraphics are registered trademark of UGS PLM Solutions Inc. or its subsidiaries in the United States and in other countries. All other trademarks, registered trademarks or service marks belong to their respective holders.

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.