DaimlerChrysler Corporation Signs Multi-Year Agreement With EDS

Contract Extends EDS Leadership in Delivering IT Solutions to the Automotive Sector

DETROIT, April 28 -- EDS today announced a multi-year information technology (IT) agreement with DaimlerChrysler Corporation , further extending its leadership in the automotive industry. Financial terms were not disclosed.

Under the agreement, EDS will manage the migration of servers and services to a consolidated managed services environment for DaimlerChrysler's Michigan facilities.

"This partnership allows DaimlerChrysler to utilize EDS' resources and innovation to manage complexity and continue the pursuit of quality and operational efficiencies," said Sue Unger, Sr. Vice President/CIO, DaimlerChrysler AG.

DaimlerChrysler, one of the world's leading automotive companies, will leverage EDS' world-class automated services to support their business strategy and standardize processes and procedures. EDS will oversee management of DaimlerChrysler's hardware operations and server-based software.

"With over 20 years of automotive industry experience, EDS has a long history of partnering with automotive companies to transform information technology into an asset supporting business strategy," said Darl Davidson, vice president, EDS' Manufacturing Industry Group. "We are excited about this new partnership with DaimlerChrysler and we look forward to delivering exceptionally high quality services."

EDS has unparalleled experience consolidating and migrating clients' IT environments into more standard, leveraged facilities using their patent- pending methodologies. By consolidating applications and information onto fewer, more reliable servers, EDS achieves new levels of server utilization, thus reducing total cost of ownership and improving service levels. In addition to reducing the IT footprint, EDS works with its clients to standardize technology and service, thereby delivering a more secure, consistent, reliable environment.

EDS in the Automotive Industry

EDS combines its comprehensive understanding of the automotive industry with its ability to leverage its global technology and service resources to help its clients shorten concept-to-delivery time, improve quality, reduce costs and improve revenue. It offers seamless integration of design, engineering, manufacturing, and distribution systems and processes and delivers solutions ranging from high-end consulting, IT and e-commerce strategies, to the most comprehensive Product Lifecycle Management software and services, and the management of business processes. EDS serves 21 of the top 25 Global 1000 automotive companies.

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 2003 revenue of $21.5 billion, 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 www.eds.com