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Perot Systems and Catholic Healthcare Partners Sign 10-Year Technology Services Agreement

Posted on: Friday, 1 September 2006, 15:01 CDT

PLANO, Texas and CINCINNATI, Sept. 1 /PRNewswire-FirstCall/ -- Perot Systems Corporation and Catholic Healthcare Partners (CHP) today announced a new 10-year technology services agreement. Financial details of the contract were not disclosed.

Under terms of the agreement, Perot Systems will operate CHP's centralized clinical and administrative systems, and will also consolidate two CHP data centers into a new Perot Systems facility. In addition, the 56 CHP employees who currently perform these services across the network have been offered full-time employment with Perot Systems.

"The increased efficiency and high quality of data security and support offered by Perot Systems will help Catholic Healthcare Partners focus on what we do best -- providing top quality patient care in the communities where we serve," said Rebecca Sykes, senior vice president, chief information officer of Catholic Healthcare Partners.

"Perot Systems and Catholic Healthcare Partners are two highly compatible organizations that share a commitment to excellence and service. We are very proud they have entrusted us to deliver services that will provide benefits beyond operational efficiency," said Chuck Lyles, Perot Systems vice president and leader of the company's healthcare industry group. "Perot Systems looks forward to demonstrating the value of technology as a tool to create knowledge, improve patient safety and enhance clinical performance."

Perot Systems now serves more than 570 hospitals with information technology, clinical transformation and financial optimization solutions. The company is a recognized leader in the healthcare industry and is known for its innovative approach to helping providers execute strategic transformational initiatives to improve patient care. Perot Systems associates worldwide provide business and technical services for all segments in the healthcare marketplace.

About Catholic Healthcare Partners

Based in Cincinnati, Ohio, Catholic Healthcare Partners (CHP) is one of the largest not-for-profit health systems in the United States and the largest in Ohio with $4.37 billion in assets, employing more than 34,000 full-time and part-time employees and providing $240.6 million in community service benefits. CHP consists of more than 100 organizations, including acute care hospitals, long-term care facilities, housing sites for the elderly, home health agencies, hospice programs, and wellness centers with operations in Indiana, Kentucky, Ohio, Pennsylvania, and Tennessee.

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 2005 revenue of $2.0 billion. The company has more than 18,000 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 that are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Among many factors that could affect our business and cause actual results to differ materially are that we may bear the risk of cost overruns for custom software development and implementation services, our contracts generally contain provisions that could allow customers to terminate the contracts and sometimes contain provisions that enable the customer to require changes in pricing, and some contracts contain fixed-price provisions or penalties that could result in decreased profits. Please refer to our Annual Report on Form 10-K for the fiscal year ended December 31, 2005, as filed with the U.S. Securities and Exchange Commission and available at http://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.

Perot Systems Corporation

CONTACT: Sharon Lakes of Perot Systems Corporation, +1-972-577-6012, orsharon.lakes@ps.net ; or Matthew Williams of Catholic Healthcare Partners,+1-513-639-0129, or mdwilliams@health-partners.org

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

Company News On-Call: http://www.prnewswire.com/comp/122686.html

Source: PRNewswire-FirstCall

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