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Perot Systems Awarded 7-Year IT Services Contract by The Main Street America Group

Posted on: Thursday, 4 June 2009, 13:30 CDT

New Deal Highlights Perot Systems' Commitment to the Property and Casualty Market

PLANO, Texas, June 4 /PRNewswire-FirstCall/ -- Perot Systems Corporation (NYSE: PER) (http://www.perotsystems.com/) today announced it has been awarded a 7-year IT services contract by super regional property-casualty insurance carrier The Main Street America Group. The agreement calls for Perot Systems to administer Main Street America's infrastructure services through IT Infrastructure Library (ITIL)-based best practices and systems, which provide clients a single point of contact for resolving technical issues and application support while assisting with business requests. Additionally, Main Street America's infrastructure services will be managed within Perot Systems' data centers which will increase its flexibility, improve economies of scale, and reduce its operating costs. Financial terms of the agreement were not disclosed.

"As Main Street America's trusted IT services provider, we look forward to helping them continue to deliver high-quality services to their customers in the years ahead," said Peter Altabef, Perot Systems president and CEO. "We are committed to helping Main Street America build and grow on its outstanding record of success in the property and casualty insurance market."

Jacksonville, Florida-based Main Street America provides commercial, personal and surety products exclusively through independent insurance agents to individuals, families and small businesses in 24 states.

"We have partnered with Perot Systems to enhance the quality and performance of our infrastructure services so that we can serve our customers better," stated Ron James, CIO and vice president of information technology at Main Street America. "Perot Systems has a solid reputation, extensive quality resources and is a recognized leader."

Perot Systems provides end-to-end business process, consulting, application and infrastructure solutions to the life insurance and annuity industries. The company currently manages over 3,000,000 policies for more than 30 leading life insurance and annuity providers across the world.

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 2008 revenue of $2.8 billion. The company has more than 23,000 associates located in the Americas, Europe, Middle East and Asia Pacific. 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. For factors that could affect our business and cause actual results to differ materially, please refer to our Annual Report on Form 10-K for the fiscal year ended December 31, 2008, as filed with the U.S. Securities and Exchange Commission and available at http://www.sec.gov/, as updated in our Quarterly Reports on Form 10-Q filed after such Form 10-K, 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.

SOURCE Perot Systems Corporation

Source: PR Newswire

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