http://money.cnn.com/news/newsfeeds/...25072007-1.htm
Perot Systems Inks Applications Deal with YRC Worldwide
PR Newswire
Multi-Year Project to Consolidate Multiple Transportation Brands' Operations onto a Single Platform
July 25, 2007: 11:00 AM EST
PLANO, Texas, July 25 /PRNewswire-FirstCall/ -- Perot Systems Corporation today announced that Fortune 500 company, YRC Worldwide has selected Perot Systems to support development of future business systems for the company's multiple brands. Terms of the multi-year consulting and applications services agreement were not disclosed.
The business relationship includes supporting and modernizing current applications across divisions of YRC Worldwide. It also includes migrating to standard architecture and technology for applications across all functional domains. YRC Worldwide and its business units would draw upon the expertise and wide resource base of Perot Systems for successfully accomplishing this transformation.
"In order to support global growth of our company, we need to simplify and standardize our application portfolio and deliver an exceptional customer experience across all our brands," said YRC Worldwide CIO Michael Rapken. "As we move forward with our growth initiatives, Perot Systems will play an integral role in helping us achieve our business goals."
"By helping to simplify and standardize the application portfolio and infrastructure, we will help YRC Worldwide achieve greater flexibility to support the changes they anticipate in their business," said David Miller, vice president for Perot Systems Consulting and Applications Services in North America.
YRC Worldwide plans to benefit from Perot Systems' domain expertise coupled with its reputation for successfully blending onshore and offshore services. As part of this effort, Perot Systems will support YRC Worldwide from multiple service delivery centers throughout the U.S. and India.
YRC Worldwide adds to Perot Systems' roster of travel, transportation & logistics clients, and represents an important demonstration of Perot Systems' diversified service offerings to the industry.
About YRC Worldwide
YRC Worldwide Inc., a Fortune 500 company and one of the largest transportation service providers in the world, is the holding company for a portfolio of successful brands including Yellow Transportation, Roadway, Reimer Express, YRC Logistics, New Penn, USF Holland, USF Reddaway, and USF Glen Moore. The enterprise provides global transportation services, transportation management solutions and logistics management. The portfolio of brands represents a comprehensive array of services for the shipment of industrial, commercial and retail goods domestically and internationally. Headquartered in Overland Park, Kansas, YRC Worldwide employs approximately 66,000 people.
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 2006 revenue of $2.3 billion. The company has more than 22,000 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. 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, 2006, 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.
