Capping a week during which it announced approximately US$1 billion in contract signings, EDS announced approximately US$350 million in new business agreements last week.
New contract announcements:
A five-year contract with Telstra worth approximately US$300 million (AUD $500 million) to provide software maintenance and development for its billing functions and shared services.
A long-term contract with Canadian Pacific Railway (CPR) to introduce a state-of-the-art computing infrastructure.
EDS Canada announced a multi-million-dollar, three-year agreement today extending its contract to manage Canadian National Railway`s personal computer support and Help Desk services across Canada and in the U.S.
Last month, EDS reported all-time high contract signings for the fourth quarter and full year of 2000. For the quarter, the company won contracts totaling $15.8 billion, up 41 percent from $11.2 billion a year ago, and a record for the eighth consecutive quarter. For 2000, the total value of EDS` contract signings increased 31 percent to $32.6 billion from $24.9 billion in 1999.
EDS, the leading global services company, provides strategy, implementation and hosting for clients managing the business and technology complexities of the digital economy. EDS brings together the world`s best technologies to address critical client business imperatives. It helps clients eliminate boundaries, collaborate in new ways, establish their customers` trust and continuously seek improvement. EDS, with its management consulting subsidiary, A.T. Kearney, serves the world`s leading companies and governments in 55 countries. EDS reported revenues of $19.2 billion in 2000. The company`s stock is traded on the New York Stock Exchange and the London Stock Exchange. Learn more at www.eds.com.
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