HERNDON, Va., Aug. 4 /PRNewswire-FirstCall/ -- The Centers for Medicare & Medicaid Services (CMS) has awarded EDS a contract to continue providing user and production support, systems maintenance and management services for the computer application system used to process Medicare Part B claims. The contract contains a one-year base period with four options years and is valued at $99 million if all options are exercised.
About EDS
EDS is a leading global technology services company delivering business solutions to its clients. EDS founded the information technology outsourcing industry more than 40 years ago. Today, EDS delivers a broad portfolio of information technology and business process outsourcing services to clients in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries and to governments around the world. With $20.7 billion in 2004 revenue, EDS is ranked 95th on the Fortune 500. Learn more at http://www.eds.com .
The statements in this news release that are not historical statements, including statements regarding the amount of new contract values, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond EDS’ control, which could cause actual results to differ materially from such statements. For information concerning these risks and uncertainties, see EDS’ most recent Form 10-Q. EDS disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT: Kevin Clarke - EDS 619-271-8614 kevin.clarke@eds.com
Electronic Data Systems Corporation
CONTACT: Kevin Clarke of Electronic Data Systems Corporation,+1-619-271-8614, or kevin.clarke@eds.com
Web site: http://www.eds.com/