Perot Systems Signs $275 Million Contract WithVanguard Car Rental USA

5th Nov 2003

Perot Systems Corporation
and Vanguard Car Rental USA today announced
the signing of a 10-year, $275 million information technology (IT)
outsourcing contract.
The contract calls for Perot Systems to provide substantially all of the
IT services required by Vanguard Car Rental. These services include
application development and maintenance, data center, desktop and helpdesk
services. The majority of the work will take place in Fort Lauderdale,
Florida; Herndon, Virginia; and Plano, Texas.

Vanguard Car Rental, which recently acquired the Alamo Rent-A-Car and
National Car Rental brands and other assets of ANC Rental Corporation,
expects to achieve significant operational efficiencies by consolidating
the separate information technology systems currently used to support the
brands. Perot Systems will consolidate these systems onto a single system.

“We are extremely happy to have a true partner committed to the success of
Vanguard Car Rental and both our brands,” said Tyler Best, CIO of Vanguard
Car Rental. “The combined knowledge and experience of Vanguard and Perot
Systems will make the Vanguard information technology services team a
leader in the car rental industry. Additionally, consolidating both brands
onto a single platform will allow Vanguard to achieve a competitive
advantage in the marketplace.”

This contract replaces the multi-year contract between Perot Systems and
ANC Car Rental signed in 2000. The new contract with Vanguard will run
through 2012.

“This alliance between Vanguard and Perot Systems represents a win/win for
both companies,” said Scott Lang, Perot Systems vice president and
Strategic Markets group leader. “The relationship with the entire Vanguard
team is very strong and one which we are confident will produce great
results for both firms. The outstanding Perot Systems team of IT
professionals working alongside every member of the Vanguard team will
focus on providing flexible and efficient technology solutions that will
enable Vanguard to aggressively pursue their business goals in this
challenging yet opportunistic market.”



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