PLANO, Texas, Oct. 19 /PRNewswire-FirstCall/ -- Perot Systems Corporation today announced that MAG Industrial Automation Systems, a leading global machine tool and systems provider serving the durable goods industry and headquartered in Sterling Heights, MI, has selected it to provide infrastructure, consulting and applications services as part of a 10-year, $110 million information technology outsourcing contract.

Perot Systems will provide communications, network, help desk, deskside support, and applications maintenance and development services across MAG- IAS's more than 30 locations in North America, Europe, South America, and Asia. Under terms of the agreement, Perot Systems will streamline and integrate best-practice business processes across MAG-IAS's global organization.

"This agreement supports MAG-IAS's ongoing business as we continue to integrate our existing technology and processes and prepare an IT platform to accommodate future business growth," said James C. Benjamin, executive vice president with MAG-IAS. "Perot Systems' global delivery capability and deep industry expertise along with its culture offer the experience and support we need to expand our business activities."

"It's an honor to be selected for our expertise and capabilities to deliver IT services that will help MAG-IAS achieve its goal of becoming the largest machine tool and systems company in the world," said Mike Morrison, leader of manufacturing for Perot Systems' commercial solutions group. "More importantly, we are proud of the trust and confidence MAG-IAS has in Perot Systems to be a valued member of its team over the long term of the contract."

About MAG-IAS

MAG Industrial Automation Systems is a group of leading machine tool and systems companies serving the durable-goods industry. Utilizing a comprehensive line of advanced equipment and technologies, in combination with diverse process engineering knowledge, MAG-IAS provides tailored manufacturing solutions to key industrial sectors across the globe.

MAG-IAS has a large portfolio of highly-recognized and well-respected brands. With operations in the United States, Germany, China, Korea, Brazil, France and the United Kingdom, the companies of MAG Industrial Automation Systems rank in the top 5 in revenues in the global machine tool market, serving such key industrial sectors as automotive, aerospace, energy, heavy equipment, and general machining.

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 2005 revenue of $2.0 billion. The company has more than 19,000 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. Among many factors that could affect our business and cause actual results to differ materially are that we may bear the risk of cost overruns for custom software development and implementation services, our contracts generally contain provisions that could allow customers to terminate the contracts and sometimes contain provisions that enable the customer to require changes in pricing, and some contracts contain fixed-price provisions or penalties that could result in decreased profits. Please refer to our Annual Report on Form 10-K for the fiscal year ended December 31, 2005, as filed with the U.S. Securities and Exchange Commission and available at http://www.sec.gov/ , 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.

CONTACT: TwylaBeth Lambert of Perot Systems Corporation,
+1-972-577-6395, or TwylaBeth.Lambert@ps.net

Web site: http://www.perotsystems.com/

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