PLANO, Texas, March 7 /PRNewswire-FirstCall/ -- Perot Systems Corporation today announced that Altivity Packaging, a leading provider of folding cartons and bag packaging, has signed a five-year contract with Perot Systems in support of its business and technology integration strategy. Terms of the contract were not disclosed.
Following a period of mergers, acquisitions and growth, the $2 billion packaging manufacturer is looking to Perot Systems to support its IT integration and alignment strategy, including a centralized data center and IT infrastructure housing Altivity's business systems and applications.
"Outsourcing provides us the flexibility to expand our core IT services as our business and technology needs grow. We also needed to provide transparency to the true costs of IT, enabling us to make better informed decisions as the demand for IT services change," said Steve Nelson, vice president of IT for Altivity. "Perot Systems is a match for our needs and is the best IT option for Altivity. We are confident in their ability to deliver."
Under the agreement, Perot Systems will provide a broad range of infrastructure technology outsourcing services and selected application support for Altivity's operations in the U.S., Canada and Mexico. For the initial six months, Perot Systems will focus on helping to migrate select applications and consolidate Altivity's data center into Perot Systems' Plano Technology Center. Perot Systems will also provide network services management, telecommunications support, and its RS6000 utility computing and storage solution from its Technology Center.
"Our industry-specific knowledge, mature IT processes and data center capabilities provide Altivity with the ability to reliably, quickly and economically set up and maintain the IT infrastructure needed to run their systems and network," explained Steve Curts, president of Perot Systems commercial solutions group. "As a result, Altivity will be better positioned to achieve significant performance and cost benefits, such as more timely and economical support for their divisions and groups, as well as a more efficient use of their financial resources."
About Altivity
Altivity Packaging is a leading manufacturer of consumer packaging products and is one of the largest privately held packaging companies. The company is a leading producer of coated-recycled boxboard and manufactures folding cartons; multiwall and consumer bag packaging; plastic packaging; label solution; inks/coatings; contract packaging; and laminations for a variety of consumer and industrial companies. The company also produces a full-line of high quality, decorative gift boxes for the mass market gift department stores and retail establishments. Altivity Packaging is a combination of the assets of Smurfit-Stone's Consumer Packaging Division and Field Container Company, L.P. Altivity Packaging operates six recycled boxboard mills and 51 consumer packaging facilities in North America. The
company is headquartered in the Chicago area and employs approximately 8,000 employees in the U.S., Canada and Mexico.
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 21,000 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.
Perot Systems Corporation
CONTACT: TwylaBeth Lambert of Perot Systems Corporation, +1-972-577-6395, or TwylaBeth.Lambert@ps.net
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