Perot Systems Awarded 5-Year Contract Extension by Old Mutual for IT and Administrative Services

Agreement Highlights Track Record of Flexible and Scalable Insurance Solutions


PLANO, Texas, Aug. 18  /PRNewswire-FirstCall/ -- Perot Systems Corporation (NYSE:PER) (http://www.perotsystems.com/) today announced that the company has been awarded a five-year extension to its current administrative services agreement with Old Mutual U.S. Life, a national financial services organization. The agreement extends the current seven-year relationship between the companies until 2014.  Under terms of the agreement, Perot Systems will continue to provide ongoing insurance policy administration and IT solutions.

"It is an honor to support Old Mutual U.S. Life and their efforts to help families and businesses achieve secure financial futures," said Peter Altabef, Perot Systems President and Chief Executive Officer.  "We are committed to helping Old Mutual U.S. Life grow their business and further enhance the experience of their customers."

The contract extension highlights Perot Systems' ability to handle fluctuating levels of business while also providing quality customer service, including call center and claims support, policyholder and new business administrative services, as well as product configuration and implementation.

"We look forward to our extended relationship with Perot Systems," stated Vic Lumby, Senior Vice President, Client Services and Technology.  "We will continue to rely on their expertise to provide us with the quality service and cost efficiencies that are vital to our success."

Perot Systems provides end-to-end business process, consulting, application and infrastructure solutions to the life insurance and annuity industries through its licensed insurance subsidiary.  The company currently manages more than over 3,000,000 policies for more than 30 leading life insurance and annuity providers across the world.

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 2008 revenue of $2.8 billion. The company has more than 23,000 associates located in the Americas, Europe, Middle East and Asia Pacific. 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, 2008, 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.

  MEDIA CONTACTS:
  PEROT SYSTEMS CORPORATION
  Insurance Solutions
  David Ricketts
  [phone]
  

DATASOURCE: Perot Systems Corporation



CONTACT:  David Ricketts of Perot Systems Corporation Insurance

Solutions, [phone], 



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



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