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EDS Secures Contracts with German Shipyards

Maritime Activity Reports, Inc.

January 14, 2003

EDS announced product lifecycle management (PLM) software and services contracts with three leading German shipyards. Valued at $10 million, the contracts with Blohm + Voss, Nordseewerke, and Luerssen establish EDS PLM Solutions software and services as the corporate standard with three new clients and highlight the company's leadership and momentum in global shipbuilding, one of the PLM industry's most important segments. The shipyards will use EDS' Teamcenter and Unigraphics NX software solutions to manage their entire product development and manufacturing processes for naval ships and luxury yachts. In addition, they will use Teamcenter and Unigraphics NX to develop the new Corvette-class K130 based on a new concurrent engineering concept for the shipbuilding industry. The K130 is being built for the German Navy beginning this month by a consortium of shipyards in which they are members. "We are pleased to have been selected by these three world-class shipyards as the industry's premier supplier of PLM solutions for global shipbuilding," said Jim Duncan, president of Europe, EDS PLM Solutions. "In addition to reinforcing our strength in this industry, these significant contracts reflect a pattern of success we have established in Germany and around the world in establishing our software and services as clients' corporate standard."

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