PLANO, Texas, May 12 /PRNewswire/ --
- Ireland-based acquisition adds to Perot Systems' global applications delivery capabilities
Perot Systems Corporation (NYSE: PER) announced today that it has acquired Original Solutions Limited (Original Solutions), a professional IT services firm providing applications development and management services to clients in Ireland and the United Kingdom. Financial details of the acquisition were not disclosed.
Original Solutions' competencies include web applications and client server development, enterprise integration and legacy systems re-engineering, as well as significant expertise in IT Service Management and IT Infrastructure Library process management. Based in Limerick and Dublin, Ireland, Original Solutions employs approximately 90 people and reported revenues of euro 9 million in 2007.
"We are pleased to welcome Original Solutions to the Perot Systems global team," said Peter Altabef, president and CEO of Perot Systems Corporation. "With its technology expertise and commitment to operational excellence, Original Solutions will enhance our expanding worldwide IT services capabilities."
"We are proud to be joining Perot Systems," said John Collins, Chief Executive Officer of Original Solutions. "The scale and reach of Perot Systems will enable us to better serve our existing clients and provide new opportunities for our team members. We look forward to becoming a part of Perot Systems' global operations."
"Original Solutions strengthens our portfolio of services and capabilities in the Irish and EMEA markets," said Stephen Walsh, client executive for Perot Systems in Ireland.
Original Solutions' clients include Allied Irish Bank, Bank of Ireland, Eircom, and O2. John Collins, the original founder, will remain as head of the company and will facilitate further expansion.
About Original Solutions
Original Solutions provides business and technology services and cost effective applications management. With an office in Dublin and a near-shore solution center in Limerick, Original Solutions helps companies to harness and optimize IT Effectiveness. Original Solutions' associates work closely with clients to bring significant improvements in quality, customer service and operational performance, delivering advantage across the enterprise. The company possesses outstanding methodologies and technical skills and employs approximately 90 people in Ireland.
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 2007 revenue of US$2.6 billion. The company has more than 23,000 associates located in North America, Europe, MENA 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, 2007, 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 US - Global Joe McNamara +1-972-577-6165 firstname.lastname@example.org UK Charlie Richards +44-20-7892-1071 Charlie.email@example.com Ireland Mary Sweetman +353-0-86-856-0425 firstname.lastname@example.org
Web site: http://www.perotsystems.com
US - Global: Joe McNamara, +1-972-577-6165, or email@example.com, or UK, Charlie Richards, +44-20-7892-1071, or Charlie.firstname.lastname@example.org, or Ireland, Mary Sweetman, +353-0-86-856-0425, or email@example.com, all of Perot Systems Corporation