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Perot Systems Awarded Contract Extension By Daughters of Charity
Posted by: gurufocus (IP Logged)
Date: December 11, 2008 10:03AM

Press Release: Perot Systems Awarded Contract Extension By Daughters of Charity Perot Systems Corp. is a worldwide provider of information technology services and e-business solutions to a broad range of clients. The company serves clients by delivering services and solutions focused on each client's specific needs. It emphasizes developing and integrating information systems operating and improving technology and business processes and helping clients transform their businesses. The company helps companies take full advantage of e-business by leveraging their traditional strengths and technologies into digital marketplaces. Perot Systems Corp. has a market cap of $1.5 billion; its shares were traded at around $12.78 with a P/E ratio of 11.7 and P/S ratio of 0.57. Perot Systems Corp. had an annual average earning growth of 13.6% over the past 5 years. More on PER: Gurus buys and sells of PER 10-year financial history of PER. Insider buys/sells of PER.

Press Release:

PLANO, Texas, Dec. 11 /PRNewswire-FirstCall/ -- Perot Systems Corporation(NYSE: PER) ( today announced that the Daughtersof Charity Health System (DCHS) has awarded the company a contract extensionfor IT services. Under terms of the agreement, Perot Systems will continue toprovide full IT outsourcing services to include application implementation andsupport, desktop support, local and wide area network design and maintenance,data center management, server design and control, help desk and incidentmanagement.

"For the past seven years, Perot Systems has collaborated closely withDCHS to create enormous value. With this extension, we will be able to takeadvantage of Perot Systems' deep healthcare technology expertise, enabling usto focus on providing the world-class care our patients deserve," said DickHutsell, Chief Information Officer for Daughters of Charity Health System.DCHS includes six hospitals: Seton Medical Center, Daly City; Seton Coastside,Moss Beach; O'Connor Hospital, San Jose; Saint Louise Regional Hospital,Gilroy; St. Francis Medical Center, Lynwood; and St. Vincent Medical Center,Los Angeles.

Perot Systems and DCHS began their relationship seven years ago, and theextension will enable DCHS to continue to improve its information technologycapabilities, ultimately resulting in a fully automated electronic medicalrecord as well as a computerized physician order entry capability.

"We look forward to continuing our relationship with the Daughters ofCharity Health System. Perot Systems healthcare technology experts remaincommitted to enabling them to provide excellent care for patients," statedChuck Lyles, President of Perot Systems healthcare group.

About Daughters of Charity Health System

The Daughters of Charity Health System (DCHS) is a regional healthcaresystem of six hospitals and medical centers spanning the California coast fromthe Bay Area to Los Angeles. Our healthcare ministry exists to support themission of our sponsors, the Daughters of Charity of St. Vincent de Paul, byproviding holistic, spiritually centered care to the sick and the poor. TheDaughters of Charity has been serving Northern California for 152 years.Hospitals within DCHS include: Seton Medical Center, Daly City; O'ConnorHospital, San Jose; Saint Louise Regional Hospital, Gilroy; St. VincentMedical Center, Los Angeles; and St. Francis Medical Center, Lynwood.[]

About Perot Systems

Perot Systems is a worldwide provider of information technology servicesand business solutions. Through its flexible and collaborative approach, PerotSystems integrates expertise from across the company to deliver customsolutions that enable clients to accelerate growth, streamline operations andcreate new levels of customer value. Headquartered in Plano, Texas, PerotSystems reported 2007 revenue of $2.6 billion. The company has more than23,000 associates located in the Americas, Europe, Middle East and AsiaPacific. Additional information on Perot Systems is available at:7fa6:

This press release contains forward-looking statements that are subject toknown and unknown risks and uncertainties that could cause actual results todiffer materially from those expressed or implied by such statements. Forfactors that could affect our business and cause actual results to differmaterially, please refer to our Annual Report on Form 10-K for the fiscal yearended December 31, 2007, as filed with the U.S. Securities and ExchangeCommission and available at :7fa6:, as updated in our QuarterlyReports on Form 10-Q filed after such Form 10-K, for additional informationregarding risk factors. We disclaim any intention or obligation to revise anyforward-looking statements whether as a result of new information, futuredevelopments, or otherwise.

Perot Systems Corporation
     2300 West Plano Parkway
     Plano, TX  75075
     +1 972 577 0000

     Jonathan Moss
     +1 972 577 6395
Source: PRNewsWire More on PER: Gurus buys and sells of PER 10-year financial history of PER. Insider buys/sells of PER.

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