EDS eBreviate Moves Headquarters to Walnut Creek For Advantages of Booming East Bay Economy

eSourcing Business Expands Employee And Training Facilities By Relocating From San Francisco

WALNUT CREEK, California (June 14, 2000) EDS' eSourcing business, eBreviate, a leading provider of Web-based tools to power corporate procurement over the Internet, today announced the move of corporate headquarters to Walnut Creek, California. In an effort to make room for its rapidly
expanding workforce and take advantage of the exploding East Bay hi-tech economy, eBreviate is relocating from its current San Francisco location to an 8,600 square-foot facility in the Shadelands Business Park. The company is confident this move will benefit customers and employees alike, as increased space and easy East Bay access for commuters will allow eBreviate to more effectively manage customer eSourcing, training and corporate e-procurement events.

"We're excited that this move, along with our anticipated expansion into the adjacent 8,600 square-foot unit within the next six months, will accommodate our immediate growth plans," said Niul Burton, president of eBreviate. "This dedicated environment will provide us the space we need to create an e-sourcing technology operations center,' as well as providing a convenient and cost-effective alternative for our East Bay and surrounding resident employees as the company grows."

The move comes at a time when technology companies are moving from Silicon Valley and San Francisco to the East Bay to take advantage of the strong and resilient Contra Costa County
economy. A recent report by the Economic Development Alliance for Business (EDAB) reports that the East Bay is already home to 3,300 hi-tech firms employing 129,000 people, of which almost half are in the software industry. The report goes on to say that the East Bay will remain at the "forefront of the economy of the new millennium."

"We really look forward to eBreviate being located in Walnut Creek," said Jay Hoyer, president of the Walnut Creek Chamber of Commerce. Having just concluded hosting the well-attended Walnut Creek Technology Fair, Hoyer sees this as a trend in his community. "eBreviate will join a wide array of hi-tech businesses already here, as Walnut Creek is moving very rapidly into the technology frontier."

Charlie Abrams, mayor of Walnut Creek, echoed the enthusiasm expressed by Hoyer. "I'm excited that businesses like eBreviate are choosing to join us in Walnut Creek," he said, to join in "the good quality of life we've got out here."

The facility, located at 2125 Oak Grove Road, near the entrance to Mt. Diablo State Park, will house eBreviate's executive team, the marketing, product development and operations groups, as well as the operations center to support a rapidly expanding workforce that is expected to grow to 120 by the end of the year. At the business park's center stands a farming museum, contained in a 1903 farmhouse, recalling the agricultural history of the region.

About eBreviate
eBreviate, an EDS company, is a leader in web-based solutions that enable corporations to take the time, cost, and inefficiencies out of buying. eBreviate combines over 20 years of experience from EDS' global management consultancy, A.T. Kearney, the world's leading strategic sourcing consultant, with advanced Internet technology to create some of the most reliable and
comprehensive tools available to improve the corporate purchasing process. eBreviate can be found online at www.ebreviate.com.

About EDS
EDS is a recognized global leader in providing E-business and information technology services to 9,000 business and government clients in about 50 countries around the world. Having founded the IT services industry more than 35 years ago, EDS delivers high value management consulting, electronic business solutions, business process management, and systems and technology expertise to help clients simplify complexity and achieve superior value in the digital economy. The company brings deep industry practice knowledge to solve challenges in a wide variety of industries, including communications, energy and chemicals, financial services, government, healthcare, products and retailing, and travel and transportation. EDS reported revenues of $18.5 billion in 1999.
The company's stock is traded on the New York Stock Exchange (NYSE:EDS) and the London Stock Exchange. To find out more about the EDS vision, visit EDS via the Internet at www.eds.com.

# # #