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U.S. Navy Awards eBreviate $13.8
Million Contract To Provide Online Auctions
EDS Subsidiary's Largest Contract Follows on Heels of Record
$6.9 Billion EDS/Navy deal
WALNUT CREEK, California (December 11, 2000) eBreviate, an
EDS company offering a market-leading suite of eSourcing tools,
technologies and services, today announced it won a
five-year contract to provide full-service Web-based auctions to
the U.S. Navy valued at $13.8 million.
Primary users of eBreviate auctions will be Navy customers served
by the Naval Supply Systems Command (NAVSUP); however, other federal
agencies and divisions of the Department of Defense may take advantage
of the contract as well. The contract calls for eBreviate to supply
software,
technology and Web hosting, as well as the services of its eSourcing
Managers, to conduct more than a dozen reverse and forward auctions
per month.
The eBreviate contract closely follows news of a separate $6.9 billion
Navy award to eBreviate's parent company, EDS, to streamline and
improve information technology services for the Navy and Marine
Corps. By using eBreviate's auction tools, the Navy expects to reduce
procurement lead times, bottom line costs and the inefficiencies
of traditional supplier identification techniques across its entire
purchasing operation.
eBreviate won this contract with the Navy because of its proven
record of providing commercially available, secure, user-friendly,
large-volume auctions, and established training procedures for both
suppliers and buyers. eBreviate's demonstrated ability to provide
technical assistance prior to and during auction events also weighed
in the Navy's decision.
"We're very proud the Navy selected eBreviate's eAuctions over
competing technologies and service models," said Sarah Pfaff,
executive vice president of sales, marketing and strategy at eBreviate.
"Our eSourcing solution has repeatedly provided dramatic savings
of time and money to purchasing professionals, and now, for the
first time, the American taxpayer will benefit from similar savings.
We anticipate the Navy will take the lead in making auctions standard
operating procedure throughout the federal government. This contract
will likely encourage private industry to more seriously consider
adopting this better way of doing business."
About eBreviate
eBreviate, an EDS company, combines leading-edge technology with
market-driven content and in-field services to deliver the best
eSourcing solutions to global businesses, governments, and net markets.
Located in Walnut Creek, California, with regional offices in Plano,
Texas and London,
England, eBreviate enables purchasing organizations to become razor
sharp and rigorous in what they buy, from whom they buy it, and
under what commercial terms. eBreviate's integrated and automated
eSourcing tools take out time, cost, and inefficiency from the procurement
cycle. This automation brings greater productivity and accountability
to purchasing, while optimizing the way buyers and suppliers qualify,
negotiate, and evaluate their business relationships. eBreviate
can be
found online at www.ebreviate.com.
About EDS
EDS, the leading pure-play global services company, provides strategy,
implementation and hosting for clients managing the complexities
of the digital economy. EDS brings together the world's best technologies
to address critical client business imperatives. It helps clients
eliminate boundaries, collaborate in new ways, establish their customers'
trust and continuously seek improvement. EDS serves the world's
leading companies and governments in 55 countries globally. 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. Learn more at www.eds.com.
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