U. S. Navy Saves Nearly $900,000 Using eBreviate Auction

First Auction Under New Contract Produces 29 Percent Savings

WALNUT CREEK, California (August 29, 2001) eBreviate, an EDS company offering a market-leading suite of eSourcing tools, technologies and services, today announced the United
States Navy's Fleet and Industrial Supply Center saved nearly $900,000 by purchasing container-packing services using Internet negotiation technology from eBreviate.

The Navy's existing agreement for container-packing services was originally budgeted for more than $3 million, but under its $13.8 million auction contract with eBreviate - announced in December 2000 - the Navy was able to negotiate a price of $2.1 million, saving 29 percent over the original price. The Navy is currently undergoing a standard review process to award the final pack and crate shipment services agreement to the successful bidder.

Online downward auctions from eBreviate save private sector buyers an average 16 percent, and sometimes as much as 50 percent, on the purchase of a wide variety of products and services. Federal agencies and the U.S. Navy now use these same technologies to pass similar savings along to U. S. taxpayers.

"The auctions we're conducting with our partners in the Navy are just the beginning of a program we believe will result in significant savings of government time and costs for years to come," said Luke Saban, chief operating officer of eBreviate. "To their credit, they are taking a leadership role in deploying Internet negotiation technology, thus driving efficiency into the procurement systems of the U. S. government."

A second eBreviate auction for the Navy's Inventory Control Point in Philadelphia is complete. The second auction for the acquisition of helicopter-mounted radar equipment containers resulted in savings of more than $30,000.

Al Edmonds, president, EDS Federal, said, "This is a great example of how EDS and our partners develop solutions to reduce costs. A web-based downward auction uses technology to eliminate boundaries and enables innovative collaboration - an important part of what it takes to be successful in today's digital economy."

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 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 global services company, provides strategy, implementation and hosting for clients managing the business and technology 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, with its management consulting subsidiary, A.T. Kearney, serves the world's
leading companies and governments in 55 countries. EDS reported revenues of $19.2 billion in 2000. The company's stock is traded on the New York Stock Exchange (NYSE: EDS) and the London Stock Exchange. EDS can be found online at www.eds.com.

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