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| Florida Power &
Light Company Chooses A.T. Kearney Procurement Solutions for eSourcing
Technologies and Services Largest Investor-Owned Florida Electricity/Utility Company to Reduce Costs with eSourcing Products and Services PLANO, Texas (April 10, 2003) A.T. Kearney, the global management consulting subsidiary of EDS, today announced that Florida Power & Light Company, the largest investor-owned Florida electric utility, signed a contract with A.T. Kearney Procurement Solutions for the use of its eSourcing negotiation technologies and services. The agreement provides FPL with unlimited use of the A.T. Kearney Procurement Solutions RFP and Auction technologies, as well as intellectual capital available through A.T. Kearney Procurement Solutions' eSourcing Management support and Supply Market Solutions, a web-based resource for strategic sourcing content and methodologies. FPL, an experienced user of eSourcing technology, recently signed an A.T. Kearney Procurement Solutions annual contract with an opportunity for two years of extensions. “A.T. Kearney Procurement Solutions had the right combination of strategic sourcing expertise, eSourcing functionality and pricing flexibility to make this a win-win for everyone involved,” says Ari Chaney, vice president of Integrated Supply Chain for FPL. Michael Sorensen, A.T. Kearney Procurement Solutions vice president of Global Sales and Marketing, said, “We are very excited about working with a forward-thinking utility like FPL. We believe our services and technologies are an important tool that can help revolutionize an industry that is becoming more competitive and cost-conscious. Complete procurement transformation is an important strategy for utilities to embrace in such a challenging environment.” About Florida Power & Light Florida Power & Light Company is the principal subsidiary of FPL Group, Inc. (NYSE: FPL), nationally known as a high quality, efficient and customer-driven organization focused on energy-related products and services. Florida Power & Light Company serves approximately 4 million customer accounts in Florida. Additional information is available on the Internet at www.FPL.com and www.FPLGroup.com. About A.T. Kearney A.T. Kearney Procurement Solutions (www.atkearneyprocurementsolutions.com) provides comprehensive strategic procurement services to clients with needs that range from tactical cost savings to outsourced strategic sourcing services to complete procurement transformation. A.T. Kearney Procurement Solutions augments the strategic sourcing expertise of A.T. Kearney (www.atkearney.com), one of the world's largest management consulting firms. With a global presence that includes more than 60 offices in 37 countries, spanning major and emerging markets, A.T. Kearney provides strategic, operational, organizational and technology consulting and executive search services to the world's leading companies. A.T. Kearney is the high-value management consulting subsidiary of global services leader EDS. About EDS EDS, the leading global services company, provides strategy, implementation, business transformation and operational solutions 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 60 countries. EDS reported revenues of $21.5 billion in 2002. 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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