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12 January 2004

STABILUS Standardizes on UGS PLM Solutions' Unigraphics® NX and Teamcenter® with Multi-Million Dollar Software and Services Contract

PLANO, Texas and KOBLENZ, Germany -- UGS PLM Solutions, the product lifecycle management (PLM) subsidiary of EDS, today announced STABILUS GmbH, a leading manufacturer of hydro-pneumatic adjustment elements (gas springs, hydraulic vibration dampers, etc.) has selected UGS PLM Solutions as its new technology partner for PLM and has standardized on Unigraphics® NX and Teamcenter® as its PLM backbone for global collaboration.

STABILUS conducted a comprehensive evaluation of software from various PLM software providers before selecting UGS PLM Solutions' Teamcenter; the world's most widely used product data management solution, for its collaboration backbone. The company will use Teamcenter to implement design management, document management and workflow management. In addition, it will use NX -- a comprehensive portfolio of computer aided design (CAD), computer aided manufacturing (CAM ) and computer aided engineering (CAE) software solutions for digital decision making -- for its end-to-end advanced product development.

Due to the increasing complexity of its new products, STABILUS required an enhanced PLM solution to replace its existing automated layout and 2D design solution -- which consisted of internally developed software programs and standard 2D CAD software and interfaces -- with an integrated 3D system with the ability to integrate the existing process knowledge and automatically create all required documents.

"STABILUS was not only searching for an enhanced PLM solution but also a technology partner with the ability to provide us a best-of-breed solution. UGS PLM Solutions was the perfect choice," said Andreas Genieser, project manager at STABILUS. "UGS PLM Solutions offered us technologically advanced products such as Unigraphics NX and Teamcenter, but the crucial decision making factor was the service professionals with a clear understanding of our requirements and industry specific knowledge to deliver a customized comprehensive solution."

"As products become more and more complex companies worldwide are recognizing the need for advanced PLM solutions with the ability to more efficiently integrate and manage design data while speeding up the design and development process," said Tony Affuso, president and CEO of UGS PLM Solutions. "STABILUS' decision to choose UGS PLM Solutions for the superiority of our technology and professionals is a testament to our leadership in the industry and our ability to leverage existing IT investments for fast implementation and quick return-on-investment."

About Teamcenter and NX

Teamcenter, the world's most widely used product data management solution, is a scalable, integrated solution that allows manufacturers to design new products in a communication environment that enables geographically distributed data sharing for product lifecycle data. Based on open standards, Teamcenter integrates with each customer's existing IT investment -- and the systems of partners and suppliers -- further supporting rapid implementation and adoption throughout the extended enterprise. Teamcenter brings together the collective knowledge and insight of the enterprise in an open, collaborative environment, so clients can make smarter product-related decisions that lead to better and more cost-effective products. Teamcenter creates an intellectual asset management environment that elevates knowledge as a corporate asset, uniting product knowledge with process innovation to deliver business value throughout the product lifecycle.

NX provides a comprehensive portfolio of CAD/CAM/CAE software solutions for digital decision making founded on a next-generation architecture and technologies that uniquely address the driving business issues in product development. NX allows clients to conceive, design, engineer and validate discretely manufactured products -- and capture their product definitions -- in a fully digital environment.

About STABILUS

STABILUS is a manufacturer of hydro-pneumatic adjustment elements (gas springs), hydraulic vibration dampers, hydraulic doorstays, and automatic opening and closing systems for doors, trunk lids, and tailgates. The company was founded in 1934 in Koblenz, Germany. Today, STABILUS is a global operating company with 10 plants in 10 countries on 5 continents. Beyond that STABILUS operates a world-wide selling and service network with own selling centers in the USA, Japan and Singapore. Gas springs and absorbers of STABILUS are today almost everywhere present whether in automobiles, other vehicles, swivel chairs or machinery. With its product lines gas springs and hydraulic shock absorbers STABILUS is the world market leader with an annual production of more than 100 million units. Learn more at www.Stabilus.com.

About UGS PLM Solutions

UGS PLM Solutions, a leader in product data management, collaboration and product design software and services with 41,000 clients and more than 2.6 million seats of technology operating in the market, is the product lifecycle management (PLM) subsidiary of EDS. The company works collaboratively with its clients to create solutions enabling them to transform their process of innovation and thus begin to capture the promise of PLM. The integration of the former operations of companies including Structural Dynamics Research Corporation (SDRC), Engineering Animation Inc. (EAI) and UGS, UGS PLM Solutions has created some of the leading design, collaboration and product data management technologies that ultimately formed the foundation of the PLM industry. Today, the company is a family of one, building on three decades of leadership in continuing to be a pioneer in PLM. For more information on UGS PLM Solutions products and services, visit www.ugsplmsolutions.com or www.eds.com.

About EDS

EDS, the world's most experienced outsourcing services company, delivers superior returns to clients through its cost-effective, high-value services model. EDS' core portfolio comprises information-technology and business process outsourcing services, as well as information-technology transformation services. EDS' two complementary, subsidiary businesses are A.T. Kearney, one of the world's leading high-value management consultancies, and UGS PLM Solutions, a leader in product data management, collaboration and product design software. With 2002 revenue of $21.5 billion, EDS is ranked 80th on the Fortune 500. The company's stock is traded on the New York (NYSE: EDS) and London stock exchanges.

Note: Teamcenter and Unigraphics are registered trademark of UGS PLM Solutions Inc. or its subsidiaries in the United States and in other countries. All other trademarks, registered trademarks or service marks belong to their respective holders. The statements in this news release that are not historical statements, including statements regarding the amount of new contract values, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond EDS’ control, which could cause actual results to differ materially from such statements. For information concerning these risks and uncertainties, see EDS' most recent Form 10-Q. EDS disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.