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08 July 2003

Software Solutions To Spur Speed By the Seashore: France’s K-Challenge Team To Use EDS Product Lifecycle Management (PLM) Software To Design and Develop America’s Cup Entry

PLANO, Texas -- Attention, 2007 America’s Cup finish line: product lifecycl e management (PLM) software from EDS is helping a world-class design team attemp t to steer its craft toward you faster than ever before. EDS today announced K-Challenge, the French team competing in the 2007 America&# 146;s Cup race, will use EDS PLM software solutions to design and develop its wa tercraft to meet its aggressive competitive goals. The 2007 America’s Cup is scheduled for the summer of 2007 in southern Europe. The prestigious international team will use EDS’ NX suite of computer-aided design, manufacturing and engineering analysis (CAD/CAM/CAE) solutions for prod uct definition, performance simulation and digital manufacturing. The NX suite i ncludes two of the world’s most advanced CAD/CAM/CAE offerings, Unigraphics ® NX and I-deas® NX Series. The K-Challenge team, considered to be the most advanced European challenger in the 2007 race, is managed by Dawn Riley, winner of the 1992 America’s Cup a s a member of America3 and the first American to have raced on three America’s C up and two Whitbread Round-the-World sailing teams. “I am very excited about the team we have built for K-Challenge and we cons ider EDS an important part of that team,” said Riley. “With today&#146 ;s strict design rules for America’s Cup, speed and innovation are two of t he most important aspects of boat design and development. We believe the PLM too ls from EDS give us a competitive edge. Our talented design team can use EDS&#14 6; NX suite of tools to quickly evaluate several different alternatives and dete rmine which will give us the best combination of speed, strength and weight with out building expensive and time-consuming physical models.” NX Offerings EDS’ Unigraphics NX and I-deas NX Series are used globally by a wide range of manufacturers to develop some of the world’s most sophisticated and inno vative products.On June 5, 2003 EDS announced it would expand its NX offerings with the deliver y of NX Nastran, the world’s leading digital engineering simulation softwar e. “We are proud that world-class organizations like K-Challenge, with such de manding design requirements and tight development schedules, have chosen to leve rage our PLM technology and expertise to help them achieve their extraordinary g oals,” said Tony Affuso, president of EDS PLM Solutions. “EDS has est ablished itself as the PLM market leader by solving some of the world’s mos t challenging business problems for global manufacturers. The trust K-Challenge has placed in our solutions is evidence of the strong technology foundation supp orting our leadership position. “Their use of EDS’ technology is also indicative of the increasingly e xpanding market for PLM software.” About EDS EDS, the world’s largest independent information technology services compan y, provides strategy, implementation, business transformation and operational so lutions for clients managing the business and technology complexities of the dig ital economy. EDS brings together the world’s best technologies to address critical client business imperatives. It helps clients eliminate boundaries, c ollaborate in new ways, establish their customers’ trust and continuously s eek 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. Note: Unigraphics and I-deas are registered trademarks of EDS or its subsidiari es in the United States and in other countries. All other trademarks, registered trademarks or service marks belong to their respective holders.

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Jim Phelan
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jim.phelan@siemens.com