3Com and EDS Launch New Relationship; EDS to Include 3Com Products into Its Solutions.Business Editors/High-Tech Writers MARLBOROUGH, Mass. & PLANO, Texas--(BUSINESS WIRE)--Dec. 2, 2003 EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. Incorporates 3Com Enterprise Data and Voice Networking Solutions into Its Product Portfolio 3Com Corporation (Nasdaq: COMS COMS 3Com Corporation (stock symbol) COMS Certified Orientation and Mobility Specialist COMS Continuous Opacity Monitoring Systems COMS City of Manchester Stadium (UK) ) and EDS today announced they have signed an agreement in which EDS will include 3Com's broad portfolio of switches, routers and voice over Internet protocol (VoIP) enterprise networking products into its solutions. The launch complements 3Com's extensive reseller and partner channel which continues to be successful in targeting mid-and small-enterprise customers. As part of today's announcement, 3Com and EDS will collaborate in solution development activities meeting the needs of enterprise customers. "EDS is the ideal partner to bring 3Com products and solutions to the enterprise," said Bruce Claflin, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , 3Com Corporation. "3Com's broad product portfolio packaged as a part of EDS-developed and -supported solutions will provide customers with superior choice and value." "The 3Com relationship supports EDS' strategy to leverage a portfolio of best-of-breed technologies for the unique needs of enterprise clients," said Joe Warnement, president of Communications Services, EDS. "3Com emerges at the cutting edge of blending high performance with critical cost of ownership needs, which are increasingly key decision-making factors facing executive-level clients." EDS will initially rollout 3Com technologies in the U.S. and U.K. and in vertical markets such as retail and finance, with later expansion to additional countries and vertical industries. Initial technologies EDS will include in its solutions suite are 3Com's VoIP solutions for new customer opportunities and 3Com switches and routers. About 3Com Corporation 3Com is a tier-one provider of innovative, practical and high-value voice and data networking products, services and solutions for enterprises of all sizes and public sector organizations. For further information, please visit www.3com.com, or the press site www.3com.com/pressbox. About EDS EDS, the premier global 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 Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in 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 UGS In currencies, this is the abbreviation for the Uganda Shilling. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. PLM (Product Life cycle Management) A comprehensive information system that coordinates all aspects of a product from initial concept to its eventual retirement. Sometimes called the "digital backbone" of a product, it includes the requirements phase, analysis and design 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 New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and London stock exchanges London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. . 3Com and the 3Com logo are registered trademarks of 3Com Corporation. All other company and product names may be trademarks of their respective holder. The foregoing press release contains forward-looking statements under the federal securities laws about the relationship between 3Com and EDS, including statements concerning development activities and delivery of solutions for the enterprise networking industry. These forward-looking statements are subject to significant risks and uncertainties, in particular, the development of solutions for enterprise customers may not occur as anticipated. Investors are also encouraged to read the "Risk Factors" section of 3Com's annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended May 30, 2003, and 3Com's quarterly report on Form 10-Q Form 10-Q See 10-Q. for the quarter ended August 29, 2003, which are on file with the Securities and Exchange Commission. |
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