EDS And FranklinCovey Strike Long-Term Agreement.

EDS Corp. and FranklinCovey Company concluded a broad information technology pact under which EDS was awarded a 15-year, $469 million contract for CRM and IT services. EDS awarded FranklinCovey a $25 million contract for learning and performance solutions and tools to increase service excellence within EDS. EDS will provide customer interaction center, warehousing and distribution services to support FranklinCovey's CRM program, and approximately 400 FranklinCovey warehousing and customer care call center employees will transfer to EDS. FranklinCovey will transition its Salt Lake City customer care, warehousing, product fulfillment and distribution facilities to EDS for an anticipated cost savings of $50 million. FranklinCovey will provide learning and performance services for EDS, including its leadership and productivity curriculum, assessment and consulting services. EDS will leverage FranklinCovey's expertise by providing FranklinCovey solutions and tools to employees who transition to EDS from client co mpanies to help integrate them into EDS' mission and cultural values. The two companies also will develop, co-brand and market online versions of FranklinCovey's solutions.