Press Release: January 05, 2009
Topics:

Saber Government Solutions Re-branded as EDS, an HP Company

HERNDON, Va., Jan. 5, 2009

EDS, an HP company, today announced that Saber Government Solutions, its non-healthcare U.S. state and local government subsidiary, has become the State and Local Government division of EDS’ U.S. Public Sector business unit and will be known as EDS, an HP company, effective Jan. 1, 2009.

When EDS acquired Saber in November 2007, the company became known as Saber Government Solutions, a wholly owned subsidiary of EDS. The most recent name change is part of a strategic initiative leveraging the strengths of Saber, EDS and HP to enhance the combined company’s existing offerings and expand its footprint into new areas in the state and local market.

The EDS State and Local Government unit delivers proven IT solutions in election management, motor vehicle administration, tax and revenue management, child support enforcement, child care management, public retirement benefits administration, public safety and justice, unemployment insurance, and IT outsourcing.

“With Saber adopting the EDS name, we reaffirm our commitment to the state and local government market and the continued success of our clients,” said Frank Chechile, vice president of the State and Local Government unit at EDS, an HP Company. “This transition will provide our clients with access to comprehensive solutions focused on the needs of citizens; solutions that are enhanced by EDS’ best-in-class service offerings and HP’s industry-leading hardware and software.”

As one of the world’s largest providers of IT services, EDS has helped protect the critical needs of national, state, local and provincial governments for 46 years.

EDS’ State and Local Government unit will be managed out of EDS’ U.S. Public Sector organization in Herndon, Va. The EDS U.S. Public Sector team provides a full spectrum of technology services to federal, state, local government agencies across the United States.

About EDS

EDS, an HP company, is a leading global technology services provider, delivering business solutions to its clients. EDS founded the information technology outsourcing industry more than 46 years ago. Today, EDS delivers a broad portfolio of information technology, applications and business process outsourcing services to clients in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries, and to governments around the world.

About HP

HP, the world’s largest technology company, simplifies the technology experience for consumers and businesses with a portfolio that spans printing, personal computing, software, services and IT infrastructure. More information about HP (NYSE: HPQ) is available at http://www.hp.com.


This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance or market share relating to products and services; anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the execution and performance of contracts by HP and its customers, suppliers and partners; the achievement of expected results; and other risks that are described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended July 31, 2008 and HP’s other filings with the Securities and Exchange Commission, including but not limited to HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2007. HP assumes no obligation and does not intend to update these forward-looking statements.

EDS and the EDS logo are registered trademarks of Hewlett-Packard Development Company, LP.
HP is an equal opportunity employer and values the diversity of its people. © 2009 Hewlett-Packard Development Company, LP.


Editorial contacts:

Ericka Floyd, EDS: ericka.floyd@eds.com

About HP

HP Inc. creates technology that makes life better for everyone, everywhere. Through our portfolio of printers, PCs, mobile devices, solutions, and services, we engineer experiences that amaze. More information about HP Inc. is available at http://www.hp.com.