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Wednesday March 3, 11:31 am Eastern Time
Company Press Release
SOURCE: Peritus Software Services, Inc.
Bull and Peritus Software Services
Announce Multi-Year Contract Extension
Peritus to Provide Software Maintenance Services to Bull HN
BILLERICA, Mass., March 3 /PRNewswire/ -- Peritus Software Services, Inc. (OTC
Bulletin Board: PTUS - news) a quality provider of solutions for software maintenance, and
Bull, an international I. T. group, today announced a contract extension under which Peritus
will provide Software Asset Maintenance(SM) (SAM) services to Bull's GCOS6 small
system customers worldwide. The up to seven year contract extension means that Peritus
will provide SAMSP services for the Bull worldwide client base beginning in the year 2000
through 2006. This contract covers the maintenance of all of Bull's minicomputer software
for the GCOS6 product line, including the HVX (GCOS6-to- UNIX) migration product.
This new contract is an extension of the original five year contract of September 1994,
which ends on December 31, 1999. The first four years of this extension have a total value
of $5.5 million, with the last three years to be negotiated.
''Our relationship with Peritus has helped us maintain our services business with our top
clients,'' said Steve McLean, Director of Customer Support for Bull in the United States.
''Peritus helps us be more effective in servicing our clients' software to meet their daily
business needs. Peritus delivers high quality, results-oriented software maintenance
solutions. Their unique approach significantly enhances the productivity and responsiveness
of the software maintenance function.
''By using Peritus software maintenance services, we achieved a 275 percent improvement
in our overall response times with an error rate of less than 2 percent,'' McLean said.
''Peritus achieved the results they promised during the first few months of the original
contract, and have improved upon them in each subsequent reporting period.''
Peritus' SAM services provide comprehensive software maintenance outsourcing solutions
which can be applied to system software, software products, and information systems. SAM
is delivered through a combination of organizational dynamics, workflow management, and
unique proprietary technology, and dramatically improves the productivity and
responsiveness of critically important software maintenance functions.
''Peritus is pleased by this contract extension, which allows us to continue to provide high
quality software maintenance services to Bull's clients,'' said Dominic Chan, CEO and
president of Peritus.
About Bull
Present in nearly 100 countries with more than 20,000 employees and combined revenues
of more than $4.2 billion in 1998, Bull offers a comprehensive range of systems,
infrastructure software and IT services through focused innovation, alliances with the best
partners and its own integration expertise. Based in France, Bull's worldwide software
division, BullSoft, and its North/South American operations are headquartered in Billerica,
Mass. The company's web addresses are bull.com and for the United States,
www.us.bull.com .
About Peritus
Peritus Software Services, Inc. is a quality provider of software maintenance solutions that
boost the productivity, quality, and performance of IT systems. Using unique technologies
and processes, Peritus transforms software maintenance into an efficient, cost-effective
practice. Offerings include Software Asset Maintenance (SAM) tools and services for
long-term software management, and Renovation Quality Evaluation (RQE) tools and
services for IV&V of Year 2000 renovations. Founded in 1991, Peritus Software Services
(OTC Bulletin Board: PTUS - news) is headquartered in Billerica, MA. Visit our web site at
peritus.com .
Peritus is a registered trademark and Software Asset Maintenance and Renovation Quality
Evaluation are service marks of Peritus Software Services, Inc.
SOURCE: Peritus Software Services, Inc. |
