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Technology Stocks : Perot Systems (PER) -- Ignore unavailable to you. Want to Upgrade?

To: SCOOBEY-DO who wrote (444)	7/3/1999 3:45:00 PM
From: shane hartman	Respond to of 542

You missed this news release: Cedars-Sinai Health System Signs Ten-year Information Technology Agreement With Perot Systems DALLAS, June 24 /PRNewswire/ -- Perot Systems Corporation (NYSE: PER - news) and Cedars-Sinai Health System today announced a ten-year technology services agreement. Perot Systems will assume operational responsibility and provide services -- including professional consulting, application maintenance and operations, help desk and desktop support, network services, and technical infrastructure operations -- to Cedars-Sinai. Operations for these services will take place at the Cedars-Sinai location in Los Angeles, CA. Associates are in the process of transitioning to Perot Systems in support of this new agreement. ``This relationship is a further example of our continued commitment to the healthcare industry,' said Ross Perot, chairman, CEO, and president of Perot Systems. ``The healthcare industry is changing dramatically, and it is exciting to be working with leading healthcare systems, such as Cedars-Sinai, who are at the forefront of much of this change.' Tom Priselac, president and CEO of Cedars-Sinai, said, ``In surveying the field of potential IT partners, we identified Perot Systems as an industry leader in outsourcing services. We look forward to working with them to enhance our medical delivery capabilities.' ``We are very excited about the opportunity to work with such a prestigious healthcare system,' said Randall Booth, director of Perot Systems Healthcare Services Group. ``This relationship increases our presence in the non-profit healthcare market and expands our operations in Southern California.' Perot Systems Healthcare Services Group has approximately 850 associates devoted to understanding the business and technical issues affecting the healthcare industry. Over the past ten years, the Healthcare Group has built a foundation of services and solutions specific to clients' needs within each of the major healthcare segments -- Healthcare Systems and Physician Practice Management, Managed Care and Insurance, Specialty Care (post-acute, home health, and behavioral care), and Pharmaceutical and Medical Supplies. Perot Systems, based in Dallas, Texas, is a leading information technology services and business solutions company serving clients in various industries including financial services, healthcare, energy, and travel and transportation. Perot Systems has approximately 6,000 employees in North America, Europe, and Asia. More information on Perot Systems can be found through the World Wide Web at perotsystems.com. Cedars-Sinai Health System is the largest non-profit hospital in the western United States -- one that is internationally renowned for the best patient care that modern medicine has to offer. Founded in 1902, Cedars-Sinai Health System is comprised of Cedars-Sinai Medical Center with a medical staff of more than 1,900 physicians -- as well as a network of affiliated managed care physician organizations. SOURCE: Perot Systems Corporation