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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: kemble s. matter who wrote (142072)	9/15/1999 7:09:00 AM
From: J. D. Main	Read Replies (2) \| Respond to of 176387

Pilgrims.....Another deal for DELL with Barclays---------> BARCLAYS SIGNS 50 MLN POUNDS I.T. DEAL WITH DELL (The following is a reformatted version of a press release issued by Barclays and Dell Computer Corporation.) BARCLAYS SIGNS ?50 MILLION DEAL WITH DELL TO CENTRALISE GLOBAL IT Sept. 15 -- Barclays and Dell Computer Corporation today (September 15, 1999) announced a groundbreaking three-year contract worth over ?50 million. As part of Barclays new centralised approach to IT, Dell will provide Barclays with a total managed global service enabling the bank to offer leading-edge solutions to PC users throughout its business, as well as improving productivity and reducing costs. This will ensure Barclays continues to build on its reputation for harnessing technology to provide its customers and employees with product and service innovations. Under the three year contract Dell will provide Barclays with all its PC servers, desktops, workstations, notebooks and associated PC accessories and services. During the course of an extensive evaluation process, Dell competed with 10 other suppliers to win the contract for what is considered to be one of the largest desktop Wintel environments in Europe. The contract with Dell follows Barclays recent announcement that it is to form, Barclays Service Provision, which will bring together information technology (IT) and operations areas. Barclays Service Provision is part of Barclays Retail Financial Services. Dell will work initially with the retail and corporate business areas of the Barclays Group. Commenting on the deal with Dell, David Weymouth, managing director of Barclays Service Provision, said: ``Dell's direct model provides us with a flexible, customised and efficient service that we believe is the best available. Dell will play an important role in our new centralised approach to technology and operations and will provide a streamlined service with fast response times to enable us to respond rapidly to changing business needs. ``By moving to a partnership model and creating a three year deal, we will be able to move at the Internet speed that our business now demands. This deal helps us to move Barclays towards a position as technology leader in the UK banking industry.' Michael Dell, Chairman and CEO of Dell, commented: ``This agreement underlines our ability to provide a quality, one-stop solution on an enterprise scale and clearly illustrates the advantages of our unique Direct business model. Business velocity, efficiency and the ability to deliver a superior customer experience - all integral elements of the Dell Direct Model - are fast becoming the new competitive differentiators, not just within the IT industry but across all businesses as a whole.' As the single supplier, Dell will partner 'best of breed' industry suppliers to deliver any additional services required by Barclays. Dell will also provide Barclays with a suite of enterprise-level services, including custom software image loading through its DellPlus(Tm) factory integration service, warranty and technical support and installation services at Barclays sites. Barclays has chosen as standard for its retail and corporate businesses: Dell PowerEdge servers; Dell OptiPlex desktops; Dell Precision WorkStations; Dell Latitude notebooks; and selected peripherals through the DellWare programme. Barclays can place procurement requests with Dell either via a dedicated call centre or customised Internet Premier Page STM that will allow purchasing staff to configure and order Barclays standard systems online. J.D.