First Perot Systems Commercial Solutions Client in China
BEIJING, July 7 /PRNewswire-Asia/ -- Perot Systems Corporation (NYSE: PER) today announced that the company has entered in to an agreement to provide consulting services to HNA Group to improve its airline reservations systems. Perot Systems Chairman Ross Perot, Jr. and HNA Group Chairman Wang Jian met today in Beijing to formally kickoff the project. The agreement is the first between Perot Systems and a commercial aviation client in China, and marks the beginning of operations in China for the company's Commercial Solutions business unit.
"We are excited to be working with Hainan Airlines on their reservations systems and travel portals," said Ross Perot, Jr., Chairman of Perot Systems. "We look forward to supporting Hainan Airlines as they expand their service domestically and internationally."
HNA Group is the largest privately owned air transport company in China and includes six airlines with a combined fleet of 100 airplanes and 500 daily departures. Hainan Airlines is the largest carrier within the HNA Group.
As part of the engagement, Perot Systems will evaluate HNA Group's current capabilities in areas such as e-ticketing, reservations, departure control and airline reservations systems connectivity. Once complete, Perot Systems will assist HNA Group to deploy technology solutions to become a leader in providing end-to-end travel in China.
"Hainan Airlines is one of the top four airlines in China, which means it needs a technology solution that can integrate, and where applicable, automate, all of its critical moving parts, making them operate in a more syncopated, efficient manner," said Steve Curts, President of Perot Systems Commercial Solutions Group. "We look forward to working with HNA to demonstrate how Perot Systems can apply its expertise in the travel and logistics industries to make HNA a leader with its airline reservations system."
Building on more than 18 years of experience providing technology services to the travel industry, Perot Systems delivers advanced, flexible support that is relevant across various segments. The company has applied its highly flexible data model to four of the six top car rental companies in the world, delivering solutions that were once deemed cost-prohibitive. By making these efficiencies both achievable and cost-efficient, Perot Systems has helped these companies transform their operating models. The technology also allows companies to form direct, online, real-time relationships with key audiences and end consumers.
About Perot Systems
Perot Systems is a worldwide provider of information technology services and business solutions. Through its flexible and collaborative approach, Perot Systems integrates expertise from across the company to deliver custom solutions that enable clients to accelerate growth, streamline operations and create new levels of customer value. Headquartered in Plano, Texas, Perot Systems reported 2008 revenue of $2.8 billion. The company has more than 23,000 associates located in the Americas, Europe, Middle East and Asia Pacific. Additional information on Perot Systems is available at http://www.perotsystems.com/.
This press release contains forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. For factors that could affect our business and cause actual results to differ materially, please refer to our Annual Report on Form 10-K for the fiscal year ended December 31, 2008, as filed with the U.S. Securities and Exchange Commission and available at http://www.sec.gov/, as updated in our Quarterly Reports on Form 10-Q filed after such Form 10-K, for additional information regarding risk factors. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise.
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