EDS (NYSE: EDS – news) announced today Bimbo Bakeries USA, the U.S. subsidiary of Mexico’s Grupo Bimbo, S.A, has awarded EDS an information technology outsourcing contract under which EDS will provide services including infrastructure, network and desktop operations management and Enterprise Resource Planning operations support.
Terms of the agreement were not disclosed.
Bimbo Bakeries USA sells products under the Bimbo, Mrs Baird’s, Tia Rosa, Marinela and Weber brands. “Our company is committed to being a leader in the U.S. baking industry,” said Juan Muldoon, president, Bimbo Bakeries USA. “Our partnership with EDS will help us achieve that goal.”
“We look forward to supporting the continued growth of Bimbo Bakeries USA,” said Paulett Eberhart, EDS senior vice president. “We’re proud to be associated with products that are so much a part of the everyday lives of U.S. consumers.”
Headquartered in Fort Worth, Texas, Bimbo Bakeries USA operates 11 bread and cake plants and six tortilla bakeries in Texas and California. Grupo Bimbo is Mexico’s largest food company and the third largest baking company in the world with approximately $3 billion in sales and 65,000 employees.
EDS is a recognized global leader in providing E-business and information technology services to 9,000 business and government clients in about 50 countries around the world. Having founded the IT services industry more than 35 years ago, EDS delivers high value management consulting, electronic business solutions, business process management, and systems and technology expertise to help clients simplify complexity and achieve superior value in the digital economy. The company brings deep industry practice knowledge to solve challenges in a wide variety of industries, including communications, energy and chemicals, financial services, government, healthcare, products and retailing, and travel and transportation. EDS reported revenues of $18.5 billion in 1999. The company’s stock is traded on the New York Stock Exchange (NYSE: EDS – news) and the London Stock Exchange. To find out more about the EDS vision, visit EDS via the Internet at www.eds.com.
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The statements in this news release that are not historical statements, including statements regarding the amount of new contract values, are forward- looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond EDS’ control, that could cause actual results to differ materially from such statements. For information concerning these risks and uncertainties, see EDS’ most recent Form 10-Q. EDS disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.