PLANO, Texas, May 12 /PRNewswire-FirstCall/ -- In response to market rumors, Electronic Data Systems Corporation (NYSE: EDS - News) announced that it is in advanced discussions regarding a possible business combination transaction with Hewlett-Packard Company. The company does not intend to comment further unless and until a definitive agreement has been entered into. There can be no assurance that a definitive agreement will be entered into.

About EDS

EDS (NYSE: EDS - News) is a leading global technology services company delivering business solutions to its clients. EDS founded the information technology outsourcing industry 45 years ago. Today, EDS delivers a broad portfolio of information technology and business process outsourcing services to clients in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries and to governments around the world. Learn more at eds.com.

     CONTACT:
     Bob Brand - EDS
     972 605 1290
     bob.brand@eds.com