BearingPoint joins a growing list of OpenAir customers recently added in the Asia-Pacific region, including AIPEX, ClearPoint, Assurity, and Fronde. These customer wins are a testament to OpenAir's global expansion initiative as well as its unparalleled customer support infrastructure. By selecting OpenAir for its professional services automation needs, BearingPoint has reduced its dependency on Microsoft Project and Excel, and replaced its legacy timesheet application.

"Having just completed a management buyout of the Australian operation, better visibility of financial data and more effective management of the business is critical to us," said Bob Hennessy, BearingPoint CEO. "Our selection of OpenAir gives us the necessary controls to effectively manage our projects and resources through flexible reporting and streamlined workflows."

BearingPoint Pty Ltd (www.bearingpoint.com.au) is a provider of management and technology consulting services to commercial and public sector organizations in Australia and New Zealand. BearingPoint professionals have built a reputation for knowing what it takes to help clients achieve their goals, and working closely with them to get the job done. BearingPoint's service offerings are designed to help its clients generate revenue, increase cost-effectiveness, manage regulatory compliance, integrate information and transition to next-generation technology. For more information, visit BearingPoint at www.bearingpoint.com.au.

"BearingPoint recently launched a major internal organizational transition which required the replacement of all infrastructure and operational systems in an extremely short timeframe," said Paul Brooke, Operations Manager at BearingPoint. "As the only available SaaS PSA solution to provide the resource management capabilities to match our needs, we knew that OpenAir could help us achieve rapid implementation and automation with minimal infrastructure dependencies. OpenAir exceeded expectations and our initial implementation was up and running in two months."

About OpenAir

OpenAir, Inc., a NetSuite Inc. company, is a leading provider of Software as a Service (SaaS) services automation software. With offices in Boston, MA, Toronto, ON, London and Sydney, Australia, OpenAir offers both professional services automation (PSA) and services resource planning (SRP) solutions, providing project-based organizations and firms the tools they need to grow their businesses quickly and profitably. Providing enterprise-level functionality for businesses of all sizes, OpenAir helps world-class firms to better capture billable time, manage projects and resources and bill customers. Coupled with a team of highly experienced consultants from some of the world's leading services firms, OpenAir's services automation solutions drive higher profits through improved utilization, visibility and data collection. To learn more, please visit www.openair.com.

NOTE: OpenAir and the OpenAir logo are service marks of OpenAir, Inc., a NetSuite Company.

SOURCE OpenAir, Inc.

http://www.openair.com

Perot Systems Expands Consulting Capabilities with Addition of BearingPoint Management Consulting (Shanghai) Ltd. in China

PLANO, Texas, Nov. 2 /PRNewswire-AsiaNet/ -- Perot Systems Corporation (NYSE: PER) today said it has closed its acquisition of BearingPoint Management Consulting (Shanghai) Ltd. ("BearingPoint China Consulting"), a leading management and technology consulting company in China.

The action follows recent approvals of the transaction by Shanghai Municipal Commission of Commerce and the U.S. Bankruptcy Court. The combination expands the reach and capabilities of Perot Systems in China.

"The BearingPoint China Consulting team brings deep industry and consulting expertise in China's energy, automotive, insurance, and financial services industries. This addition significantly enhances our existing consultancy operations and will support our growing capabilities worldwide,"

said Peter Altabef, president and chief executive officer of Perot Systems.

"As a part of Perot Systems, we will benefit from its deep industry expertise, mature global delivery model and strong financial position. This enables us to continue to provide world-class services to our clients with broader capabilities and resources," said Ron Machan, chairman and chief executive officer of BearingPoint China Consulting.

Steve Curts, president of Perot Systems Commercial Solutions, said, "The combined company will continue to work across a broad range of vendors and alliance partners to deliver efficient and effective solutions that address individual client needs."

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.

MEDIA CONTACT:

PEROT SYSTEMS CORPORATION

Marvin Singleton

+1 972 577-5881

Marvin.Singeleton@ps.net

BEARINGPOINT CHINA CONSULTING

Vivien Wu

+86(21) 5292 5392

Vivien.wu@bearingpoint.com

SOURCE:: Perot Systems Corporation

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"The BearingPoint China Consulting team brings deep industry and consulting expertise in China's energy, automotive, insurance, and financial services industries. This addition significantly enhances our existing consultancy operations and will support our growing capabilities worldwide," said Peter Altabef, president and chief executive officer of Perot Systems.

"As a part of Perot Systems, we will benefit from its deep industry expertise, mature global delivery model and strong financial position. This enables us to continue to provide world-class services to our clients with broader capabilities and resources," said Ron Machan, chairman and chief executive officer of BearingPoint China Consulting.

Steve Curts, president of Perot Systems Commercial Solutions, said, "The combined company will continue to work across a broad range of vendors and alliance partners to deliver efficient and effective solutions that address individual client needs."

Perot Systems is a worldwide provider of information technology services and business solutions.

((Comments on this story may be sent to newsdesk@closeupmedia.com))

Announcement (October 11, 2009):

Perot Systems is planning to acquire BPMS.

Following the acquisition, BPMS will become part of the Perot Systems Commercial Solutions business unit.

Deal Type    Acquisition
Sub-Category Majority Acquisition
Deal Status  Completed: 2009-11-01

Deal Participants

Target (Company)   BearingPoint Management Consulting (Shanghai), Ltd.
Acquirer (Company) Perot Systems Corporation

Deal Rationale

The acquisition will add BPMS' complementary expertise to Perot Systems' existing consulting services and expand its reach, and enhance its capabilities in China.