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Subsidiary of EDS, an HP Company, to Modernize Washington State Unemployment Insurance Tax System

HERNDON, Va., Oct. 15, 2008

EDS, an HP company, announced that Saber Government Solutions, its non-healthcare U.S. state and local government subsidiary, has been awarded a $24 million contract to develop and design the new tax system for the Washington Employment Security Department (WA ESD).

The Next-Generation Tax System will replace the state’s antiquated TAXIS/WAGES system, which supports the unemployment insurance (UI) tax program. The UI tax program provides benefits from the UI Trust Fund to those who are temporarily unemployed.

The Saber solution will allow WA ESD to efficiently collect taxes and investigate fraud, accurately manage tax rates and benefits paid, provide a convenient portal for employers to register, and allow the WA ESD to maintain the integrity of the UI Trust Fund. Additionally, WA ESD will gain the ability to accommodate future state UI tax law changes.

Under the Next-Generation Tax System contract, Saber will perform project management, data conversion, business analysis, and application development and testing with the assistance of the WA ESD staff. As a result, the new system will improve UI tax functions such as employer registration, tax calculation, wage reporting, general ledger support, field auditing and collections.

“We are working with the Washington Employment Security Department to provide a flexible solution for improving unemployment insurance tax functions in order to enhance the state’s ability to provide benefits to those who are temporarily unemployed through the Unemployment Insurance tax program,” said Dennis Stolkey, senior vice president, U.S. Public Sector, EDS, an HP company. “Both Saber and EDS are committed to implementing a modernized tax system that will help the state further enhance its citizen-centric services.”

As a leading tax and revenue services provider, EDS has extensive global experience in revenue and tax modernization that enables tax authorities to reduce their costs, increase government income and provide faster implementation of new policies.

About EDS

EDS, an HP company, is a leading global technology services provider, delivering business solutions to its customers. EDS founded the information technology outsourcing industry more than 46 years ago. Today, EDS delivers a broad portfolio of information technology and business process outsourcing services to customers in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries, and to governments around the world.

About HP

HP, the world’s largest technology company, provides printing and personal computing products and IT services, software and solutions that simplify the technology experience for consumers and businesses. HP completed its acquisition of EDS on Aug. 26, 2008. More information about HP (NYSE: HPQ) is available at

EDS and the EDS logo are registered trademarks of Hewlett-Packard Development Company, LP.

HP is an equal opportunity employer and values the diversity of its people. © 2008 Hewlett-Packard Development Company, LP.

Editorial contacts:

Ericka Floyd — EDS:

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