MBF Completes Conversion to Perot Systems' Payer PERADIGM(TM) System

MBF Completes Conversion to Perot Systems' Payer PERADIGM(TM) System

November 03, 2006

MBF Customers Benefit From Streamlined Claims Processing and Payments in Real Time

    PLANO, Texas, Nov. 3 /Xinhua-PRNewswire/ -- Perot
Systems Corporation (NYSE: PER) and MBF, Australia's
largest privately owned and managed private health insurer,
today announced the successful conversion of MBF's 1.72
million customers to Payer PERADIGM(TM), Perot Systems'
leading core administrative system. 

    Customer service consultants at MBF's network of 68
member centers are now using Payer PERADIGM following
completion of its national rollout to MBF's operations in
all of Australia's states and territories.   

    "MBF is following a strategy of growth and
diversification, and we recognized early on that advanced
technology to support our core private health insurance
business would be a prerequisite for success," said
Helen Longland, general manager, MBF Business
Transformation. "The replacement of our 25-year-old
legacy system represented MBF's biggest ever investment in
new technology. We now have a system that enhances customer
service, streamlines claims processing, and provides agility
and flexibility for timely delivery of new products in
Australia's highly competitive health insurance market.
"

    Perot Systems was the first to offer payers a core
administrative system that combined the power of services
oriented architecture with new Web-based services to help
health plans become more efficient and consumer-centric.
Perot Systems continues to extend the capabilities of Payer
PERADIGM to support U.S.-based public health plans from
Medicaid and Medicare, including Part D prescription drug
coverage, to a variety of private international and
U.S.-based plans. 

    "Perot Systems provided strong support throughout
the project and contributed significantly to its overall
success.  Their technology and expertise has had a positive
impact on MBF's strategy to achieve operational excellence
and efficiency," Longland continued.  

    Perot Systems has worked with MBF since 2003, and the
two companies began nearly 18 months ago on the transition
of the MBF customer base to the Payer PERADIGM system. The
conversion, involving 1.72 million people for whom MBF
provides private health funding, was completed in early
October 2006. 

    "From the beginning, our goal has been to help MBF
better connect with, and provide service to, its
customers," said Jim Mapes, Payer Solutions group
leader and PERADIGM Payer Software CEO. "With Payer
PERADIGM, MBF now has the scale and flexibility to serve
its diverse members. We are delighted that MBF is
benefiting from the services oriented architecture of the
Payer PERADIGM technology platform, and are pleased to be a
part of this important and historic success."  

    Australia has a mixed public-private healthcare system
in which the public and private health sectors perform
complementary and sometimes interconnecting roles.
Medicare, a mainly taxpayer-funded universal health
insurance system, makes available basic health services to
all Australians. The private health sector, financed
largely by private health insurance, provides an
ever-increasing range of sophisticated medical procedures
undertaken in many cases by doctors who work in both the
public and private sectors. 

    Approximately nine million Australians (about 43% of
the population) have private health insurance in addition
to their universal access to Medicare-funded medical and
hospital care. 

    About MBF Australia Limited 

    MBF Australia Limited is comprised of a group of
companies and is following a strategy of growth and
diversification in which it has added financial services
and lifestyle management to its core private health
insurance offering. MBF was established in 1946 with start
up funds provided by nearly 1,000 Australian doctors who
each contributed the present day equivalent of 20
Australian dollars. In 2005-2006, MBF's turnover from its
health, financial and lifestyle management services
exceeded $A2 billion and the group achieved a net profit of
$A181 million. MBF operates in all Australian states and
territories with a 19% market share of Australia's national
private health insurance market. In recent years, MBF has
expanded its activities to address the 'lifestyle
protection' needs of its customers and has added life
insurance and financial planning for retirement to its
product range.

    MBF is a leading advocate of the contribution of the
private health sector in the delivery and funding of health
services at a time of demographic change and population
ageing. 

    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 2005 revenue of $2.0 billion.  The company has
more than 20,000 associates located in North America,
Europe, and Asia. Additional information on Perot Systems
is available at http://www.perotsystems.com .

    For more information, please contact:

     Sharon Lakes
     Perot Systems Corporation
     Tel:   [phone]
     Email: [e-mail] 

     David Jones 
     MBF Australia Limited, 
     Tel:   [phone]
     Email: [e-mail] 

SOURCE  Perot Systems Corporation