Cybercom Group: Kammarkollegiet aWards Cybercom a Major Framework Agreement

Regulatory News:

Cybercom (STO:CYBE) has been awarded another major framework agreement within Kammarkollegiet's (Swedish Legal, Financial and Administrative Services Agency) substantial new framework agreement procurement, Software and Services 2014, this time within System Development.

Cybercom is one of seven vendors selected within the Software and Services – System Development framework agreement. The contract is for two years with an option for a further two years, and is estimated to be worth a total of SEK 400 million per year.

The agreement has a 10-day standstill period calculated from the distribution date of the notice of award. The standstill period expires on March 31, 2015.

"We are very pleased with this announcement. We see opportunities to deliver more turnkey solutions within the framework of this agreement, as the focus is on packaged service deliveries with, for example, Paas, cloud services and licences. We have a wide network of partners to work with, and we look forward to continuing to develop secure, effective and user-friendly e-services for the Swedish public sector," says Eva Clavin, Account Manager Public Sector at Cybercom in Stockholm.

"This agreement is important to us. The public sector is one of our three strategic market segments, and we continue to advancing our position in the connected society over the coming years," says Niklas Flyborg, President and CEO, Cybercom.

About Cybercom

Cybercom is an IT consulting company that assists leading companies and organisations to benefit from the opportunities of the connected world. The company’s areas of expertise span the entire ecosystem of communications services. Cybercom’s domestic market is the Nordic region, and in addition the company offers global delivery capacity for local and international business. Cybercom was founded in 1995 and has been quoted on the NASDAQ OMX Stockholm exchange since 1999. Read more at www.cybercom.com

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