Ã…F wins key framework agreement with FMV

For further information: Jaime Rico, Business Area Manager   +46 70 399 36 45 Viktor Svensson, Executive Vice President, Corporate +46 70 657 20 26 Information ÅF has signed a major framework agreement with the Swedish Defence Materiel Administration, FMV. Based on FMV's own assessments of the volumes of consulting services required, the agreement is estimated to be worth approximately SEK 70 million (8.2 million euros) over a seven-year period. As part of the Swedish Defence Materiel Administration's procurement of services in the field of Command & Control Systems, ÅF has won rights within the framework agreement as sole supplier of services in the area of Sensors. The agreement will run for an initial three years with an option to extend collaboration for a further four years. "This is an important agreement for ÅF's defence sector work. We have many years' experience as a supplier to the Swedish Defence Materiel Administration and are delighted to be able to continue to offer our support and extend it to new areas of operations. As a result of this agreement, ÅF will be looking to recruit more staff, in the first instance in the Stockholm and Enköping areas," says Jaime Rico, Business Area Manager Defence. Recruitment will be made among specialists with system competence in sensors and those with operational and systems competence in military command and control systems. ÅF will also partner Combitech in the technical areas of Transmission and Verification/Validation. Corporate Information ÅF AB The ÅF Group is a leader in technical consulting, with expertise founded on more than a century of experience. We offer highly qualified services and solutions for industrial processes, infrastructure projects and the development of products and IT systems. The ÅF Group currently has close to 7,000 employees. Our base is in Europe, but our business and our clients are found all over the world. Press release (PDF): http://hugin.info/1253/R/1669596/542457.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: ÅF AB via Thomson Reuters ONE [HUG#1669596]