Kesko enhances its IT services in cooperation with Tieto

KESKO CORPORATION PRESS RELEASE 24.01.2013 AT 10.00 Kesko and Tieto have signed a comprehensive four-year cooperation agreement on the supply of IT services. With this agreement, Kesko continues to enhance and centralise its IT services. Tieto continues as a supplier of the Kesko Group's infrastructure services, such as capacity, workstation and integration services. In addition, cooperation will be expanded in the maintenance and development work of the Kesko Group's SAP systems and other business applications. During the agreement period, Tieto will also supply Kesko with other IT services supporting business, related, for instance, to increasing electronic business processes and offering new electronic services to consumers. "The key target for us is to centralise and improve the efficiency in the production of continuous IT services and to ensure the continuity and high quality level of services. When selecting a supplier, Tieto's strategy and strong investments in new, innovative retail solutions and competence played an important role," says Arto Hiltunen, Kesko's Vice President, CIO. "The comprehensive agreement with Kesko strengthens our role both in the retail and SAP market in Finland. It also provides us with opportunities to develop completely new types of services at the stores' customer interface and support inter-company processes," says Ari Järvelä, Tieto's Executive Vice President. Further information: Arto Hiltunen, Vice President, CIO, Kesko, tel. +358 50 306 4065, Ari Järvelä, Executive Vice President, Manufacturing, Retail and Logistics for Tieto, Tieto, tel. +35840 8400 915, Kesko is a highly valued listed trading sector company. It manages retail store chains that are valued by customers and efficiently produces services for retail store chains' purchasing, logistics, network development and data management. Kesko's operations include the food, home and speciality goods, building and home improvement, and car and machine trades. Its division parent companies and chains act in close cooperation with retailer entrepreneurs and other partners. Kesko has about 2,000 stores engaged in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, Russia and Belarus. Kesko and K-retailers form the K-Group, which employs around 45,000 Tieto is the leading IT service company in Northern Europe providing IT and product engineering services. Our highly specialized IT solutions and services, complemented by a strong technology platform, create tangible business benefits for our local and global customers. As a trusted transformation partner, we work closely with our customers and understand their unique needs. With approximately 18 000 experts, we aim to become a leading service integrator creating the best service experience in IT. 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: Kesko Oyj via Thomson Reuters ONE [HUG#1672470]