EVRY wins a contract with Storebrand for a further five years

(Oslo, 15 February 2013) EVRY ASA has today agreed to sign a contract with Storebrand to operate a new and state-of-the-art platform for the Storebrand group's IT solutions. The contract runs to 31 December 2018, and represents a  contract value of NOK 325 million as well as the opportunity to renew for a further two years, and includes Storebrand's activities in both Norway and Sweden. EVRY will deliver a broad range of IT services based on its new industrialised and automated operating services concept, Future Proof IT Operations. Services to be delivered include all infrastructure services such as server operations, WAN, applications operations, and mainframe, as well as desktop services for approx 2,000 employees of the Storebrand group in Norway and Sweden. This will ensure that Storebrand's applications and services are available to all its users 24/7. "The new contract with Storebrand demonstrates that EVRY's new and state-of-the- art operating platform meets the requirements of a dynamic and forward-looking financial group. Through this contract, EVRY will deliver reliable and secure operating services and support Storebrand's need to adapt rapidly to changes in the market", comments Terje Mjøs, CEO of EVRY. "The contract with EVRY will provide Storebrand with a forward-looking operating platform with particular emphasis on security and a high degree of self-service. Through this contract, EVRY will give Storebrand an efficient and flexible infrastructure, so that we are well equipped to meet the needs of our customers and employees for effective IT systems", says EVP Heidi Skaaret at Storebrand. About the contract The contract with Storebrand will run from 1 January 2014 to 31 December 2018, with an option to renew for a further two years. EVRY will carry out migration from the current operating platform to its new, industrialised operations concept known as Future Proof IT Operations, which is based on industry-standard solutions and a high degree of automation in order to deliver a reduced cost structure. This new operations concept will give Storebrand a significant degree of self-service, flexibility, and the ability to make changes quickly. Contact names Terje Mjøs, CEO, EVRY. Tel: + 47 06500 Eli Giske, CFO, EVRY. Tel: +47 908 44 189 Geir Remman, VP Corporate Communications, EVRY. Tel: + 47 970 55 017 About EVRY EVRY is one of the leading IT companies in the Nordic countries, with a strong local and regional presence in 50 Nordic towns and cities. Through its knowledge, solutions and technology, EVRY contributes to the development of the information society of the future, and so creates value for the benefit of its customers and for society as a whole. EVRY combines in-depth industry knowledge and technological expertise with a local delivery model and international strength. EVRY has some 10,000 employees, and the company is committed to demonstrating that Nordic customers are best served by a supplier that understands Nordic business from the inside. EVRY reports annual turnover approaching NOK 13 billion. The company is listed on the Oslo Stock Exchange and operates from headquarters in Oslo, with major activities in both the Norwegian and Swedish markets. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. 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: EVRY via Thomson Reuters ONE [HUG#1678407]