TeleComputing ASA: TeleComputing Expands IT OnDemand Agreement with Actit Affärssystem

Regulatory News:

Actit Affärssystem AB, a company in the Visma Group, has decided to expand the cooperation with TeleComputing (OSE:TCO) for another 3 years representing an estimated order value of MSEK 7. The agreement means that Actit Affärssystem will continue to offer a digital financial function as a complete ”on demand” service to their customers. The solution is delivered from TeleComputing’s centralized, "one-to-many” IT platform which is crucial in the IT operation and maintenance of TeleComputing’s 800 customers and 50.000 users.

- We continue the positive cooperation with TeleComputing to ensure that Actit’s customers can enjoy an efficient IT-operation. TeleComputing’s IT-operation solutions are very complementary to Actit’s business systems. This means that we can offer our customers a complete solution which includes both IT-operation and business systems, says Magnus Granath, Managing Director in Actit Affärssystem.

- We really appreciate that Actit Affärssystem has given us the confidence for another 3 years. This confirms the appreciation of the TeleComputing’s business model, which is based on offering flexible, scalable and secure IT-operation solutions supporting the business processes of our customers and partners, says Sven Tore Kaasa, CEO in TeleComputing.

About TeleComputing
TeleComputing is a leading supplier of cloud computing, centralized IT OnDemand solutions and outsourcing to the Nordic SMB market. Kentor, a systems integrator subsidiary, offers qualified industry- and business systems specialists, system development and IT consulting. TeleComputing has 700 employees and 800 business customers in the Nordic countries. TeleComputing ASA is listed on the Oslo Stock Exchange under the ticker code TCO. For more information, please visit: www.telecomputing.com.

About Actit Affärssystem
For more information, please visit: www.visma.com.

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