(Oslo 30.11.01) EDB Business Partner's wholly-owned subsidiary EDB Fellesdata has signed a long-term contract with Danske Bank for the supply of systems and computer operating services. The agreement covers deliveries for a minimum period of two years, and is worth some NOK 50 million.

The agreement relates to the operation of systems for minibanks, telephone banking and corporate Internet banking for Fokus Bank, the Norwegian operation of Danske Bank. It also extends to network management and official reporting. In addition the arrangement offers considerable potential for the provision of consultancy services related to these areas as well as new Internet-based systems. EDB Fellesdata is responsible for the supply of systems and consultancy services, with EDB Teamco providing computer operating services.

It was decided when Danske Bank purchased Fokus Bank in 1998 that Fokus Bank would in due course transfer its IT systems to the systems platform used by Danske Bank. This migration to the parent bank's systems was carried out in November of this year.

"This new agreement opens up the opportunity to develop our relationship and expand our business with Danske Bank" comments Ole Trasti, Managing Director of EDB Fellesdata.

"Danske Bank's strategy is for all the group's banking activities to use same systems platform. EDB Fellesdata has played a central role in ensuring that Fokus Bank was able to make a secure and problem free transition. We have decided to further develop our business relationship with EDB Fellesdata in selected areas, and the agreement we have now signed will make EDB an important supplier of IT systems and operating services both now in the future" explains Hans Mørk, IT Director of Danske Bank.

Contact name:
Ole Trasti, Managing Director, EDB Fellesdata and Executive Vice President, Bank & Finance in EDB Business Partner.
Tel. +47 22 52 82 60, +47 90 08 91 00