SEB Kort AB Norway selects invoicing solution from EDB

(Oslo, 7 January 2005) SEB Kort AB has entered into an agreement to transfer the responsibility for the production of customer bills in Norway to EDB Business Partner. The contract includes paper-based statement production, e-invoicing functionality, invoice hotel services, file transfers, electronic archiving and materials management, and represents business volume of around NOK 15 million over a 3-year period.

SEB Kort is the largest card issuer in the Nordic region, and operates in Norway principally through Europay, Diners Club, SEB Kort, Oslo branch and Salvo. This agreement gives SEB Kort access to a total supplier for the production and distribution of invoices. EDB's integrated concept will provide SEB Kort with cost-effective solutions and access to market leading e-Solutions for both e-Invoicing and e-Documents.
 
"EDB's innovative solutions recognise our needs for communication and distribution through both paper-based and electronic channels. EDB won this contract against competition from other suppliers because it offered a total concept in this area. We also found that EDB stood out in terms of expertise and reliability as well as its ability to process large volumes", explains Rolf Sten Andersen, Head of Business Support and Administration at SEB Kort.
 
"This agreement with SEB Kort is yet another example of the increasing number of customers that recognise the value of using EDB's total concept for electronic invoices", comments John-Arne Haugerud, Executive Vice President, EDB IT Operations.
 
Further enquiries:
Reidar Gjærum, Executive Vice President, Corporate Communications, tel: +47 908 55 101
 
SEB Kort AB is the largest card issuer in the Nordic region, with 2.4 million cards and annual turnover of SEK 161 billion. SEB Kort AB's activities in Norway relate principally to issuing cards through the companies Europay Norge A/S, Diners Club Norge A/S, SEB Kort AB, Oslo branch and Salvo AS. SEB Kort AB is a wholly owned subsidiary of SEB (Skandinaviska Enskilda Banken).
 
EDB Business Partner ASA is listed on Oslo Børs with the ticker code EDBASA. More information on EDB can be found at: www.edb.com