DNB chooses EVRY as its mainframe services supplier

(Oslo, 19 December 2013) EVRY has, following highly competitive global tendering, signed a letter of intent with DNB for the mainframe operation of the bank's core systems. The agreement represents total contract value of NOK 900 million over a period of five years, and is the largest contract of its kind seen in Norway for many years. It is expected that a final agreement for mainframe operations will be signed in the first quarter of 2014, and will come into effect from 1 April 2014. "Through this contract with DNB, EVRY reinforces its leading position in the Nordic market for mainframe services. EVRY will be one of two main suppliers of operating services to DNB, and the bank will continue to be one of EVRY's largest customers", comments Terje Mjøs, CEO of EVRY. The new letter of intent represents additional contract value for EVRY of NOK 450 million relative to the earlier stock exchange announcement dated 25 November 2013. This information is subject to the disclosure requirements stipulated in §5-12 of the Norwegian Securities Trading Act. Contact persons: Terje Mjøs, CEO EVRY, Tel: +47 06500 Eli Giske, CFO EVRY, tlf +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 at Fornebu in Bærum, 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 GlobeNewswire on behalf of GlobeNewswire 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 GlobeNewswire [HUG#1751092]