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 MjÃ¸s, 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
This information is subject to the disclosure requirements stipulated in Â§5-12
of the Norwegian Securities Trading Act.
Terje MjÃ¸s, 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
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
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 BÃ¦rum, 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.
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Source: EVRY via GlobeNewswire