STOCKHOLM, Sweden, Aug. 12, 2002 (PRIMEZONE) -- ASSA ABLOY selected Cyber Com as its new, internal purchasing system supplier. The order's initial value is worth about SEK 3 million.
"This project is a continuation of our partnership with a long-term customer," says Mats Alders Cyber Com's CEO. "ASSA ABLOY is on the cutting-edge of technology trends. It's very stimulating that our co- operation continues with ASSA ABLOY. Earlier, we developed IT support for ASSA ABLOY's next-generation lock system, among other assignments. During the first phase in 2002, several of ASSA ABLOY's subsidiaries will be integrated into the system."
"After year-end, we will gradually connect our more than 100 subsidiaries to the system, which we expect will result in enormous savings," says Ake Sund, ASSA ABLOY's Group VP who is responsible for market development.
For more information:
Mats Alders, president and CEO, +46 70 - 7253200
Cyber Com is an IT consulting company that specializes in strategy and technology. The company offers integrated turnkey know-how within telecom, finance, and insurance and cutting-edge expertise in modern system development and project management. In 2001, Cyber Com turned over SEK 396.2 million. The company has been profitable since its start in 1995. It currently employs more than 300 people (an average of 12 years' consulting experience). Since 1999, Cyber Com has been listed on the Stockholm stock exchange's O list (Stockholmsborsen). It has offices in London, Stockholm, Copenhagen, Gothenburg, Malmo, Uppsala and Sundsvall.
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