STOCKHOLM, Sweden, Feb. 25, 2003 (PRIMEZONE) -- Cybercom and Mind AB signed a contract that confirms Cybercom's takeover of the Mind Finance AB operation as of March 1, 2003. Mind's February 25 extraordinary general meeting approved the contract.
Cybercom is taking over responsibility for the Mind Finance operation, 30 employees, and existing projects and customers. The takeover is expected to positively affect Cybercom's financial results.
Mind Finance AB is an IT and business development consultancy that primarily operates within banking, finance and insurance. Among others, important customers include AMP Pension, Bankgirocentralen, ForeningsSparbanken, KPA, Nordea, ICA, OM, and SEB.
"Through Mind Finance, we strengthen our e-business operation and our offerings within finance," said Mats Alders, CEO at Cybercom." Mind Finance provides new customers and facilitates more involvement with our existing customers. The skills mix is what we're looking for, and Mind Finance's culture is well aligned with Cybercom's.
For more information, contact: Cybercom Mats Alders, president and CEO +46 70 725 3200 Mind Hans Hasselgren, CEO + 46 73 361 1801
Cybercom is an IT consulting company that focuses on strengthening its customers' operations by delivering IT solutions that generate more business for its customers. The company offers expertise in telecom, banking, finance, and pharmaceuticals. Cybercom was launched in 1995; since 1999, it has been listed on the Stockholm stock exchange's O list (Stockholmsborsen). The company is financially sound. The company currently employs about 300 people (on average, 13 years' consulting experience), who in a creative, stimulating milieu, add value in the form of professionalism, experience, customer relations, and the results that they deliver. Cybercom has operations throughout Europe and offices in Denmark, Sweden, and the UK.
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