EVRY signs a long-term contract with four banks - Seite 2

EVRY's development strategy and implementation methodology are firmly based on the company's close involvement in the Banking Industry Architecture Network (BIAN). EVRY is the only Nordic member of this network. EVRY's new solutions apply state-of-the-art architecture and standards, including ISO 20022. This ensures that the solutions can be used in international markets, and are flexible and cost-effective, as well as being adapted for international requirements.

About the contract
The new contract comes into effect on 1 January 2015 and runs until 31 December 2019. The contract includes an option to extend for a further two years. The contract represents total contract value over five years of about NOK 1.2 billion.

Sparebanken Sør, Sparebanken Sogn og Fjordane, Helgeland Sparebank and Gjensidige Bank are four independent Norwegian banks. The four banks negotiated the agreement through a joint procurement collaboration.

This information is subject to disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

Contact persons
Terje Mjøs, CEO EVRY. Tel: [phone]
Wiljar Nesse, EVP Financial Services, EVRY. Tel: [phone]
Viola Hellström, VP Communications Financial Services, EVRY. Tel: [phone]
Geir Bergskaug, CEO Sparebanken Sør. Tel [phone]
Trond Teigene, Director of Strategy and Business Development, Sparebanken Sogn og Fjordane.
Tel [phone]

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.

About the banks
Sparebanken Sør, Sparebanken Sogn og Fjordane, Helgeland Sparebank and Gjensidige Bank are four independent banks that have operated a formalised procurement collaboration since 2009. The banks have in total approximately 500,000 retail and corporate customers, total assets approaching NOK 200 billion and over 1,000 employees.

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Source: EVRY via Globenewswire

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