2014-06-18 17:00:00 CEST

2014-06-18 17:00:01 CEST


REGULATED INFORMATION

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Solteq Oyj - Company Announcement

Solteq has concluded a significant software deal with SOK consisting of Hospitality solution


SOLTEQ PLC STOCK EXCHANGE ANNOUNCEMENT ON JUNE 18, 2014 AT 6 PM

Solteq Plc and Suomen Osuuskauppojen Keskuskunta have signed today a frame
agreement, which enables Solteq to deliver services to S Group. 

At the same time under this frame agreement Solteq and SOK have agreed on the
delivery of Hospitality solution to SOK Travel and Hospitality business. The
Hospitality solution consists of Microsoft Dynamics NAV and LS Nav Hospitality
solutions. In addition to the delivery project agreement includes also life
cycle and help desk services for the solutions. 

Solteq estimates that the value of the Project is about seven million EUR
spread over 2014-2017. 

The deal has no impact on Solteq's key figure forecast for the current year.

- The delivery project is significant for Solteq, and the agreement
strengthens, in line with our strategy, our position as a specialist software
house serving the retail and service sectors, states Solteq's Business Unit
Director Petri Lindholm. 



Further information:

Suomen Osuuskauppojen Keskuskunta

Corporate CIO Raimo Mäenpää, +358 10 768 2260

Solteq Plc

Business Unit Director Petri Lindholm, tel. +358 400 420 583

CFO Antti Kärkkäinen, tel +358 40 8444 393



SOK (Suomen Osuuskauppojen Keskuskunta) is a central firm owned by the
cooperatives. It produces procurement, expert and support services for the
cooperatives. SOK is also in charge of S Group's strategic steering and the
development of the various chains. SOK's business operations supplement S
Group's supply in Finland and the neighboring areas ia. in the Baltic region
and in the city of St. Petersburg, Russia the supermarkets, travel industry and
hospitality business 

Solteq Plc is a Finnish software service provider to the retail and service
sectors. We offer long-term partnership and the widest range of services in the
market from the optimization of the entire supply chain to the management of
consumer-customer information. Our technology independent solutions help our
customers to make their operations more efficient and improve profitability.
www.solteq.com