Affecto Oyj - Company Announcement

Affecto maintains and develops Business Intelligence solutions for Länsförsäkringar Bank

Helsinki, 2013-04-15 08:15 CEST (GLOBE NEWSWIRE) -- AFFECTO PLC  --  STOCK
EXCHANGE RELEASE  --  14 APRIL 2013 at 9.15 

Affecto maintains and develops Business Intelligence solutions for
Länsförsäkringar Bank 

Affecto and Länsförsäkringar Bank in Sweden have signed an agreement regarding
the maintenance and development of Länsförsäkringar Bank's Business
Intelligence (BI) solutions. Affecto has a long relationship with
Länsförsäkringar Bank and is working on various Business Intelligence
initiatives at the bank. 

Delivery of the new contract starts immediately. The value of the provided
application maintenance services is about 1.4 MEUR during the next three years
and the value of the development work in 2013 is about 0.4 MEUR. The agreement
also provides a framework for additional development work in 2014-2015, to be
decided later but initially estimated to be approx. 1 MEUR per year. 



Affecto Plc
Pekka Eloholma
CEO



www.affecto.com




         Additional information:
         Affecto Sweden, country manager Rene Lykkeskov, tel. +4529498929