2013-11-01 08:00:00 CET

2013-11-01 08:00:01 CET


REGULATED INFORMATION

Finnish English
Solteq Oyj - Company Announcement

SOLTEQ CONCLUDED AN AGREEMENT WITH SUOMEN LÄHIKAUPPA ON A SIGNIFICANT EXPANSION OF SERVICES


SOLTEQ PLC STOCK EXCHANGE ANNOUNCEMENT ON NOVEMBER 1, 2013 AT 9 AM





Long term business partners Solteq Plc and Suomen Lähikauppa Ltd have signed an
agreement that complements the service package provided by Solteq to
Lähikauppa. 

 Solteq's estimate of the value of the deal is more than four million euro
spread over 2014-2016. 

- The agreement covers the delivery of all the maintenance and support services
related to Lähikauppa's retail systems as well as the management of these
services. This means that we are, in accordance with our strategy, proceeding
to a new area and thereby strengthening our position as a software service
provider that specializes in the retail and service industry. The value of the
deal is also significant for Solteq but it will not have an impact on our key
ratio forecast for the current year, states Solteq's CEO Repe Harmanen. 



Further info:

Suomen Lähikauppa Ltd

Vice President, CIO  Janne Jakola, tel. +358 40 860 4894

Solteq Plc

CEO Repe Harmanen, tel. +358 400 467 717



Suomen Lähikauppa Oy is Finland's third largest grocery store operator with two
national retail chains: Siwa and Valintatalo. We have 670 stores, 5,300
employees and almost all of Finland as our customers. The company turnover in
2012 was EUR 1,0 billion. www.lahikauppa.fi 



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