Affecto Oyj - Company Announcement

Affecto develops Business Intelligence solutions for Santander Consumer Bank

Helsinki, 2012-04-23 07:30 CEST (GLOBE NEWSWIRE) -- AFFECTO PLC  --  STOCK
EXCHANGE RELEASE  --  23 APRIL 2012 at 08.30 

Affecto develops Business Intelligence solutions for Santander Consumer Bank

Affecto and Santander Consumer Bank have signed an agreement for continued
cooperation in developing Santander's Nordic Business Intelligence (BI)
solutions. Affecto has a long relationship with Santander and is working on
Business Intelligence initiatives related to the bank's securitization,
business case analysis and Basel II reporting. Delivery of the new contract
starts immediately. The new contract expands the value of the previously
announced deal by approx. 2.3 MEUR by the end of 2012. 



Affecto Plc
Hannu Nyman
Senior Vice President, M&A, IR



www.affecto.com





         Additional information:
         Affecto Norway, country manager Håvard Ellefsen, tel. +47 9093 0909