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2013-04-17 08:45:00 CEST 2013-04-17 08:45:04 CEST REGULATED INFORMATION Affecto Oyj - Company AnnouncementThe Finnish Agency for Rural Affairs chooses Affecto to continue operating the Finnish Land Parcel Identification System for the next yearHelsinki, 2013-04-17 08:45 CEST (GLOBE NEWSWIRE) -- AFFECTO PLC -- STOCK EXCHANGE RELEASE -- 17 APRIL 2013 at 9.45 The Finnish Agency for Rural Affairs chooses Affecto to continue operating the Finnish Land Parcel Identification System for the next year The Finnish Agency for Rural Affairs has chosen Affecto to operate the Finnish Land Parcel Identification System for the next year. Karttakeskus Oy, the GIS service unit of Affecto, will be responsible for producing the IT system and maintaining the land parcel register. The cooperation between Affecto and the Finnish Agency for Rural Affairs has begun in 2000. The Finnish Agency for Rural Affairs and Affecto have had a three-year agreement for years 2008-2010, which agreement had an option for three additional years. The now agreed new period is the third option year. The value of this year's agreement is approx. 2.2 million Euros. Paying farmers the support payments financed by European Union, requires the member states to ensure a reliable identification of land parcels. The basic idea of the Finnish Land Parcel Identification register is to guarantee that the support payments are paid by correct acreage. Furthermore, the register produces comparison acreages in order to help the administration to check the land sizes reported by the farmers. Karttakeskus Oy, the GIS service unit of Affecto, is the leading IT solution provider in Finland focused on geographic information systems. Karttakeskus offers GIS consultation, IT solutions, digital navigation and map services and outsourcing services. Affecto Plc Hannu Nyman Senior Vice President, M&A, IR www.affecto.com Additional information: Karttakeskus Oy, Managing director, Mika Leivo, tel. +358 205 777 788 |
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