ESPOO, Finland, April 22, 2002 (PRIMEZONE) -- TietoEnator and the Broadband Systems division of Nokia Networks have signed an agreement on the maintenance and further development of the Nokia Eksos N20 product family. With the agreement, 15 employees transfer to TietoEnator.
Nokia Eksos N20 is a multiservice access node for fixed networks allowing the telephone network subscribers to be connected more efficiently.
According to the agreement, the maintenance, further development and testing of the Nokia Eksos N20 product family are transferred to TietoEnator's responsibility as of June 1, 2002. The arrangement is subject to approval by the Finnish Competition Authority.
"This is a part of the implementation of our networked product creation strategy, and a natural continuation of the cooperation Nokia Networks has with TietoEnator on the development work of mobile and fixed switching," said Pekka Viirola, Strategy and Business Development Director of Nokia Networks' broadband division.
"For TietoEnator, the agreement is an extension of our previous successful cooperation with Nokia Networks. This is also an entry into a new area of technology for us," said Pentti Heikkinen, President of Business Area Telecom & Media of TietoEnator.
With almost 12,000 employees and annual net sales of EUR 1.1 billion, TietoEnator is a leading supplier of high value-added IT services in Europe. TietoEnator specialises in consulting, building and hosting its customers' business operations in the digital economy. The Group's services are based on a combination of deep industry-specific expertise and latest information technology. www.tietoenator.com
Nokia is the world leader in mobile communications. Backed by its experience, innovation, user-friendliness and secure solutions, the company has become the leading supplier of mobile phones and a leading supplier of mobile, fixed and IP networks. By adding mobility to the Internet Nokia creates new opportunities for companies and further enriches the daily lives of people. Nokia is a broadly held company with listings on six major exchanges. www.nokia.com
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