Cybercom signs contract with leading telecom giant

Cybercom signs contract with leading telecom giant

Cybercom signed a new frame agreement with a leading telecom company - to be
this company's global supplier for IT consultancy services during 2008 and 2009.
The agreement covers the customer's needs for development and administration of
applications and IT solutions.  

“This is a strategic frame agreement and very significant for Cybercom. The
telecom industry faces major challenges of increased competition and increased
demands for cost-effective solutions,” says Patrik Boman, president and CEO of
the Cybercom Group. “These requirements drive the pace of technical development
- particularly within telephony. Cybercom has strong offerings and skills in
telecom services that range from business systems to network and terminal
solutions."

Cybercom's extensive experience in telecom, with expertise and broad experience
of media and the Internet, make its proposition unique. The fast evolution of
triple play, in which telephony, broadband, and television converge, make
Cybercom's customer propositions very competitive. Its ability to meet demands
for cost-efficient production through outsourcing to its operations in China and
India are also crucial. This frame agreement illustrates that customers know
Cybercom can deal with this trend.

“This is a key customer for us, and we have a long relationship,” says Håkan
Gillman, business division manager at Cybercom Sweden East. “We're delighted to
get this extended show of trust. In addition, the offshore-linked delivery
requirement has become more crucial. As a selected partner, Cybercom has
fantastic opportunities for more exciting projects and assignments."

For more information, contact:
Patrik Boman, CEO and president, Cybercom Group +46 73 983 89 79
Håkan Gillman, business division manager, Cybercom Sweden East +46 70 949 13 88
Patrik Anshelm, acting IR and communications manager, Cybercom Group +46 70 971
12 84

About Cybercom
The Cybercom Group is a high-tech consultancy that offers global sourcing for
end-to-end solutions. The Group established itself as a world-class supplier in
these segments: portals, mobile solutions, embedded systems, e-commerce, and
business support systems. Thanks to its extensive industry and operations
experience, Cybercom can offer strategic and technological expertise to these
markets: telecom, Internet, and media (TIM); banking and financial services;
automotive; national defence; and the public sector. The Group employs about
1850 persons and runs projects worldwide. Cybercom has 27 offices in 11
countries. Since 1999, Cybercom's share has been quoted on the OMX Nordic
Exchange. Find out more at: www.cybercomgroup.com.