Cybercom signs three-year agreement with a global automotive manufacturer


Cybercom signs three-year agreement with a global automotive
manufacturer

Cybercom signed a new, three-year framework agreement with a leading
automotive manufacturer. The agreement covers consulting services and
turnkey assignments, and has an extension option.

"This is a strategic agreement. We see this renewed show of confidence
as a testimony to our automotive industry knowledge," says Peter
Keller-Andreasen, MD of Cybercom Sweden and VP of Cybercom Group.

The agreement covers consulting services and turnkey assignments in
electronics and software development for all companies in the Group.
Cybercom sees opportunities to become a key supplier of internet
solutions and security during the agreement period.

"Until now, this agreement has generated revenues of 30 to 40 million
Swedish kronor each year," says Patrik Björler, Key Account Manager for
the automotive industry at Cybercom. "As a selected partner, we can
continue to develop our rewarding collaboration."

Vehicles are increasingly leaning toward a connected services platform.
Integrated infotainment solutions together with advanced security
systems will appear frequently in upcoming models. Cybercom has
extensive expertise in this area including development of application
platforms and downloadable applications. As such, Cybercom offers unique
possibilities to vehicle manufacturers as a preferred supplier.

"Feedback from the customer has been very positive during the selection
process," says Björler.  "It's about our consultants' skills and the
benefits we bring to the customer. And it's about one of our most
important customers."

Find out more, contact:

Peter Keller-Andreasen, MD of Cybercom Sweden and VP Cybercom Group +45
29 483 800

Patrik Björler, key account manager, Cybercom Sweden+46 703 791 870

Anna Trane, press and PR manager, Cybercom Group+46 708 84 74 69

Attachments

01172005.pdf
GlobeNewswire