Teleca renews general agreement with leading telecom supplier


MALMO, Sweden, July 15, 2004 (PRIMEZONE) -- Teleca has renewed its general agreement with Ericsson for services in the area of research and development. The agreement runs to March 2005 and applies globally to the whole Teleca group.

"During the past decade we've been continuously strengthening our relationship with Ericsson, our biggest customer and an important partner," says Patrik Strandeus, Teleca's global account manager for Ericsson. "We're looking forward to continuing to reinforce our close collaboration."

The agreement covers several areas, such as the development and maintenance of 2.5/3G systems and the development and maintenance of advanced fixed network systems. The agreement is global and includes projects in progress in Europe, Asia and the United States.

For more information please contact: Patrik Strandeus, global account manager for Ericsson, Teleca AB, mobile: 70 379 10 60 Johannes Rudbeck, Investor Relations Manager, Teleca AB, mobile: +46 70 582 56 56

Teleca is an international IT services company focused on R&D that develops and integrates advanced software and information technology solutions. With in-depth expertise in the latest technology and profound industrial knowledge, Teleca helps technology- and software-intensive customers worldwide to strengthen their market position and shorten their time to market. The company has more than 2,900 employees with operations in 15 countries in Asia, Europe and USA. Teleca is quoted on the Attract40 list of Stockholmsborsen (Stockholm stock exchange). www.teleca.com

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