Nocom Signs Yet Another Significant Contract in Banking and Finance; SEB Chooses Nocom's Solution for all its Corporate Websites


UPPSALA, Sweden, June 7, 2002 (PRIMEZONE) -- Nocom AB (publ) has signed a contract with SEB pertaining to Verity's solution for advanced search services on the bank's intranet and its approximately 50 Web sites. Besides licenses, support services are also included in the contract. The contract encompasses the entire SEB group, with 630 offices and approximately 20,000 employees in 16 countries.

The choice of Verity is a step in SEB's program for Customer satisfaction, Cross servicing & Cost efficiency. With group-wide search functions, immediate cost savings are achieved at the same time as customers and employees receive substantially improved service. Nocom is delivering a technical solution that enables SEB's customers to easily find the right information in their own languages - Swedish, English, German, Polish, Danish, Norwegian or Finnish. For SEB's employees, the solution entails that the contents of all of the group's file servers become searchable. Verity's technology makes it possible to manage over 200 document types (PDF, Word, etc.).

"This type of investment is increasing on the market. Companies want to gain maximum benefit from their existing systems and all of the information that they contain," said Stefan Skarin, CEO at Nocom. "The contract is a continuation of our longstanding collaboration with SEB. Nocom has a strong position in the banking and finance market, and broad expertise in the integration of IT solutions."


For more information, please contact:
Stefan Skarin, CEO, Nocom
cell:    +46 708-65 10 05
e-mail:  stefan.skarin@nocom.se

Nocom AB (publ) is an innovative IT company with main offices in Uppsala, Sweden. Nocom provides IT solutions with the focus on integration of business-critical information. The company's product portfolio includes leading software, consulting services and other services in, among other things, hosting, support and training. Nocom's customers are primarily Scandinavian companies within industry, telecom, commerce, and banking and finance. The group has approximately 150 employees and is represented in Sweden, Norway and Finland. Nocom was founded in 1985 and is listed on the Stockholm Stock Exchange O List (NOCM-B). www.nocom.com

Verity Inc. is a leading provider of business portal infrastructure software. Verity software gives businesses a multitude of ways to improve access to vital information and perform a range of e-business operations, while enhancing the end-user experience. Verity-powered business portals, which include corporate portals used for sharing information within an enterprise; e-Commerce portals for online selling; and market exchange portals for B2B activities, all provide personalized information to employees, partners, customers and suppliers. www.verity.com

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