Cybercom Group AB receives 5-year systems management contract from Telenor ASA

Telecomworldwire, April 18, 2008

TELECOMWORLDWIRE-18 April 2008-Cybercom Group AB receives 5-year systems management contract from Telenor ASA(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com

Swedish high-tech consulting company Cybercom Group AB (OMX Stockholm:CYBE) said on Friday (18 April) that it has received a five-year systems management contract from the Norwegian telecomms operator Telenor ASA (OSE:TEL) (NASDAQ:TELNF).

The contract, valued at SEK30m, covers the management of three business-critical systems.

"This strategically important management assignment creates long-term customer relations - the types of relations, which ensure that we can grow with customers," commented Patrik Boman, president and CEO of Cybercom Group.

Cybercom Group, headquartered in Stockholm, Sweden, is a global consulting services provider offering services within portals, mobile solutions, embedded systems, e-commerce and business support systems. The group has 1,850 employees in 11 countries and reported sales of SEK1.16bn in 2007.

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