Business Services Industry

Fast Search & Transfer ASA signs search platform agreement with Kontakt East

Nordic Business Report, Dec 17, 2007

NORDIC BUSINESS REPORT-17 December 2007-Fast Search & Transfer ASA signs search platform agreement with Kontakt East(C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com

Norwegian real-time search solutions provider Fast Search & Transfer ASA (FAST) said on Monday (17 December) that it has received a search platform contract from the Swedish holding company Kontakt East.

The contract covers the deployment of the enterprise search platform FAST ESP.

The value of the agreement was not disclosed, but FAST said that it is based on software licences, maintenance fees, and professional services.

Fast Search & Transfer, headquartered in Oslo, Norway, is a global provider of real-time data search solutions with offices on six continents. The company has some 60 engineers and annual revenues of USD162m. Fast Search & Transfer is listed on the Oslo Stock Exchange and traded under the ticker FAST.

One British pound (GBP) is worth approximately 2.03 US dollars (USD).

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