Business Services Industry

Norway's Fast Search & Transfer ASA pens search platform contract with Portuguese food retail chain Modelo Continente

Nordic Business Report, Oct 2, 2007

NORDIC BUSINESS REPORT-2 October 2007-Norway's Fast Search & Transfer ASA pens search platform contract with Portuguese food retail chain Modelo Continente(C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com

Norwegian real-time search solutions provider Fast Search & Transfer ASA (FAST) said on Tuesday (2 October) that it has received a search platform contract from the Portuguese food retail chain Modelo Continente Hipermercados.

The contract covers licences for the enterprise search platform FAST ESP, as well as maintenance and professional services.

The value of the contract was not disclosed.

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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