Business Services Industry

Fast Search & Transfer ASA signs search platform deal with BASF

Nordic Business Report, Sept 27, 2007

NORDIC BUSINESS REPORT-27 September 2007-Fast Search & Transfer ASA signs search platform deal with BASF(C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com

Norwegian real-time search solutions provider Fast Search & Transfer ASA (FAST) said on Thursday (27 September) that it has received a contract for its enterprise search platform FAST ESP from the German chemicals industry group BASF.

The contract covers software licences, 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 2.01 US dollars (USD).

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