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Know IT AB wins framework contract for IT consulting from Swedish Geological Survey

Nordic Business Report, April 3, 2008

NORDIC BUSINESS REPORT-3 April 2008-Know IT AB wins framework contract for IT consulting from Swedish Geological Survey(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com

Swedish IT consulting company Know IT AB (OMX Stockholm: KNOW) said on Thursday (3 April) that it has won a framework contract for IT consulting services from the Swedish geological survey Lantmateriverket.

The contract, which can be extended by two additional one-year periods, is estimated to be worth some SEK38m per year.

Know IT, headquartered in Stockholm, Sweden, has 950 employees in Sweden, Norway, Estonia and China. The company reported sales of SEK761m in 2006. Know IT is listed on the OMX Nordic Exchange in Stockholm.

One British pound (GBP) is worth approximately 11.85 Swedish kronor (SEK).

((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))

COPYRIGHT 2008 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning
 

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