Business Services Industry

Fast Search & Transfer ASA signs search platform agreement with RealNetworks Inc

Nordic Business Report, Jan 2, 2008

NORDIC BUSINESS REPORT-2 January 2008-Fast Search & Transfer ASA signs search platform agreement with RealNetworks Inc(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com

Norwegian real-time search solutions provider Fast Search & Transfer ASA (FAST) said on Wednesday (2 January) that it has signed a search platform agreement with RealNetworks Inc.

The agreement 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 and maintenance fees.

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 2.00 US dollars (USD).

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