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Cybercom Group: FMV chooses Cybercom

STOCKHOLM--(BUSINESS WIRE)--Regulatory News:

Cybercom Group (STO:CYBE):

The Swedish Defence Materiel Administration (FMV) has signed an agreement with Cybercom for development and implementation of a logistics system. The contract runs for four years and the value of this business is estimated to be approximately SEK 10-15 million per year.

The total order value could reach nearly SEK 60 million over the four years, and includes system development, testing, management of work in the project and some operation.

"We have had a team at our own premises in Östersund working on the project for FMV's resource management support for approximately three years. We have the right skills for the development of the system and we are delighted that FMV is now expanding its business with us for the next four years. We see good potential in growing our commitment with FMV," says Niklas Flyborg, President and CEO, Cybercom.

Resource support for forward based units, RSF, is an IT system to support units in the area of logistics and logistics management. The project is at a critical implementation stage, with ongoing commissioning and integration with the ERP system from SAP.

"The size of this assignment is important for Cybercom in Östersund, and very interesting for our consultants working with agile processes in the project, which includes various advanced techniques in development and testing. We are proud of our deliveries and our good cooperation with FMV. We regard this new agreement as an acknowledgment that FMV shares our opinion," says Eva Aronsson, Account Manager, Cybercom in Östersund.

About Cybercom

Cybercom is an IT consulting company that assists leading companies and organisations to benefit from the opportunities of the connected world. The company’s areas of expertise span the entire ecosystem of communications services. Cybercom’s domestic market is the Nordic region, and in addition the company offers global delivery capacity for local and international business. Cybercom was founded in 1995 and has been quoted on the NASDAQ OMX Stockholm exchange since 1999. Read more at www.cybercom.com

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Contacts

Cybercom Group
Niklas Flyborg
President and CEO
+46 70 594 96 78
or
Cybercom Sweden Northeast
Eva Aronsson
Account Manager
+46 70 698 09 53
or
Kristina Cato
Communications and IR Manager
+46 708 64 47 02