Tietoenator and YIT Service to co-operate on industrial maintenance services

Tietoenator and YIT Service to co-operate on industrial maintenance services TietoEnator and YIT Service, a company in the YIT Group, have agreed on co-operation for the supply of IT systems for industrial maintenance services. The signed agreement relates to the supply of TietoEnator's PowerMaint system to YIT Service's customers as part of plant maintenance services. The agreement further strengthens the long- standing co-operation between the two companies. PowerMaint is a maintenance and service management system developed and marketed by TietoEnator. It belongs to TietoEnator's EAM (Enterprise Asset Management) business product portfolio. The strategic target of TietoEnator's EAM business is to develop maintenance-related information technology both for providers of maintenance services and their customers. The key customer areas include the energy, forest and telecommunications industries as well as the maintenance service businesses serving these industries. Co-operation with YIT is an important part of this strategy. With the operations maintenance services provided by YIT Service, the company assumes overall responsibility for plant maintenance, its development and the operability of the process. Maintenance is linked to productivity, and target achievement is monitored using indicators set jointly with the customer. In the future, it is believed that more and more production plants will outsource their maintenance to companies specialising in professional maintenance. For further information, please contact: TietoEnator Corporation Jaakko Kuusisaari, Director, Enterprise Asset Management Telephone +358 9 862 6000, e-mail: jaakko.kuusisaari@tietoenator.com YIT Service Corporation Timo Kolmonen, Director, Business Development Telephone +358 20 433 3822, e-mail: timo.kolmonen@yit.fi With a staff of 10,000 and annual net sales of 1.1 billion euros, TietoEnator is a leading supplier of high value-added IT services in Europe. TietoEnator provides consulting, systems development and integration, operation and support, product development services for customers, and software services. The Group has in-depth knowledge of its customers' businesses in areas such as telecommunications, finance, the public sector and the forest industry. www.tietoenator.com Over the past few years, YIT Service has invested heavily in developing its maintenance services. Last year, these investments resulted in several maintenance partnership agreements. The objective always shared by YIT and the customer is to improve the productivity of the production process. YIT Service is part of YIT Installations, whose net sales in 2000 amounted to EUR 377 million, some 208 million of which came from different maintenance businesses. www.yit.fi TIETOENATOR CORPORATION DISTRIBUTION Principal media ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/04/05/20010405BIT00120/bit0003.doc http://www.bit.se/bitonline/2001/04/05/20010405BIT00120/bit0001.pdf