AU-System and IBM Team Up to Deliver Mobile e-business Solutions

AU-System and IBM Team Up to Deliver Mobile e-business Solutions AU-System and IBM today announced a Memorandum of Understanding which sets out the terms for a services partnership agreement to collaborate on providing mobile e-business solutions to customers of both companies world-wide. In connection with the partnership, IBM has also agreed to purchase shares in AU-System for the Swedish kronor equivalent of $15 million, making IBM one of AU- System's larger shareholders. AU-System, one of Sweden's leading suppliers of consulting services for wireless and Internet solutions, will combine their unique expertise in mobile technologies and services with IBM's unrivalled e-business capabilities. As a result of the agreement, AU-System and IBM will jointly offer end-to-end mobile business solutions, helping companies across every industry sector design, build, manage and run their mobile e-business. "AU-System has been working with mobile technologies and services for the past ten years. Our experience together with IBM's strong position in e- business will create a unique platform for the creation of mobile business solutions. Our co-operation will enable us to target new customers all over the world, starting with Europe," said Tomas Franzén, President and CEO of AU-System. "Our co-operation with AU-System is fully in line with IBM's focus on mobile e-business. Together we can help our customers exploit the advantages of mobile business solutions," said Lars Alm, General Manager of e-business services, IBM Global Services, Europe, Middle East and Africa. The co-operation will initially focus on customer projects for mobile e- business in the financial sector and on development of portals for mobile solutions. Contacts: AU-System AB IBM Global Services EMEA Tomas Franzén, President and Wynne Morris CEO E-mail: Wynne_Morris@fr.ibm.com Tel: +46 70 576 32 05 Tel: +33 1 4188 65 14 About AU-system AU-System is a leading supplier of consulting services and solutions for the development of advanced wireless and Internet technologies, applications and associated services. Following the merger with Sandberg|Trygg, Sweden's leading business-to-business marketing services agency, the company also offers integrated services for marketing communications. Major clients include Ericsson, Telia, MeritaNordbanken and Singapore Telecom. AU-System was established in 1974 and currently employs more than 730 staff in offices in Stockholm, Gothenburg, Malmö, Lund, Östersund and Singapore. For more information, please visit www.ausystem.com. About IBM IBM is the world's largest information technology company, with 80 years of leadership in helping businesses innovate. IBM offers a wide range of services, solutions and technologies that enable companies to take full advantage of the new era of e-business. IBM Global Services is the world's largest information technology services provider, with 1999 revenues of more than $32 billion and more than 138,000 professionals serving customers in 160 countries. IBM Global Services integrates IBM's broad range of capabilities -- services, hardware, software and research -- to help companies of all sizes realise the full value of information technology. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/06/05/20000605BIT00200/bit0001.doc http://www.bit.se/bitonline/2000/06/05/20000605BIT00200/bit0002.pdf