HiQ SIGNS FRAMEWORK AGREEMENT WITH SKANDIA

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HiQ and the insurance company Skandia have been working together for ten years and now the companies have signed a framework agreement. The agreement runs for three years and can be extended.

"We are working every day to improve and simplify our customers' operations. We have provided consulting services to Skandia's business for over a decade and are very excited that this collaboration now continues through the newly signed frame work agreement with Skandia, and are very pleased with the recently signed agreement with Skandia”, says Bo Ringdahl, Managing Director of HiQ Stockholm.

“We have had a fruitful relationship with HiQ for the last ten years and with this framework agreement, we are looking forward to continued close collaboration," says Pierre Strandelin, CIO at Skandia.

Skandia is active in insurance and banking, and provides such services as unit-linked insurance, saving in the form of mutual funds, traditional life insurance, health and accident insurance, medical expenses insurance and banking services.

"We use our expertise in IT to simplify for Skandia. We have a strong position within banking and insurance and are proud of and excited about our partnership with Skandia," says Lars Stugemo, President and CEO of HiQ.

Skandia has a long tradition of pioneering spirit, product development and community involvement. Today Skandia is a leading supplier of solutions for financial security and long-term savings. Find out more at www.skandia.se.

For more information, please contact:

Lars Stugemo, President and CEO of HiQ, Ph: +46 8 588 90 000

Bo Ringdahl, Managing Director of HiQ Stockholm, Ph: +46 8 588 90 000

Peter Häggström, Head of Corporate Communications at HiQ, Ph: +46 8 588 90 000, +46 (0)704- 200 103

HiQ is an IT and management consultancy company focusing on high-tech solutions in the fields of communications, software development and simulation technology. The company is a leading player in these fields and the Nordic region is its domestic market. HiQ employs close to 1,300 people at offices in the Nordic region and Russia. HiQ is listed on the NASDAQ OMX Stockholm Mid Cap. For more information, please visit www.hiq.se

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