HiQ SIGNS FRAMEWORK AGREEMENT WITH TELGE AB

HiQ signs a framework agreement with Telge AB, a company owned by Södertälje Municipality with operations in areas such as housing, recycling and electricity sales. The agreement covers web development services and will be in effect for two years, with an option to extend.

“We are very happy about the new agreement with Telge AB. Businesses today are dependent on well-functioning IT solutions and we look forward to contribute with our experience and know-how,” says Bo Ringdahl, Managing Director of HiQ Stockholm.

The framework agreement includes Telge AB and all of its 13 subsidiaries. The aim is to ensure that the company’s needs for web development services are fulfilled.

“In order to offer the best services towards our customers it is important for Telge to use the most cost-effective technology. We think that HiQ as a new partner can help us in doing that,” says Telge AB.

“This is an exciting client, reaching many individuals - in Södertälje, in the region and all over Sweden. We are constantly working with improving and simplifying people’s lives and look forward to help Telge in doing exactly that,” says Lars Stugemo, President and CEO of HiQ.

Telge AB is one of Södertälje Municipality’s wholly owned companies, aiming to create a more attractive Södertälje. Activities include management of residential, commercial and public buildings; purchasing; energy and district heating; recycling; port, water and sewage; power trading and electricity sales. The Telge Group, together with the business community, has started several successful companies based on the ”Telge model”.

For more information, please contact:

Lars Stugemo, President and CEO of HiQ, tel. +46 8 588 90 000

Bo Ringdahl, Managing Director of HiQ Stockholm, tel. +46 8 588 90 000

Peter L. Häggström, Head of Corporate Communications, HiQ, tel. +46 8 588 90 000, +46 704 200 103

HiQ simplifies and improves using hi-tech solutions within communications and software development. The company is a leader in these areas and has the Nordic region as its home market. HiQ employs more than 1,300 staff and has offices both in the Nordic countries and in Russia. HiQ is also listed on the NASDAQ OMX Stockholm Mid Cap List. For more information, please visit www.hiq.se.

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