Comments to the co-operation between Framfab and Volvo IT

Comments to the co-operation between Framfab and Volvo IT With reference to the attention surrounding the co-operation between Framfab and one of AB Volvo's subsidiaries, Volvo IT - not to be to confused with Volvo Car Corporation or AB Volvo - Framfab announces the following: Framfab is co-operating with several parties within Volvo. Framfab is primarily working with Ford-owned Volvo Car Corporation in the areas Internet solutions and e-business. Furthermore, Framfab is a direct supplier to AB Volvo and its subsidiaries, among them Volvo Trucks, in the same areas. Volvo IT, which forms a part of the AB Volvo group, is also one of Framfab's clients, primarily of traditional IT services. Guide, today a part of Framfab, was during 1998/99 one out of four preferred suppliers of IT services to Volvo IT and works under a frame agreement. In March this year the frame agreement was transferred from Guide to Framfab. Today the frame agreement includes only traditional IT services. The details of this co-operation are being discussed between Framfab and Volvo IT. Until the discussions are finished, Volvo IT has decided not to use the frame agreement. The co-operations between Framfab, Volvo Car Corporation and the other subsidiaries of AB Volvo are pursued as scheduled. The discussions on the subject of the future co-operation between Framfab and Volvo IT are held in a positive spirit and in spite of the frame agreement not currently being used, the ongoing projects are continuing. For further information please contact: Ola Kallemur, Press Relations Manager Framfab, +46 709 41 21 11, ola.kallemur@framfab.se, Framfab's business concept is to create new business for the network economy through strategic advice and digital services. Framfab today has 2,050 employees in 53 offices in Denmark, France, Italy, the Netherlands, Norway, Great Britain, Sweden, Germany and USA. Our clients include 3M, AstraZeneca, AXA, Bosch, Electrolux, Ericsson, Expressen, France Telecom, IKEA, International Red Cross, le Groupe Pernod Ricard, Nike Europe, SAAB Group, Tele Danmark, Vattenfall, Volvo Car Corporation and Volvo Group. Framfab is listed on the Stockholm OM Stock Exchange "O" list. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/07/10/20000710BIT00670/bit0001.doc http://www.bit.se/bitonline/2000/07/10/20000710BIT00670/bit0002.pdf