EDS and Framfab to Form Strategic Alliance

EDS and Framfab to Form Strategic Alliance EDS Proposed to be Represented in Framfab's Board of Directors EDS and Framfab today announced the formation of a strategic alliance in Europe, starting in Sweden, Norway and Denmark. EDS is the second largest IT Company in the world and Framfab one of the world's leading Internet Consultancy Firms. Together with the Management Consultancy Firm A.T. Kearney, a subsidiary to EDS, the companies are now establishing a powerful trio with the aim of being a leading player in the Scandinavian market. "EDS and Framfab is a perfect match, which is why we chose them as a partner. We are a rock-solid IT company with a great client list. They are a young, very innovative company with competencies that will give us distinct competitive advantages in Scandinavia," said Kaj Green, CEO of EDS Nordic. "Framfab is the most interesting company within their industry and we are extremely happy to partner with them." The alliance will cover three lines of business: ·Business Consulting. Framfab will strengthen its offer within Business Consulting by co-operating with A.T. Kearney in client projects. ·Internet Projects. EDS and Framfab will co-operate in offering advanced services and IT solutions for existing as well as new clients. ·Web Hosting. EDS will take over Driftbolaget's operations and EDS will supply web hosting services to Framfab's existing and new clients. As part of the agreement, EDS is proposed to be represented in Framfab's Board of Directors. Johan Wall, CEO of Framfab, is very pleased with the agreement. "This alliance forms a strong base for the future offerings to our clients. EDS is a perfect partner for us, a company with great experience and a great client list. Moreover, it makes a co-operation with A.T. Kearney possible," said Johan Wall. A press conference will take place at Nordic Hotels (Sea), Vasaplan, Stockholm, today, Tuesday, April 17 at 10 AM. For more information: Kaj Green, CEO EDS Nordic, phone: +46 70 349 18 80 Thomas Kratzert, CEO A.T. Kearney Nordic, Tel: +46 70 896 69 18 Anna Plyhr, Head of communications, EDS Sweden, phone: +46 70 6026625, anna.plyhr@eds.com Johan Wall, CEO Framfab, phone: +46 8 545 258 00 Leif Andersson, VP Corporate Communications Framfab phone: +46 70 941 22 32 leif.andersson@framfab.se EDS, the leading global services company, provides strategy, implementation and hosting for clients managing the business and technology complexities of the digital economy. EDS brings together the world's best technologies to address critical client business imperatives. It helps clients eliminate boundaries, collaborate in new ways, establish their customers' trust and continuously seek improvement. EDS, with its management consulting subsidiary, A.T. Kearney, serves the world's leading companies and governments in 55 countries. EDS reported revenues of $19.2 billion in 2000. The company's stock is traded on the New York Stock Exchange (NYSE: EDS) and the London Stock Exchange. Learn more at www.eds.com. A.T. Kearney is one of the world's largest and fastest-growing management consulting firms. With a global presence that includes 62 offices in 37 countries, spanning major and emerging markets, A.T. Kearney provides strategic, operational, organizational and information technology consulting and executive search services to the world's leading companies. A.T. Kearney is the high-value management consulting subsidiary of global information technology services leader EDS. Learn more at www.atkearney.com Framfab is a global Internet services company whose mission is to deliver digital services based on internet technology Framfab currently runs operations in Austria, Bulgaria, Denmark, France, Italy, the Netherlands, Norway, Switzerland, Spain, UK, Sweden, Germany and the US. Many well-recognized global companies work with Framfab: 3M, AstraZeneca, AXA, Bosch, Carlsberg, Electrolux, France Telecom, I K E A, International Red Cross, le Groupe Pernod Ricard, Kellogg's, Packard- Bell, Maersk Sealand, Nike Europe, SAAB, SAS, Viag Interkom, Volvo Car Corporation and AB Volvo. Framfab is listed on the OM Stockholm Exchange's Attract 40 List (ticker FTID). Learn more at www.framfab.com ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/04/17/20010417BIT00040/bit0001.doc http://www.bit.se/bitonline/2001/04/17/20010417BIT00040/bit0001.pdf