M2S receives another order from Deutsche Post

M2S receives another order from Deutsche Post M2S's German subsidiary has received an order from Deutsche Post valued at SEK 5 M. The order is an addition to the record order received in October from Deutsche Post valued at more than SEK 170 M over four years. In addition to the repeat order, approximately SEK 1 M of the original order was called for delivery in the first quarter of 2001. The supplemental order now being placed by Deutsche Post pertains to Prospect Service, which is software applied to organize unaddressed bulk mailings within limited geographical areas. M2S's German subsidiary originally developed the program to which considerable new functionality was added this year. Among other features, this year's software version can be distributed via the Internet and CD-ROM. Delivery will be made through out the year. Concurrently during the first quarter of 2001, SEK 1 M of the original order received by M2S from Deutsche Post in October 2000 is being called for delivery. "We are pleased that the cooperation initiated with Deutsche Post during the autumn is now already resulting in additional orders also outside the original agreement, valued at SEK 170 M as a minimum," says Harald Nilsonne, President of M2S. The total order value of the original order received by M2S in October was at least SEK 170 M over four years. Globally, this is considered to be the largest single order signed within the e-learning industry. The agreement made M2S Deutsche Post's main supplier of e-learning products and services in connection with Deutsche Post building up its internal training portal, e-university. Deutsche Post World Net, with parent company Deutsche Post AG, is one of the world's largest logistics companies, including 320,000 employees in 120 countries. The DHL and Danzas companies are members of the group. For more information, contact: Harald Nilsonne, President, M2S Sverige AB +46 8 506 424 00 harald.nilsonne@m2s.com M2S is Europe's leading e-learning company in IT-training. The software programs, which are marketed under the brand names Wit and TutorWIN, can be delivered in 11 languages. M2S has about 480 employees, with its own operations in Denmark, Finland, France, Ireland, Norway, Switzerland, Spain, UK, Sweden and Germany. Currently, M2S has more than 10,000 customers in 22 countries, of which Germany accounts for more than half of operations. M2S is listed on the Attract 40 list of the OM Stockholm Exchange. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/03/06/20010306BIT00620/bit0002.doc http://www.bit.se/bitonline/2001/03/06/20010306BIT00620/bit0002.pdf