Tecnotree Wins Managed Services contracts worth USD 4.2 Million in Latin America

Tecnotree Corporation
Press Release
April 28, 2015 at 2.00 pm (EEST)

Tecnotree, a global provider of telecoms IT solutions, today announced that it has been awarded managed services contracts with an operator group in Latin America. The value of the awarded contracts is USD 4.2 million and the annual contract run rate value is USD 12.5.

As part of the contract, Tecnotree will be responsible for traditional software support services as well as productised managed services, including application management, consultancy, release management, database management and service quality monitoring.

Ilkka Aura, Executive Vice President, Europe and Americas, says: “Winning this contract validates Tecnotree’s global strategy to seek growth through expanding our solutions and services footprint across key customers. Likewise the awarded contracts solidify our long-term relationship with a leading operator group in Latin America, securing our footprint in this key region across 12 countries.”

TECNOTREE CORPORATION

FURTHER INFORMATION
Ilkka Aura, Executive Vice President, Europe and Americas

DISTRIBUTION
NASDAQ OMX Helsinki Ltd
Main Media
www.tecnotree.com

About Tecnotree
Tecnotree is a global provider of telecom IT solutions for the management of products, customers and revenue. Tecnotree helps communications service providers to transform their business towards a marketplace of digital services. Tecnotree empowers service providers to monetise on service bundles, provide personalised user experiences and augment value throughout the customer lifecycle. With about 1000 telecom experts, Tecnotree serves more than 100 service providers in over 70 countries. Tecnotree is listed on the main list of NASDAQ OMX Helsinki with the trading code TEM1V. For more information on Tecnotree, please visit www.tecnotree.com