Teleca continues expansion in Italy

Teleca continues expansion in Italy Teleca and Ericsson Telecomunicazioni SpA have signed an agreement, where Teleca takes responsibility for Ericsson's Italian adaptation activities of core network products for operators. The agreement started in January 2003 and approximately 10 consultants are already working in different projects. The agreement is part of Teleca's strategy to strengthen its position in the Italian market. As a result of the agreement Teleca is recruiting new skilled engineers in Rome. Teleca has formed a dedicated group specialised in market adaptations of core network products, e.g. AXE-switches, for Ericsson's customers on the Italian market. Ericsson's customers include TIM, WIND and 3. The Teleca team is currently working at Ericsson's premises but will be based at Teleca offices during the second half of the year. "The new agreement increases our presence at Ericsson Telecomunicazioni SpA, and is proof of our ability to offer competitive and high value solutions for our customers ", says Enrico Bucci, President at Teleca Systems Italia SpA. "In order to facilitate cooperation on this and future agreements we will establish a new office very close to Ericsson in Rome." "This agreement has been made possible due to the good relationship between our companies and will further increase our co-operation with Teleca in Italy", says Luciano Brugnoni, Global Service Delivery Division Manager and VP of Ericsson Telecomunicazioni S.p.A. "The agreement helps Ericsson to save approximately 200.000 euros/year which is completely in line with the cost reduction policy in the Group". For further information, contact: ·Enrico Bucci, President, Teleca Systems Italia S.p.A, tel +39 348 2488780 ·Luciano Brugnoni, VP Ericsson Telecomunicazioni S.p.A., tel +39 335 8108945 · Teleca is an international consulting company developing and applying advanced technology. The company's business concept is to strengthen the customers' market position and time to market. Teleca builds and integrates solutions for technology and software intensive customers worldwide. Core values are honesty, reliability and hard work. The company has more than 2,500 employees with operations in 15 countries in Asia, Europe and USA. Teleca is quoted on the Attract40 list of Stockholmsbörsen (Stockholm stock exchange). www.teleca.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/05/08/20030507BIT01400/wkr0001.doc http://www.waymaker.net/bitonline/2003/05/08/20030507BIT01400/wkr0002.pdf

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Teleca is a world-leading expert and supplier of software services for all industries where mobile and wireless solutions are used. We offer world class operations and execution capability, both on-site and offshore. Teleca’s technology experts help the leaders and innovators of the connected devices industries deliver products and services that add new dimensions to the networked community. Our unmatched mobile software solutions, global reach and engineering experience enable you to realize your products and visions. In essence, we help the industry offer users great mobile experiences using turnkey, cost effective solutions with faster time to market. We are increasingly using Open Source Software components and software created by our strategic partner network to make our offerings even more comprehensive – and our customers ever more successful. Due to our unique position in the market place we are able to rapidly understand emerging market trends and needs and to proactively propose solutions to our customers. Telecas scale and global reach are unique. We support our customers wherever they are. Teleca has approximately 2,000 employees in 12 countries in Asia, Europe and North America. Teleca. Engineering mobile solutions.