Tieto will deliver new IT solution to Skagerak Nett

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TIETO CORPORATION   PRESS RELEASE         19 June 2014 at 13.00 EET

Skagerak Nett has chosen Tieto as their preferred partner for key IT solutions for the deployment of Advanced Measuring and Control Systems (AMS) to 180,000 households in Grenland and Vestfold in Norway. Tieto will deliver system support for contract management and work orders.

- All power companies face new requirements due to AMS and other regulatory changes. Tieto’s solution will enable us to co-ordinate contracts and work orders better and more efficiently. The objective is to have better control over work that continuously goes on in the power grid, and to manage internal resources better, says Geir Kulås, CEO of Skagerak Nett.

Contract management plays a key role in the architectural targets of Skagerak Nett, and the implementation is divided into two phases: The first phase has already started and involves internal system support for AMS deployment and operation. This phase also includes contract management of the interaction with the AMS collection solution that Skagerak will choose later this year. It also includes field support for metering orders that will be handled by Skagerak. The second phase will encompass the whole range of orders and contract management of Skagerak Nett.

Extensive experience with Nordic power companies

Skagerak has chosen a solution based on Tieto’s Workflow Management System (WMS), which is a key component in Tieto’s solution for power companies. Tieto will also deliver project implementation and support. The project started in March 2014.

Skagerak Nett is preparing for the deployment and operation of AMS across the company. The new regulations, which will be in place from 2019, require that all power companies install AMS. Tieto has broad experience and deep knowledge of AMS on a Nordic level.

- Tieto‘s solutions are well suited to meet the requirements of Nordic power companies, and this is clearly demonstrated through our recent contracts with the leading Swedish AMS-company Prometera and now also with Skagerak Nett, one of Norway’s leading power companies. Our clients face a period of numerous and complex regulatory changes. This leads to increased need for process automation and support for new workflow processes, for instance towards the Elhuben which Statnett soon will establish. We are pleased that our clients have confidence in Tieto during this period of time when market changes are happening fast, says Lars Ødegaard, Sales Manager Energy Utilities at Tieto.

For further information, please contact:

Kolbjørn Haarr, Managing Director, Tieto Norway, Executive Vice President, Telecom, Media and Energy and New Markets, Tieto Corp +47 970 57 834, kolbjorn.haarr[at]tieto.com

Lars Ødegaard, Sales Manager Energy Utilies, Tieto Norway, +47 970 57 972, lars.odegaard[at]tieto.com

Trude Martinsen Brun, Marketing and Communication Manager, Tieto Norway, +47 905 52 823, trude.brun[at]tieto.com

TIETO CORPORATION

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Tieto is the largest Nordic IT services company providing full life-cycle services for both the private and public sectors and product development services in the field of communications and embedded technologies. The company has global presence through its product development business and global delivery centres. Tieto is committed to developing enterprises and society through IT by realizing new opportunities in customers’ business transformation. At Tieto, we believe in professional development and results.

Founded 1968, headquartered in Helsinki, Finland and with approximately 14 000 experts, the company operates in over 20 countries with net sales of approximately EUR 1.6 billion. Tieto’s shares are listed on NASDAQ OMX in Helsinki and Stockholm. Please visit www.tieto.com for more information.

Skagerak Energi’s business concentrates around production, distribution and transmission of electric power and energy, and related business. Skagerak Nett is a wholly owned subsidiary of Skagerak Energi AS. The company is responsible for the distribution of the company’s electric energy, and holds a permit for Vestfold and the local councils Skien, Porsgrunn, Bamble and Siljan – in total approximately 180.000 customers. For more information, please see www.skagerakenergi.no.

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