TietoEnator wins global contract with Shell

TietoEnator wins global contract with Shell TietoEnator has signed a Master License Agreement (MLA) with Shell International E&P, The Netherlands. By this agreement TietoEnator's spearhead product "Energy Components", is strongly positioned to support Shell's world-wide operations. Energy Components makes available a key business system to Shell Operating Companies for oil & gas production reporting and accounting. TietoEnator has signed a Master License Agreement (MLA) for supplying Energy Components to Shell's world-wide operations. "This agreement acknowledges Energy Components as the preferred global solution for production reporting and hydrocarbon accounting", says Henning Stokke, head of Energy Components in TietoEnator in Stavanger, Norway. TietoEnator was selected because of Energy-Components wide functional coverage of both oil and gas production along with their professional and customer-oriented approach. Last year, TietoEnator opened its London office, an important step in becoming a global solution provider for the major oil and gas companies. "With this major agreement, we already see results of our UK presence. From our UK office we now support oil & gas customers on a global scale", says Per Bakseter, Vice President of TietoEnator Energy. "The move into the global energy sector is verifying the strength of our spearhead product strategy. Focusing on industry sectors and by long- term customer relationships, we learn to know our customers business and combine this with quality, reliability and ability to deliver IT solutions." continues Per Bakseter. For further information, please contact: Per Bakseter, Country Manager, TietoEnator Norway, Telephone +47 2207 60 00, mobile: +47 913 69 043, e-mail: per.bakseter@tietoenator.com With a staff of 10,000 and annual net sales of 1.1 billion euros, TietoEnator is a leading supplier of high value-added IT services in Europe. TietoEnator provides consulting, systems development and integration, operation and support, product development services for customers, and software services. The Group has in-depth knowledge of its customers' businesses in areas such as telecommunications, banking and finance, the public sector and the forest industry. www.tietoenator.com TIETOENATOR CORPORATION DISTRIBUTION Principal media ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/03/29/20010329BIT00040/bit0002.doc http://www.bit.se/bitonline/2001/03/29/20010329BIT00040/bit0002.pdf